Web3 Weekly Review: Runestone Airdrop Begins, Sparks Trading Frenzy on Magic Eden...
NFT Weekly News #39 19th Feb- 25th Feb
NFT News Weekly Update #39
(19/02/2024-25/02/2024)
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 |Runestone Airdrop Begins, Sparks Trading Frenzy on Magic Eden (Mar 15)
Many Bitcoin inscription holders are getting a significant wallet boost owing to the long-awaited Runestone airdrop finally arriving — and it’s sparking a surge in secondary sales on Magic Eden BTC.Following its significant airdrop on March 14 — distributing 112,383 tokens to Bitcoin storage accounts in two days as freebies — Runestone has rapidly become the largest project ever to join the Bitcoin Ordinals ecosystem.
📌Web3|Memecoin Presales Are Taking Over Web3 — And Raising Millions in Minutes (Mar 18)
memecoin mania hit a fever pitch this weekend as a familiar meta swept the space.
After artist Darkfarms‘ Book of Meme ($BOME) token reached a $1.46 billion market cap in just two days following its March 14 presale, a number of artists and projects aimed to follow in its footsteps by launching their own Solana memecoin presales and quickly raising millions.
📌AI|OpenAI semiconductor chip plans entice UAE investors: Report (Mar 15)
A potential UAE investment in OpenAI’s plans to create in-house semiconductor chips is on the horizon, indicating a growing interest in AI ventures from investors in the region.
Market Update 📣
Last week, the primary NFT PFP projects that saw significant sales included BAYC ，Mad Lads，Pudgy Penguin . These projects are renowned for their adorable characters and unique designs, making them highly sought after in the digital art market.
Meridian ，Chromie Squiggleand，Strands of Solitude 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 👀
Web3|Darkfarms Ignites Trend in Solana Memecoin Millionaires (Mar 18)
Driven by Darkfarms’ remarkable success, the Solana blockchain has recently experienced a tremendous surge in memecoin presales. The evolution of memecoin projects emerged after Darkfarms’ $BOME remarkably hit a market value of $1.46 billion within 48 hours of its March 14 presale debut.
Web2|US manufacturing firms are flocking to the metaverse — WEF (Mar 16)
A rising number of manufacturing firms in the United States are shifting their focus to the industrial metaverse to tackle complex challenges across the production cycle, according to the World Economic Forum (WEF).
Web3|XCOPY has dropped an open edition mint on Base (Mar 18)
It's called "MUTATIO" and costs 0.00069 ETH to mint (~$2.30). It's live for the next 23.5 hoursXCOPY minted an open edition on Base for $4.95 and has already generated more than $560k of primary sales.
Weekly NFT Marketplace Volume 📣
Over the past 7 days, the NFT marketplace saw a total trading volume of $488.13M, dominated by Eth with a 41.95% market share ($210.01M), followed by Bitcoin at 36.82% ($184.36M). Other include Sol with 19.92% ($99.74M), Polygon at 0.9% ($4.5M), and Binance at 0.26% ($4.5M).