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

SCOOPS OF THE WEEK 

⛓️ NFT’s

• OpenSea Cuts 50% of Staff

• Simpsons NFT Treehouse of Horror

• Uptober To Upvember

👨‍💻 WEB3

• $588k Stolen Through Fake Microsoft Store Ledger App

• Luxury Crypto Web3 Phone Incoming

• Yuga Social Lead Resigns Over Racist Tweets

🪙 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

• Under the radar token in a bullish sector that influencers are just waking up to. The Nearest competitor is 20x from here, discover it before the crowd.

⛓️ NFT’s

• NFT Total Market Cap $5.69B - 24/hour change +5.9%

• Volume Traded 24/hours - $97.5M +23.7%

  • Sentiment is holding up, but Volume has decided to choose violence today & make a serious move to the upside. Not only that but for the last few weeks we have reported NFT collections up higher than 60% on the daily.

  • In the last 24 hours, there has been a significant surge in various projects, yielding returns ranging from 10% to 90%.

  • If you are not yet back in the land of NFTs. Time to pay attention.

  • CrypToadz has experienced a 135% increase in value over the past week, with a floor price now set at 1.4ETH, following recent purchases by XCOPY.

  • On-Chain Monkey also saw a surge, nearly doubling its floor price to 2.34ETH.

  • Cool Cats have seen a 60% increase, now priced at 1.1ETH.

  • Gordon Goner, the founder of Bored Ape Yacht Club, decided to Ape a Zombie CryptoPunk - 600ETH, leading to a notable wider rise in the floor price of Punks, which is approaching 50ETH.

  • It is clear there is still caution surrounding NFTs, and whether we can sustain these prices, but the narrative, sentiment, volume & price action is all rising. What more could you ask for?

  • Again, we must mention that Crypto is having a surge currently, preparing itself for a major bull. This will also be a major catalyst & contributor to capital inflows into NFTs leading to a bull market.

  • Notable Top Floor Movers Today

  • OnChainMonkey +80% (Strong Community - Web3 Culture)

  • NFTrees +80% (WEB3 / Game MMORG)

  • Goblin Town +67% (Degen Meme)

  • CyberBrokers +63% (Collectible)

  • Notable Floor Movers this Week

  • Kubz +210% (WEB3 / Game / Closely tied to Memeland)
    OnChainMonkey +130% (Strong Community - Web3 Culture)

  • OCM Karma - +126% - (ART / PFP - Gives you access to equivalent NFT on Ordinals Network)

  • Cryptoadz - +120% - (Classic Pixelated NFT art)

OpenSea Cuts 50% of Staff - A flatter organizational approach is sought.

At a glance 🔎 

• The marketplace’s announcement came as a huge surprise.

• The plans remain in place to launch a next-generation version of the marketplace.

• They previously laid off 20% of their staff back in July 2022.

🕵️ Scoops take:

Whether it is new products, a change in royalties or laying off staff, OpenSea cannot keep out the headlines.

At least this time they aren’t quoting the “bear market” as the reason - there is definitely some honesty about the reasoning.

The issue for them now though is that there is significant pressure on the remaining staff to deliver an excellent new product as expectations remain as high as ever.

Our Premium Unlocks this week..

• Under the radar token in a bullish sector that influencers are just waking up to. The Nearest competitor is 20x from here, discover it before the crowd.

Simpsons NFT Treehouse of Horror - Have they predicted the future once again?

At a glance 🔎

• The episode “Wild Barts Can’t Be Token” hit the screens on the 5th of November.

• The Beeple and BAYC made visual appearances throughout the episode.

• Writer Matt Groening has previously mocked Crypto and the Blockchain in another of his programs, Futurama.

🕵️ Scoops take:

You can watch the episode here.

As many of you know, the Simpsons predict the future. With Bart being valued at $1.5m are we heading back to the good times?!

Groening may mock NFTs but the majority of the space has welcomed this episode, it’s probably been a great case of education for many.

Money opportunities presented themselves as a result of the episode. A coin called Wild Bart launched and shot up to $0.64 before levelling back off.

Uptober to Upvember - The market is showing positive signs.

At a glance 🔎

• Sales volumes jumped up to $129m in the first week of November.

• Nannsen, who shared the data, said the volume reached a peak of 68,342 ETH

• Blur had the market share in terms of Marketplace and BAYC had the most volume for an individual project.

• There was a 12% increase in traders.

🕵️ Scoops take: 

This is why we are happy that OpenSea didn’t cite the bear market as a reason for the layoffs.

Slowly but surely the market is heading towards a period of stability and health.

There will of course still be ups and downs but the market is still offering plenty of profit opportunities.

The concern was that NFTs wouldn’t be able to keep pace with the recent Crypto rise but as long as there is long-term growth, everyone is a winner.

🌐 WEB3

$588k Stolen Through Fake Microsoft Store Ledger App

At a glance 🔎

• A fraudulent "Ledger Live Web3" app on Microsoft's app store scammed users, resulting in a theft of nearly $600,000 in Bitcoin.

• The deceptive app, which mimicked the official interface for Ledger hardware wallets, facilitated 38 transactions with the largest being $81,200.

• Microsoft has since removed the app, and Ledger reiterated that their software should only be downloaded from the official website.

🕵️ Scoops take:

The scam that sneaked into Microsoft's app store is a digital wolf in sheep's clothing, preying on the crypto flock. A reminder that even in the Wild West of web3, where self-custody is gospel, vigilance is paramount. It's a sleight of hand that cost users big. When downloading anything, remember folks….check check and check arain…

Vertu's Metavertu II: The Ultra-Luxury Phone Becomes a Crypto Haven for the Wealthy

At a glance 🔎

• Vertu's Metavertu II smartphone, priced up to $9,300, targets crypto-rich clients with built-in wallets and a decentralized operating system.

• The phone boasts a 'passport to the Web3 world' via an innovative identity system and secure, hardware-based blockchain integrations.

• Vertu is pivoting towards a "Web2.5" strategy, offering luxury materials and a dual operating system to bridge the current Web2 and Web3 experiences.

🕵️ Scoops take:

Some statement piece here for the crypto elite…Integrating Web3 features into a luxury handset, Vertu isn't just selling a phone; it's selling membership to an exclusive club where digital and physical luxury converge. This move signals that crypto's not just surviving the bear market—it's donning alligator skin and thriving, merging the blockchain's promise with the allure of high-end exclusivity. It's a bold bet on digital identity as the new status symbol, with Vertu banking on the notion that, for some, the future of flaunting wealth isn't just what you hold, but how securely and stylishly you can hold your digital assets.

Yuga Labs Social Lead Exits After Past Racist and Antisemitic Tweets Surface

At a glance 🔎

• Yuga Labs' Social Lead resigned amid backlash over his historical racist and antisemitic tweets.

• The controversy surfaced during ApeFest, overshadowing the event and Yuga Labs' recent collaborations.

• Yuga Labs, valued at $4 billion, has refuted previous accusations of discriminatory imagery in its NFT collections.

  🕵️ Scoops take:

Reality check inbound… In a forward-looking space, the past can still catch up with a swiftness that outpaces even the most viral NFT. It's a stark reminder that accountability and the principles of inclusivity are just as important in the virtual domain as they are in the physical one, possibly even more so as this space continues to shape our digital human experience.

🪙 CRYPTO CRUNCH

• Crypto Total Market Cap $1.31T - 24/hour change -1.58%

• Total Crypto Volume 24 hours - $41.61B - Change +4.26%

• The market is still greedy, but in the short term, are traders about to be taught a lesson?

• BTC has dropped back to 34.6K after yesterday's gains, and notably $DOGE decided to have a mini pump. Is this a local top signal before we retrace back to $30K? Perhaps. Pumping Memes especially larger caps do typically mark the end of the immediate rally.

• But are we bothered, no. Holding spot-long positions that are high-conviction plays allows us & hopefully you to sleep soundly at night. If we see a pullback, this purely offers better entry levels into our longer-term holds.

• So case in point here. Don't be surprised if we retrace here. In fact, it’s healthy. If you are holding more speculative tokens, it may be time to cash out into stables if you don’t plan on holding them long-term. Your long-term bags will be just fine, better to hold than to fumble the bag at this stage of the bull.

  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

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

• Arthur Hayes thinks Blackrock could Kill Bitcoin

• Hot spot areas in crypto

😡 THE REKT SECTION 😡

BAYC

They may have been flying with all the good news of late, but they have just been brought back to earth.

Some of the holders who attended ApeFest have reported losing their vision / having blurred vision following the event.

It transpires that they have caught photokeratitis, which is a condition caused by exposure to UV lights.

There was an event that featured a lot of lasers and strobe lights with many saying the incorrect bulbs were used and this caused the issue.

BAYC have come out and said that less than 1% of those attending and working the event had symptoms.

The low numbers didn’t stop the floor price from taking a hit as it dropped down to 28.4 ETH from 32ETH over the last week.

🏆 WEEKLY WINNER 🏆

Springfield Punks

The free project was launched following the NFT-related episode.

People quickly piled in and it sent the floor flying to 0.4 ETH before retracing back to 0.1 ETH

The project has managed to do 1310 ETH of trading volume and typically has now slowed.

This didn’t stop the chance to make some decent profit however with 4 NFTs being sold for over 1 ETH and the highest sale being recorded as 3.5 ETH.

Welcome to the exclusive Member-only section of Triple Scoop  

• Under the radar token in a bullish sector that influencers are just waking up to. The Nearest competitor is 20x from here, discover it before the crowd. 

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

Subscribe to Triple Scoop Premium to read the rest.