Web3 Weekly Review: Over 136,000 new tokens have been created on @solana in the last 7 days...
NFT Weekly News #47 13th May- 19th May
NFT News Weekly Update #47
(13/05/2024-19/05/2024)
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 🔝
📌NFT｜The Blast NFT market experiences a meltdown (May 14)
With significant price fluctuations, this meltdown has been highlighted by the community's reactions and strategic moves by trader.
📌Meme｜Over 136,000 new tokens have been created on @solana in the last 7 days (May 16)
📌Meme|Pump.fun got hacked by its Ex-employee (May 17)
Solana-based http://Pump.fun had been hacked. Ex-employee exploits flash loans to steal $1.9M. Platform promises SOL liquidity to affected users and 0% trading fees for 7 days.
Market Update 📣
Last week, the primary NFT PFP projects that saw significant sales included BAYC, Azuki, Punk and DeGods. These collections are famous for their charming characters and distinctive designs, which make them very popular in NFT market.
Chromie Squiggle, Meridian, Ringer and Gazer stood out as the main NFT Art projects sold last week. Meridian and Gazer have experienced in the past week either an increase in transaction frequency, or significant trading prices, reclaiming public attention through their distinct aesthetic senses and creative ingenuity.
Other News 👀
NFT| Pudgy Penguin toys now available in Gamestop (May 14)
Meme| NFT Marketplaces, Airbnb and Nike Now Accepts $SHIB (May 14)
Popular meme coin Shiba Inu ($SHIB) has expanded its use as a payment method, now being accepted by major brands including Airbnb and Nike, as well as various NFT marketplaces following its integration with Polygon and Binance Smart Chain (BSC) in partnership with CoinGate.
NFT| Wormhole creates Blast bridge （May 16）
@Blast_L2 is now supported on the Wormhole platform, connecting it to 30+ chains and enabling developers to build natively multichain.
Meme| Telegram founder ‘won’t sell NOT until 100x’ (May 18)
Notcoin users were feeling generous ahead of Thursday’s NOT token launch, as over half a million players of the viral Telegram-based clicker game donated a share of their in-game coins to Telegram founder Pavel Durov. Now that haul is worth millions of dollars—and Durov says he’s holding for a potential 100x gain.
Weekly NFT Marketplace Trading Volume Across Major Blockchains 📣
Over the past week, the NFT marketplaces reached a total volume of $179.4 million in total, in which ETHEREUM leads the NFT marketplace with a 64% market share. SOLANA surpassed BITCOIN at a 15% market share.