Web3 Weekly Review: US president candidate Robert F.Kennedy Jr invested $24,000 in GameStop...
NFT Weekly News #48 20th May- 26th May
NFT News Weekly Update #48
(20/05/2024-26/05/2024)
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!
(Please don't forget to subscribe below and follow Threekeyslab on Twitter for more! )
Top News 🔝
📌MEME|US president candidate Robert F.Kennedy Jr invested $24,000 in GameStop (May 22)
Quote from his Twitter: To match action with words, I just invested $24,000 in GameStop from the fees I earned from suing Monsanto for their knowingly poisoning our soil and causing cancer. I love the idea of making Monsanto support $GME and the Apes. We need a free and fair market. Let’s punish predatory short selling to the moon. By the way, I ride with you and I’m not leaving.
📌NFT| Yuga Labs will 'no longer touch' CryptoPunks amid new collection backlash （May 21）
Yuga Labs announced a new NFT collection called Super. “Super Punk World” is a 500-piece collection developed in collaboration with artist Nina Chanel Abney, offering hybridized 3D designs. Super was criticized for "diluting" the OG CryptoPunks brand. Greg Solano, Yuga Labs CEO, stated that the company would no longer work on the CryptoPunks project due to the negative response.
Market Update 📣
Last week, the primary NFT PFP projects that saw significant sales included 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, Winds of Yawanawa and Fidenza stood out as the main NFT Art projects sold last week. Winds of Yawanawa and Fidenza 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 👀
L1| @solana surpasses all other chains combined, including Bitcoin and Ethereum, in weekly NFT blockchain user adoption (May 20)
- Dominance: 55% - Weekly Users: 130K
MEME| TREMP & TRUMP rally after Trump accepts crypto (May 22)
Today the Trump Presidential Campaign announced that it is now accepting crypto donations.
$TREMP +7% to $135M
$TRUMP +6% to $386M
$BODEN on the other hand fell 15% to $220M
MEME| ETHEREUM MEMECOIN $PEPE (@pepecoineth) BECOMES A TOP 20 COIN BY MARKET CAP (May 23)
DePIN|AIOZ featured on Nvidia website (May 23)
Developers hunting for the best applications and tooling when exploring the Nvidia website can now discover the power of AIOZ Network solutions such as W3S, W3IPFS and soon W3AI.
MEME| Coinbase futures to list BONK, SHIB, FLOKI (May 24)
Coinbase were adding support for $FLOKI, $BONK, & $SHIB perpetual futures on Coinbase Advanced. The opening of 1000FLOKI-PERP, 1000BONK-PERP, & 1000SHIB-PERP markets will begin on or after 9:30am UTC 30 MAY.
MEME| Kabosu, Dog Who Inspired Dogecoin and Shiba Inu, Is No More (May 24)
Popular dog Kabosu, the face of dogecoin and several other meme tokens, died early Friday, her owner wrote in a blog post. She was over 17 years old. “We will be holding a farewell party for Kabo-chan on Sunday, May 26th . It will be held at Flower Kaori in Kotsu no Mori, Narita City, from 1pm to 4pm,” the blog reads.
ART| Damien Hirst Faces Allegations of Backdating Thousands of Paintings (May 26)
British artist Damien Hirst faces allegations of backdating thousands of paintings in his NFT art project, ‘The Currency’. A recent investigation suggests that at least 1,000 of the 10,000 dot paintings were produced years later than the claimed date of 2016.
NFT| Cristiano Ronaldo Announces 4th NFT Drop on Binance (May 26)
Renowned football star Cristiano Ronaldo recently announced the release his fourth collection on Binance’s NFT Marketplace on May 29 at 08:00 UTC, featuring digital art and memorabilia celebrating Ronaldo’s career highlights, including iconic goals and significant moments.
Weekly NFT Marketplace Trading Volume Across Major Blockchains 📣
Over the past week, the NFT marketplaces reached a total volume of $187.9 million in total, in which ETHEREUM leads the NFT marketplace with a 67% market share. SOLANA and BITCOIN are both at a 12% market.
