GM to the 23 new readers who joined this week. Without further ado. LFG

SCOOPS OF THE WEEK 

⛓️ NFT’s

• The Super Sunday Rally

• Blur Major Powershift

• Ethereum Gaming Marketplace Shuts Down

👨‍💻 WEB3

• United Nation Web3 Push

• Cristiano Ronaldo $1 Billion Binance Lawsuit

• Web3 Game Development Set To Become A Lot Easier

🪙 CRYPTO

• IBM has launched cold storage options for crypto

• How to Prepare for the next crypto bull market

⛓️ NFT’s

• NFT Total Market Cap $9.48B - 24/hour change 13.04%

• NFT total Volume 24 Hours - $30.8M -34%

  • Things are looking up & whilst crypto is up, we are now seeing NFT projects boom in floor price.

  • The hottest segments of the market are certainly still art, WEB3 gaming assets, with some outliers in the PFP markets.

  • Overall the NFT market has sustained gains with no significant pullback, which tells us that momentum is bubbling in the right direction.

  • FlamingoDAO sweep, featuring diverse assets like art and pfp collections (Azuki, CrypToadz, SupDucks), contributes to the market's positive trend.

  • Growing optimism for JPEGs suggests that the NFT market very well surpassed its lows and we could be in for a broader risk rally in the upcoming year. Come on Santa. Give us what we want!

  • Doubters once said that NFT will never return to their all-time highs (ATHs), but recent actions are fueling speculation and making this a real possibility.

  • Crypto is starting to boom, but the NFT’s market cap is relatively small size within the crypto space so with a little overflow of capital.

  Here is our list of solid pickups below.

  • CrypToadz by Gremplin

  • Opepen

  • The Captainz

  • Yoga Petz

  • Kubz

  • Pudgy Penguins / Lil Pudgys

  • Sproto Gremlins

  • MF’ers

  • OnChain Monkey

• Notable Floor Movers Today

• Deep Black +64% (AI art)

• Pixel Farm Land +29% (Web3 Gaming asset)

• Jack Butcher +19% (Generative Art)

• Notable Floor Movers this Week

• Kanpai Pandas +82 % (PFP community)

• Pixelmon Generation 65% (Web3 Gaming)

The Super Sunday Rally - We are Back!

At a glance 🔎 

• Sunday the 3rd of December will be known as Rally Sunday.

• Projects of all different levels boomed with double-digit % growth.

• Everyone is saying the same thing…WE ARE BACK

🕵️ Scoops take:

It is safe to say that the bottom is behind us now, congratulations…you’ve made it.

Notable increases on Rally Sunday include:

Pudgy Penguins +32% to 10.2ETH

Azuki +13% to 6.8ETH

Milady +20% to 3.7ETH

World of Women +52% to 1.36ETH

Kanpai Pandas +69% to 1.4 ETH

Of course, there may be a little retracement now, but the sharp rises indicate that the worst of the conditions should be behind us now.

With ETH rising from $1840 to $2230, BTC from $34,780 to $41,785 and Solana from $42.73 to $61.68 over the last month, hopefully, the double-gains have made a profit for plenty.

Let the bull commence.

Blur Major Poweshift - OpenSea sleeping at the wheel.

At a glance 🔎

• Stats have been released to show that Blur holds almost 80% of NFT trading volume.

• OpenSea’s has dwindled down to 17%

• November smashed October’s monthly trading volume by almost 100% with November seeing $605m of Ethereum-based NFT trading compared to October’s $306m

🕵️ Scoops take:

OpenSea is trying to recover some of the market share by releasing new features however, the bad news has recently dominated the good. Specifically, slashing 50% of the workforce and Coatue’s slashed valuation from $13.3bn to $1.4bn.

Blur does see a lot of farming and the end-of-season rewards caused the market to move in mysterious ways but the fact remains that OpenSea should never have been in a position where they had less than 20% of the market share for marketplaces.

Troubling times ahead.

Ethereum Gaming Marketplace Shuts Down - The sector remains challenging to control.

At a glance 🔎

• Aqua CEO, Sean Ryan, has announced that the marketplace is officially shutting down.

• They have cited challenges in raising funds and slower-than-expected growth as the reason.

• They aimed to offer a gaming NFT marketplace and supported NFTs on Ethereum as well as scaling networks Polygon and Immutable X

🕵️ Scoops take: 

Last week the announcement of the partnership between Liquid and Illuvium may have shaped the future of the e-sport/ gaming sector.

News like this, however, shows the challenges so many face in trying to marry these two sectors.

Aqua had great intentions, but they won’t be the last NFT marketplace that has to shut down in trying to mix NFTs and gaming,

The door is proving her harder to knock down.

🌐 WEB3

United Nations  To Upskill Thousands Of Staff In Blockchain

At a glance 🔎

• The United Nations Development Programme (UNDP) is partnering with the Algorand Foundation to launch a blockchain academy in 2024 to educate its 22,000 staff members across 170 countries.

• The academy's curriculum will cover distributed ledger technology and blockchain applications, including financial inclusion, supply chain transparency, real-world asset tokenization, and digital identity.

• This initiative aims to empower UN practitioners worldwide with blockchain skills to address complex global challenges and contribute to achieving the Sustainable Development Goals.

🕵️ Scoops take:

The UNDP's move to educate its vast workforce about blockchain is like giving them a new superpower in the fight against global challenges. Just as superheroes harness their unique abilities to save the day, UN practitioners armed with blockchain knowledge can tackle poverty, promote transparency, and advance sustainable development. This initiative is about empowering real-world heroes with the tools they need to make a difference in our increasingly digital world.  Blockchain for good - we love to see it ❤️

Cristiano Ronaldo Sued for $1 Billion Over Binance NFT Promotion

At a glance 🔎

• Cristiano Ronaldo faces a $1 billion lawsuit for promoting Binance, accused of encouraging investments in unregistered securities.

• The lawsuit alleges Binance's illegal operations in the U.S. and highlights the potential liability for celebrity endorsements in the crypto industry.

• The SEC has previously emphasized the need for celebrities to disclose compensation and remain unbiased when endorsing crypto assets.

🕵️ Scoops take:

A bit of a sticky wicket for ole’ Cristiano here.  Whilst no doubt he never intended to deliberately put anyone’s capital in danger, it does serve as a bitter reminder that influencers must be aware of the possible ramifications and legal consequences that can arise when affiliating and promoting asset classes. Overall, as the space matures, to protect both investors and celebrities from unintended liabilities there’s going to need to be deeper regulation.

Web3 Game Development Set To Become A Lot Easier

At a glance 🔎

• Ubisoft-backed Horizon Blockchain Games launches Sequence Builder to simplify adding crypto and NFTs to video games, providing game developers with features like importing NFT collections, crypto wallet connections, gas fee prepayment, and white-label NFT marketplaces.

• Sequence Builder aims to streamline the integration of blockchain elements within popular game engines like Unreal Engine and Unity, improving the user experience by allowing in-game blockchain functions.

• The full-stack solution includes tools like an indexer, and while initially focused on Ethereum networks, the company is open to expanding to other networks like Solana based on developer demand, offering flexibility in blockchain integration for game developers.

  🕵️ Scoops take:

For game developers, Horizon's Sequence Builder is giving them a magic wand to effortlessly weave blockchain and NFTs into their games. It's not just about making crypto more accessible; it's about ensuring players never have to leave the gaming world to dive into the blockchain universe. This move could revolutionise the gaming industry, making blockchain integration seamless and enhancing the gaming experience, all while Ubisoft and Take-Two Interactive watch closely. 👀

🪙 CRYPTO CRUNCH

• Crypto Total Market Cap $1.59T - 24/hour change +3.31%

• Crypto Market Volume 24 hours $77B -16.72%

  • Things are getting wild out here. Bitcoin and crypto are on a moon mission.

  • At this stage, we thought we would see a pullback by now, but the bulls are taking control by far.

  • BTC at 43.3k and ETH above 2250, is simply wild. We are seeing the fear & greed index push up to near 80! This is crazy considering that the halving hasn’t even taken place yet.

  • We saw a big pump on Sunday, and the momentum has held for over 48 hours, with consistent buying against dips.

  • Performance is majorly concentrated in majors, but certain ALTs are performing well too. We may have called nearly every single one in our premium newsletter.

  • This is seriously bullish momentum coming into 2024, and well, we hate to say…..we told you so.

  • Next steps. Dips are for buying for sure. As Bitcoin cools its jets, alts will shine.

  • We are hoping for a flush out of the crypto markets, shake out the late longs, and allow us to load up hard on the gems. When that will happen is unsure.

  Crypto narratives to focus on this Fall

• - AI Infrastructure / AI tokens.

• - Metaverse & gaming tokens

• - Social-Fi / Gambefi

• - RWA - Real-World Asset tokens

• - New Layer 1’s

• - Telegram trading Bot tokens

• - Privacy Dex’s

Top Stories

• IBM has launched cold storage options for crypto

• How to Prepare for the next crypto bull market

😡 THE REKT SECTION 😡

Rolling Stone

Let us take you back to the end of September.

An article has just been released that “showed” 95% of NFTs owned by more than 23m investors had no value.

This was an easy mainstream media dig at the space however we felt that knowing the behaviours of the space, this may have just been the event that spurred the market into action.

As recent stories have shown, the markets are now performing better than ever and many are enjoying the recent boom since pretty much the date of the article’s release.

Time to prosper was the battle cry and prosper is what we have done.

It would probably be best for them to stick to music and pop culture.

🏆 WEEKLY WINNER 🏆

Pudgy Penguins

It is so rare that a project wins back-to-back winners but how can it be anything else?!

Not only are the flightless birds flying, they are soaring out of space right now.

When we had just finished writing our piece last week on them we felt the 1.3 ETH rise in the 7 days prior was remarkable given that there were no actual announcements.

If that rise was remarkable then god knows what this is as since we published the article on Friday, the Penguins rose a further 3 ETH to 10.3 ETH taking the 14-day profit to the 5 ETH region.

They have since retraced back to 9.72 ETH (still up 69.3% over the last 7 days) so the wait goes on the first-ever hat-trick winner feature.

Welcome to the exclusive Member-only section of Triple Scoop  

Feast your eyes on the delights, surprises & Alpha below.

Subscribe to Triple Scoop Premium to read the rest.