The 2nd NFT report from the great team at Crypto Wallet Spy is here!
Weekly Crypto and NFT Summary 10th - 17th October
In the Crypto world, we have seen some new ATH’s with lot’s of assets heading directly for the moon, ETF’s are officially on the way, and Facebook are devoting more energy to their own crypto asset. All very bullish long term yes, but the question is how long will this week’s moonshot last in the short term. If you take a look at what has been going on in the wallets of our big influencers then you’d be forgiven for thinking that the end is nigh. One of our influencers has made a big move into stable coins already. Three stable coins now sit in the top spots in the asset list and makeup ~80% of their crypto spread!
In the NFT world, most of the action has been around the creation of our tracked influencer’s own NFT projects. Tony of JRNY Crypto
has been working away behind the scenes and we are expecting to see some big news from him coming soon. When an influencer with the reach of Tony releases anything I recommend taking it seriously as huge demand is almost guaranteed. This has been proven by Alex Becker with his own NFT project Neo Tokyo causing utter chaos yet again with new vault box drops. They were FREE to mint and immediately had a floor price of 2 ETH.
It is certainly the case that to get involved in these projects requires a lot of hoop-jumping, but it has proven to be well worth the effort!