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Solana NFTS lead the charge
Bitcoin Hits Yearly High!
GM to the 23 new readers who joined this week. Without further ado. LFG
SCOOPS OF THE WEEK
⛓️ NFT’s
Okay Bears x Zara
Ronaldo Named in Binance Suit
Illuvium Teams Up With Team Liquid
👨💻 WEB3
United Nation Web3 Push
Cristiano Ronaldo $1 Billion Binance Lawsuit
Web3 Game Development Set To Become A Lot Easier
🪙 CRYPTO
UK is clamping down on Crypto Tax
$1 Billion in BTC withdrawals can only mean one thing
💎 Premium
⛓️ NFT’s
NFT Total Market Cap $7B.16 - 24/hour change 1.48%
NFT total Volume 24 Hours - $21.3M -8%
First up, let us address the annoying cousin that ETH maxi’s love to hate. Solana.
Solana's NFT market is experiencing significant growth, with notable projects like Mad Lads leading the way.
Mad Lads has reached an impressive floor price of 167 SOL, with Tensorians and Okay Bears also performing well.
There has been a long rivalry between ETH & Solana, with ETH heads stating SOL is for ‘Brokies’ (Which isn’t the case), but with $SOL offering cheaper fees, and lower barriers to entry, It is always going to attract attention, excitement & Volume.
If you aren’t already, our advice would be to keep tabs on the SOL ecosystem. Never marry a chain & keep your mind open.
ETH NFT Landscape:
Ethereum's NFT space appears comparatively quieter, that being said ETH has been ripping upwards, so in terms of dollar value NFTs are certainly holding up strong.
Daily and weekly Performers are often those NFTs that are related to gaming, Utility, and Generative Art.
One stand-out blue chip performer… Yup, Pudgy Penguins have still been shouting, with their floor price reaching an impressive 7.7ETH. We have been bullish on them for a while. These are gonna continue to soar.
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
Goda Mint Pass +79% (Generative Art Pass)
AnarKey TradeAi +31% (PFP + Utility)
MoonBirds +26% (PFP community )
Notable Floor Movers this Week
Pixels Farm Land +82 % (Web3 gaming)
At a glance 🔎
The clothing retail giants have partnered with Okay Bears to launch apparel.
The clothing is now available in 1149 stores across 74 countries worldwide.
The owners of the two bear NFTs that have been selected to feature on the clothing will get 50% of the fees and royalties generated by Zara.
🕵️ Scoops take:
Where do you start with this, there are so many insane aspects to come from this story.
The $2000 paid for these NFTs could be an incredible investment given the generous royalty split with Zara - it is just a shame only 2 holders (for now) will receive the benefit.
It is also amazing that this news broke out of nowhere and the items are already in the stores, your projects are building!
Zara is a massive retailer, so from a mainstream onboarding point of view, this is an ideal situation.
You can check them out here.
Scoop Premium run it back to Turbo again. .. 🤯
At the end of October, premium members were notified about the goliath that is $TAO, which has been one of the most successful projects over the last few weeks, just check where the ‘Triple Scoop’ marker is on the chart for where we called it.
A whopping 7X on $TAO.
We have another massively bullish project in the works this week.
Our Premium members section is just $10, but try before you buy & start your free 2-week trial today. It is time to get prepared for the bull run that is underway.
Our Premium Unlocks this week…
At a glance 🔎
The Footballer has been named in a $1bn class action lawsuit.
His involvement in promoting unregistered securities.
It is alleged that Ronaldo’s NFT sales were successful in promoting the exchange with a 500% increase in searches for Binance following the initial sale.
🕵️ Scoops take:
When CZ pleaded guilty and agreed to a $4.3bn settlement for violating numerous laws (potential 18-month prison sentence) every Celebrity endorser must have immediately panicked.
We saw the same with FTX, celebrities have got to do more to ensure what they are promoting protects them.
We don’t want to comment on the legalities of this, but it could turn quite messy for the star.
At a glance 🔎
Team Liquid will be releasing NFTs for Illuvium as well as advising on game development and boosting the esports scene.
They will also be testing the game and have said they are incredibly impressed.
Team Liquid raised $35m in funding last year
🕵️ Scoops take:
This is more than a partnership, this is two members of the sector trying to break the boundaries for NFTs in gaming and e-sports.
Team Liquid does not want to stop there, they want to create a world where gaming achievements translate to the real world where every move could be the one that lands you something epic.
The main issue in terms of gaming and the space has been the apprehension shown towards NFTs.
Let’s hope they break the door down.
🌐 WEB3
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 ❤️
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.
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 $1.44T - 24/hour change +1.51%
Crypto Market Volume 24 hours $47B 2.06%
First up, the bureaucracy of crypto. The SEC could be finally getting ready to approve the long-awaited BTC ETF, with the majority of dotted I’s and cross T’s in the works. Things are about to get crazy.
Bitcoin hit its year high today, just scraping $39,000, before pulling back slightly, crypto Twitter is in euphoria & Alts are in a Frenzy. Bitcoin’s run meant that we also broke a key resistance level, and can expect to push higher over the coming days/week.
But you don’t care about what’s happened, you want to know what’s going to happen right?
We think $BTC will rally to the early $40’s and maybe to Mid $40k’s. ALT’s will soar higher, but we do expect a retract to low $30K’s, which is a key support level.
If we get that scenario. Load up, it’s time to do so. buy the red, without fear. It’s where the money is made.
New launches Onchain are becoming better. We are seeing genuine projects launch rather than the majority being pump-and-dump scams.
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
😡 THE REKT SECTION 😡
November Thefts
The crypto industry had its most damaging month for crypto thievery in 2023 with criminals managing to steal $363m.
Between the Poloniex and HTX / Heco Bridge exploits as well as the KyberSwap flash loan attack this amounted to the majority of the figure.
Exploits accounted for most with $316m and it just goes to show how dangerous this place can be without awareness.
These types of incidents will drive many away from wanting to be involved so do not become a statistic.
#CertiKStatsAlert🚨
Combining all the incidents in November we’ve confirmed ~$363M lost to exploits, hacks and scams
This makes November the most damaging month this year
Exit scams were ~$1.1M
Flash loans were ~$45.5M
Exploits were ~$316.4M
See more details below 👇
— CertiK Alert (@CertiKAlert)
11:38 AM • Nov 30, 2023
🏆 WEEKLY WINNER 🏆
Pudgy Penguins
Who said penguins can’t fly?
The project has been booming of late and statistics are showing this has been a second half of the year to remember for the project.
if you entered back in July you would be 4 ETH up on your investment (more than what you paid for the NFT)
Over the last 7 days, the numbers have been extremely bullish - had you bought one this time last week you would be up 1.3 ETH on your investment ($2720)
Looking at the 14-day market, this would have been even better with your investment up 2 ETH ($4180)
The flightless birds are flying.
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