Disney back into NFTs!

+ Crypto Hotspots Outperforming The Market 👀

The Triple Scoop

 

GM to the 35 new readers who joined this week. Without further ado. LFG

SCOOPS OF THE WEEK 

⛓️ NFT’s

  • MetaMask Update

  • NFTs Are Retaining Value

  • Degen Distillery Receives Big Backing

👨‍💻 WEB3

  • Animoca Bets Big On BlockChain Gaming

  • Chinese Hackers Using Fake Skype App To Steal Photos & Crypto

  • Web3 Games Are Shifting Blockchain.

🪙 CRYPTO

  • Ordinals Network ‘$ORDI’ token is listed on Binance

  • Arthur Hayes thinks Blackrock could Kill Bitcoin

  • Hot spot areas in crypto that have outperformed the market

💎 Premium

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⛓️ NFT’s

⛓️ DISNEY IS FLIP-FLOPPING BACK INTO NFTS

It wasn’t long ago that Disney decided to pull back on its efforts into all things NFT but by a turn of fate, it looks like we have the entertainment powerhouse back on our side.

Brace yourselves for the latest NFT marvel – Disney Pinnacle, a dynamic collaboration between entertainment giant Disney and blockchain trailblazers Dapper Labs. Launched today with an exclusive early release, the mobile-based app invites users to explore a captivating realm of digital pins featuring beloved characters like Baby Yoda and Woody.

Dapper Labs, known for hits like NBA Top Shot, aims to showcase the potential of Web3 through popular IPs such as Lucasfilm and Pixar. As the NFT market seeks a resurgence, Disney Pinnacle stands poised to captivate mainstream audiences with its blend of enchanting Disney magic and cutting-edge technology. Get ready for a spellbinding journey into the world where NFTs meet the magic of the mouse!

  • NFT Total Market Cap $7.69B - 24/hour change +33%

  • Volume Traded 24/hours - $136M +30%

    • Up nearly 1 Billion US dollars in market cap since last week, with most collections sitting in the green from a few weeks ago.

    • Upward trends in Volume are expected to continue, and as mentioned last week, we feel fairly confident that if you have been waiting on the sidelines now is a good time to be looking at NFTs again for purchase.

    • Of course, expect volatility, but it looks like we were correct a few weeks/months back when we were calling that the bottom is in.

    • As new launches naturally crop up in more bullish pastures, we will be sure to report interesting finds for your radar. We are continuing to see smaller Generative art launches perform well, but also expect to see ‘Web3 in-game assets’ grow in line with the crypto market increases.

    • For now, here is our list of solid pickups below.

    • CrypToadz by Gremplin

    • Opepen

    • The Captainz

    • Yoga Petz

    • Kubz

    • Lil Pudgys

    • Sproto Gremlins

    • MF’ers

    • OnChain Monkey

    • Notable Top Floor Movers Today

    • CrypToadz +16% (Onchain Art / PFP)

    • Imaginary Ones +16% (PFP Community)

    • You the real MVP +7% (Factory Pass / Memeland)

    • Notable Floor Movers this Week

    • Neo Tokyo Outer Identities 275% (WEB3 community)
      Beeple the 5000 day +70% (Art)

At a glance 🔎 
  • The latest update from the wallet giants targets NFT use.

  • They have announced streamlined NFT transfers with the introduction of a dedicated tab within MetaMask wallets.

  • The viewing and transferring process of NFTS can be done without the need for a 3rd party website e.g. OpenSea.

🕵️ Scoops take:

Once again we are seeing MetaMask at the forefront of the convenience race.

They are slowly but surely developing the perfect product where you can do so much in one place.

From personal experience there was nothing more annoying than having all the extensions loaded up, so we support this latest update.

Triple Scoop Premium members have been printing the last few weeks getting the low down on the hottest alpha across crypto & NFTs.

Want to see what all the fuss is about? Start your free trial today & get prepared for the bull run that is underway.

Our Premium Unlocks this week…

At a glance 🔎
  • It has been revealed that top collections are retaining their value.

  • The top 10 collections are worth a combined $2.5bn.

  • This valuation shows that the projects have retained 73% of their value from 1 year ago.

  • Compared to modern art which stands at $3.1bn, 67% of its all-time high and a drop of 12% in the last year.

🕵️ Scoops take:

They were supposed to be worthless, weren’t they?

It just goes to show what the MSM think, and typically it isn’t always right.

Yes, this article does focus on the top collections, but as we have shared there are many out of this group that are performing strongly.

All indications point that the bottom has passed.

Let’s rise together.

At a glance 🔎
  • Ahead of their NFT launch on the 15th of November, the pressure is on following Google and Brewdog backing the project.

  • 721 items will be available at a mint cost of 0.1 ETH

  • Owners will retain IP rights to co-create Degen Distillery products.

🕵️ Scoops take: 

The greatest thing about this launch is the move away from the old PFP days.

We kept saying they were over, but until we see these new projects launch, you can never bet the house on it.

What we love about this is the opportunity for the community to really grow with the project and we have witnessed the successes of holders having IP rights, especially recently with Pudgy Penguins.

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🌐 WEB3

At a glance 🔎
  • Animoca Brands acquires blockchain-powered streaming platform Azarus to innovate Web3 gaming engagement.

  • Azarus, known for its interactive streaming and token incentives, has already rewarded over $2 million across a 20 million player base.

  • The acquisition aims to transform streaming into a more immersive and participatory experience, leveraging Animoca's extensive Web3 gaming portfolio.

🕵️ Scoops take:

Potentially huge move here -  it's a cultural shift in Web3 gaming. By blending interactive streaming with blockchain technology, they're setting the stage for a more dynamic and engaging gaming community. Think Twitch meets crypto, with the potential to mainstream Web3 gaming and transform passive viewers into active participants. Could this be the nudge that pushes blockchain gaming from a niche interest into the broader gaming universe? Time will tell…🤞

At a glance 🔎
  • Chinese hackers use a fake Skype video app to execute a phishing scam targeting crypto users in China.

  • The scam, exploiting China's ban on international apps, involves malware that swaps real crypto addresses with the hackers' addresses.

  • SlowMist identified and blacklisted several wallet addresses linked to the scam, with one Tron chain address receiving about 192,856 USDT.

🕵️ Scoops take:

Cleverly exploiting the ban on international apps, this case spotlights a growing trend in crypto fraud: exploiting user trust in familiar platforms. It's a stark reminder that in the crypto realm, vigilance is key. Users need to be as cautious online as they are offline, critically assessing each app's authenticity. This incident isn't just a wake-up call for individual caution, but a nudge for the industry to bolster security measures and user education.

At a glance 🔎
  • In 2023, 43 blockchain games halted development, mainly due to financial challenges, with many being small studios.

  • The majority of Web3 games are indie projects, with only a small percentage being large-scale AA or AAA studios.

  • Increased competition among blockchain networks has led to a notable trend of games migrating to networks like Polygon, Immutable, and Arbitrum for various reasons, including cost efficiency and market stability.

    🕵️ Scoops take:

The mass pause and shift of blockchain games isn't just a statistic; it's a reality check for the Web3 gaming world. It underscores the harsh terrain of innovation where funding and market fit are as crucial as the tech itself. The migration of games to networks like Polygon signals a quest for stability in an ecosystem where the next level is survival, not just high scores. A sobering reminder that in the gaming universe, adaptability might just be the ultimate superpower.

🪙 CRYPTO CRUNCH

  • Crypto Total Market Cap $1.39T - 24/hour change -1.75%

  • Total Crypto Volume 24 hours - $61.94B - Change +22.45%

  • The market has been greedy for a while now and has taken a slight dip over the last 12 hours.

  • It is likely we experience some ranging chop before a move higher for Bitcoin & Ethereum.

  • If we zoom out, we expect to hit $40-$41K, then retrace back to lower $30K’s. This will be your entry point, We repeat this will be your entry point if you are still sidelined.

    Crypto narratives to focus on this Fall

  • - AI Infrastructure / AI tokens.

  • - New Layer 1’s

  • - Social-Fi /Gambefi

  • - Telegram trading Bot tokens

  • - Privacy Dex’s

  • - Revenue Sharing projects

  • - Liquid Staking derivative projects

  • - Metaverse & gaming tokens

  • - RWA - Real-World Asset tokens

Top Stories

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😡 THE REKT SECTION 😡

It seems anything Elon-related in the coin market has been pumping recently, but most notably the meme coin ‘$GROK’ which represents the release of Elon’s latest ChatGPT competitor. $GROK skyrocketed in just over a week to $150M in market cap, pretty crazy, but in true crypto fashion.

But following a Tweet from Onchain Detective ‘ZachXBT’ that explained the developers of $GROK were scammers, given that history of previously failed coins. $GROK then aggressively dumped to $65M market cap, catching the late buyers completely off guard.

Crypto Twitter took to the news and said ZachXBT’s tweet was unfair, stating that the developers weren’t scammers, they just launched other meme projects that had previously failed to gather momentum and subsequently dump

Despite the Fud, $GROK has managed to maintain a market cap of around $70M, and Elon-related meme coins are still performing relatively well.

Time will tell if this is the entry point of a lifetime for $GROK, given that some are dubbing it as the next $PEPE, due to the fact that Elon will continually tweet about the development of his product GROK for months to come.

For now, those who bought the top of $GROK are certainly REKT, but time will tell have far this thing will fly.

🏆 WEEKLY WINNER 🏆

Orkhans latest project was minted on the 11th of November and has exceeded all expectations.

The supply can be tailored to the success with it being only 111 items but with lack of supply brings demand.

The project’s mint price was 0.5 ETH and those who minted certainly got their money’s worth with the floor flying to a current floor price of 5.9 ETH.

This 11.8x shows that there are certainly amazing opportunities out there.

But just remember what the MSM told you, NFTs are worthless…

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