💵 A $886,969 CryptoPunk loss...

Hey everyone, and welcome to another issue of NFToday!

NFToday has been using its new logo (as seen above) for about a week and a half now.

Today, I realized that I changed it without even getting my audience's standpoint on the new logo!

In an ecosystem where collaboration dominates, I figured I'd take to vote on Twitter!

Please vote when you get the chance:

With that out of the way, on to the news!

- Hunter Maier

⚔️ Azuki founder accused of rugging!

📉 Crypto Bloodbath

💵 A $886,969 CryptoPunk loss...

👟 Day 6...

• Otherdeeds - Floor Price: 2.95 ETH

• PXN: Ghost Division - Floor Price: 3.75 ETH

• Azuki - Floor Price: 14.8 ETH

• Okay Bears - Floor Price: 128 SOL

Yesterday, Azuki's founder @zagabond went to Twitter to share his past experience with being a developer within the NFT space.

Zagabond revealed in a mirror article that he was the founder to three of the most controversial past NFT projects, which include:

• CryptoPhunks

• Tendies

• CryptoZunks

Little did Zagabond know that this publication would potentially tear his reputation to shreds.

What he hoped to be an informative article documenting his journey through the ecosystem turned out to be quite the opposite.

Many on Twitter have accused these projects of being blatant "rugs," indicating Zagabond was in it for nothing more than a stash and dash.

Despite the fud, I'm indifferent, considering little to no information aside from this article has been posted.

Lucky for us, prominent web3 influencer Andrew Wang has scheduled a space with Zagabond to further expand upon the situation he's gotten himself into.

Set a reminder here:

The original article by Zagabond can be found here!

Today was catastrophic, to say the least…

24h stats (time of writing):

• $BTC: - $2,396.62 (7.1%)

• $ETH: - $122.48 (5.0%)

• $SOL: - $6.76 (9%)

• $LUNA (Terra): - $33.59 (53.5%)

• $SPY (S&P 500, not crypto): - $13.09 (3.2%)

All major support levels have been broken without mercy, and the bears are in complete control.

With how prevalent yesterday's downside pressure was, it's hard to say when we'll begin to see any notable upside.

As seen by the image above, we may have found some support around the $30,000 level on Bitcoin. Yet, this is likely a dead cat bounce or a potential break and retest with the recent market sediment.

Pray for any asset you own...

Seven months ago, the CryptoPunk shown above sold for $1,026,499 (265 ETH at the time)...

Just two days ago, that same Punk sold for a messily $139,530 (55 ETH).

To think, within the period of seven months, CryptoPunks:

• got acquired by Yuga Labs

• is confirmed to have future utility

• has continued to rank high

Nevertheless, this is truly the work of the market's current "extreme fear" sediment.

Will you continue to HODL?

After a long day of waiting in lines, eating churros, and enjoying our favorite rides, I took to the streets of Disneyland to complete my daily STEPN walk!

Despite the recent price drop of GST, earning a whopping 8.53 GST was a fantastic end my magical day.

I used today's funds to upgrade my sneaker from level 7 to 8, which cost me a total of 8 GST!

So far, my journey has been amazing. Hopefully the recent crypto dip won't absolutely slaughter the price of GST!

Daily Stats

Rate today's newsletter:

• 👍 IT WAS INCREDIBLE!!!

• 😐 It was alright!

• 👎 Could've been better.

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!