Web3 Weekly Review: Magic Eden Wallet already supports Runes ...
NFT Weekly News #43 16th April- 23th April
NFT News Weekly Update #43
(16/04/2024-23/04/2024)
GM
Welcome to NFT Weekly News by Threekeyslab🗝️🗝️🗝️. Here you can find the latest curated news📰in the NFT world. Every week, we aim to provide a selection of the most interesting news and events that are fostering the development of the NFT world.
The NFT field is constantly evolving, and this article will review last week's Top🔝NFT news. Let's take a look👀together!
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Top News 🔝
📌Magic Eden Wallet already supports Runes (April 21)
On April 21, the NFT market Magic Eden posted on the X platform that Runes are now online on Magic Eden Wallet, and users can cast, view and track runes.
📌NFT|$LAVE (2019) by XCOPY was collected by batsoupyum for 315 ETH on SuperRare’s secondary market. (April 19)
$LAVE, posted on Tumblr in 2016, predates the rise of CryptoArt and NFTs. Learn more about the backstory of $LAVE here.
📌NFT|Bitcoin Generates Record $78.3 Million in Fees Following Launch of Runes (April 22)
According to U.Today, Bitcoin generated a record $78.3 million in fees on April 20, significantly outpacing Ethereum's $3.2 million.
Market Update 📣
Last week, the primary NFT PFP projects that saw significant sales included BAYC ，Pudgy Penguin，Punk. These projects are renowned for their adorable characters and unique designs, making them highly sought after in the digital art market.
Chromie Squiggle，Fidenza and Gazer stood out as the main NFT Art projects sold last week. These artworks are celebrated for their distinctive visual styles and the creativity of the artists involved, showcasing the diversity and innovation present in the digital art realm.
To find out more about the notable NFT sales for the week, please click on the link below.
Other News 👀
NFT|Exclusive Interview: Faraway Acquires Yuga Labs’ HV-MTL & Legends of the Mara Brands (April 17)
Yuga Labs announced that Faraway, the gamebuilders who are helping Yuga build Dookey Dash Unclogged, are acquiring the Legends Of The Mara and HV-MTL brands.
NFT|Indonesian Selfie Guy Nets $1.8M in Memecoin and NFT Hybrid Presale (April 16)
Sultan Gustov Al Ghozali, a 24-year-old Indonesian who made $1 million from an NFT collection in 2022, recently launched a sequel of his NFT project. The second initiative is themed around a memecoin presale fused with non-fungible capabilities.
NFT|GM Network: The CyberV series of NFTs will be released on April 24, and other series of NFTs will be released in the future. (April 14)
On April 17, GM Network officially posted on social media that its CyberV series of NFTs will be released on April 24. The project will release more NFTs at product launch, but CyberV will be the rarest series.
Weekly NFT Marketplace Volume 📣
Over the past week, the NFT marketplaces reached a total volume of $243.6 million, with Bitcoin leads the NFT marketplace with a 54% market share over the past week. Ethereum,Solana,Polygon follow, with Ethereum at a 31% market share.