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750 ETH NFT Acquisition...

Azuki alpha, the slow and steady rise of crypto, and the resurrection of Pudgy Penguins.

Author

Hunter Maier
April 04, 2022

GM, let's take on the week!

Hey everyone, I hope you had an awesome weekend. I took the weekend to recharge for my upcoming week:

Energy - ✅

Sleep - ✅

Motivation to do anything - ❌

Just kidding, here's to another awesome week of living life!

In today's newsletter:

🏮  Azuki is MOONING, why?

📈  The market is doing it thing...

 🐧 Pudgy Penguin Acquisition

Top Open Sea Projects:

Azuki has officially gone parabolic:

BEANZ Official - Open Sea

Two weeks ago, Azuki's floor price steadily consolidated around 12-14 Ethereum. Today, the floor price has doubled simply due to these little guys.

March 30th marked Azuki's first official in-person meetup labeled as the "Azuki Garden Party." The event boasted a notable announcement, merch, and live guest performance. Upon arriving, holders were welcomed with an open bar and a private concert by nonother than Wiz Khalifia. The same night, Azuki holders were airdropped NFTs labeled "something official."

The NFT started as a crate with a parachute symbolizing an airdrop. On April first, after a metadata refresh, the box had officially landed. The same day, the box opened to be seemed to have been dirt. Many believed it was an April Fools prank.

A day later, Azuki's Twitter announced "BEANZ." 

Little to nothing has been mentioned on what "BEANZ" are or what they do. Nevertheless, they're currently sitting at a floor price of 5.38 ETH. 

We'll update you as soon as new news is released!

ETH is moving up slowly and steadily:

It's been a hefty past few days/weeks for the web3 bulls.

A quick recap of what we've had (all covered in previous newsletters):

  • A crypto-wide break through of significant resistance levels

  • A successful crypto-wide break and retest

  • A NFT-wide pump.

As seen by the chart above, Ethereum has continued to rise. While momentum seems to have slowed down, it's in no way a bearish indication.

Keep on keeping on crypto!

Pudgy Penguins gets ACQUIRED:

Over the past week, Pudgy Penguin's floor price has tripled on news of the previous owner stepping away.

Pudgy Penguins launched in June of 2021, at the forefront of the NFT run-up. Since then, the project has solidified itself as one of the ogs within the space. Despite this, the project has undergone some bumps along the way.

In December of 2021, controversy surfaced regarding one of the project's co-founders, @ColeThereum. Sources had gone on to say that he underpaid discord mods, revealed shady practices, and even bribed his team to stay quiet.

Amid the leaked news, the lack of utility, and the unengaged community, the project's floor price deteriorated over time.

Later in the year, rumors of an acquisition came to fruition. The floor spiked, yet nothing ever came of it.

That was until a buyer named @LucaNetz acquired the project for 750 ETH. With the new acquisition, Netz plans to revamp the project with a new team and roadmap, as per mentioned in a recent tweet on Pudgy Penguin's official Twitter:

Pudgy Penguins is currently trading at a floor price of 2.886 ETH. 

Tweet of the Day: 

No, picking this tweet isn't biased... hehe

What did you think?

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DISCLAIMER

Nothing mentioned in this newsletter is financial advice, we are NOT financial advisors. NFToday was created with the intent to entertain those who choose to read and be a part of the community!