Daily Market Update 2/12

In Today’s Market Update, We Cover Upcoming Token Unlocks, MetaStreet Transitions to ERC404, Animoca x HashPalette, DFZ Labs' Bits Ordinals, and More.

Author

Jake
February 12, 2024

Your #1 NFT, Crypto, and FinTech News Aggregator. Curated daily by our in-house team of analysts. Listen to our podcast on Spotify or Apple Music.

Top Stories

Upcoming token unlocks: $96M SAND $21.8M APE, $363.5M AVAX, $82.9M OP

Animoca Brands partners with HashPalette to promote THE LAND and integrate Animoca’s ecosystem

MetaStreet to launch its governance token $MSTR as an ERC404

DFZ Labs (Deadfellaz) Bits Ordinals is “its own flagship Bitcoin IP” for a “supercharged game dev. incubator”

SZN2 Updates

📣 Announcements:

  • SZN3 is LIVE! Buy, Bid, List, Accept Offers on the Mintify Marketplace!

  • FUTR Multiplier! Our PFP FUTR now grants a multiplier on XP earned!

  • Curated Collections! Trade from these for maximum XP rates!

  • Find everything you need to know in our Mirror Article!

⏳️ What’s Up Next:

  • LootBoxes, Full & In-App Notifications, Wallet Tracking, Drag & Drop Modules, Sharing Custom Layouts, Creator Leaderboard, & More

NFT Market Recap

💰️ Notable Sales:
🎉 Notable Mints (EST):
⬆️ Top by Volume:
⬆️ Top by Sales:
🪅 Biggest Winners:
⛓️ NFT Vol. by Blockchain (7D):

  • ETH: $160.3M (102% ▲)

  • BTC: $47.8M (24% ▽)

  • SOL: $51.6M (1% ▲)

  • MATIC: $8.2M (8% ▽)

  • IMX: $6.6M (13% ▲)

🪙 Top Tokens:

  • BTC: $ 47,946 (0.8% ▽)

  • ETH: $ 2,494 (1.7% ▽)

  • BNB: $ 317.71 (1.7% ▽)

  • SOL: $ 104.46 (5.1% ▽)

  • XRP: $ 0.519 (2.8% ▽)

📊 Market Stats:

  • Global Crypto Market Cap: $ 1.80T

  • BTC Dominance: 53.95%

  • BTC OI: $12.1B

  • Fear & Greed: 70

💹 Indices (Futures):

  • DOW: $38,720 (0.1% ▽)

  • S&P500: $5,043 (0%)

  • NASDAQ: $18,042 (0%)

  • FTSE100: $9,545 (0.4% ▽)

  • HSI: $2,007 (1.1% ▽)

Other News

  • PYTH stakers to get 1M $AMBER points airdrop from Nabla Finance

  • Bitcoin ETF inflows could push spot price toward $112k, CryptoQuant report

  • Ethereum validator entry queue jumps to its highest since Oct. 6, per ValidatorQueue

  • Cygaar and others to open-source optimized ERC404 contract code soon (DN404)

  • US DOJ arrests engineer for allegedly stealing trade secret tech for detecting nuclear missiles and tracking ballistic, hypersonic missiles

  • NY AG expands case against DCG to $3B in investor losses tied to Earn product and Genesis investments

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