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Bitcoin bears are trembling...

World of Women Galaxy, Bitcoin goes parabolic, NFT data and why it's important!

GM, I hope everyone had a great weekend!

Tax season is approaching HERE, make sure get everything filed ASAP if you haven't already! You'd expect that someone who has the will power to write a daily newsletter would have their taxes in on time right? We'll leave it at that.

Crazy good newsletter with some amazing crypto news, check it out below. As always, enjoy!

In today's newsletter:

  • World of Women Galaxy is here!

  • BITCOIN AHHHHHH!

  • NFT Mnemonic opens up it's API

Top Open Sea Projects:

WoW continues to impress:

World of Women - Twitter

World of Women Galaxy hits number one among Open Sea's top NFT projects within the past seven days!

For those unaware, World of Women is a blue-chip NFT project focused on inspiring women to get involved in the extraordinary world of web3! The collection currently boasts a 10.1 ETH floor with a total traded volume of 62.8K ETH. You know it's the real deal when it's hard to write or say it all in the same sentence!

In an attempt to expand their brand in a non-dilutive way, WoW launched WoW Galaxy. According to their official Open Sea listing, WoW Galaxy is derived from the original ten thousand non-fungible characters. Except for this time around, they traveled through a portal, spitting them into the "galaxy." In doing so, the character's appearances became altered, with the total number of NFTs increasing to 22,222.

WoW Galaxy utility includes:

  • Access to the WoW Gala

  • IP rights

  • Governance in their DAO (DAWOW)

  • Unique benefits for holders of WoW and WoWG

  • WoW in the metaverse

  • Two other unnamed utilities.

With a current floor price of 1.54 ETH, this new collection provides many an opportunity to be a part of the WoW community without setting aside 10 ETH to do so. Will you be getting a WoW Galaxy?

If you're looking to learn more about WoW checkout their website and Twitter!

Bitcoin just exceeded our expectations:

BITCOIN DAILY CANDLES - WEBULL

Oh, how the crypto gods have blessed us.

Yesterday, Bitcoin had a massive breakout, launching and closing above its $45,000 resistance level. As I mentioned in the previous newsletter, this is a HUGE indication of future upside.

While momentum is bullish at the time of writing this, we may see a retracement down to the currency's previous resistance level. Nevertheless, if we continue to hold above $45,000, we're golden!

Aside from this, other notable cryptocurrencies are also banking on the BTC breakout.

Ethereum continues to rally despite the multitude of green candles on its tail. Whether or not we see some bearish momentum in the near future, the currency will still have broken and closed above the previous $3,250 resistance candle.

Solana just broke $100 and is holding above nicely. I don't want to flex, but a previous newsletter's technical analysis perfectly predicted the $80 bottom on the Solana. I'm on fire!!!

Crypto is looking fantastic right now, and I'm more bullish than ever (not financial advice)!

What Open Sea lacks, Mnemonic excels:

Mnemonic

A few days ago, NFT data software Mnemonic released foundational API, allowing users to take full advantage of what the software offers. 

Mnemonic is a data software that enables web3 developers to "Easily build, ship, and scale powerful NFT applications." 

Some of the platform's main advantages include: 

  • Real-time NFT collection charting

  • Holder/Wallet analyzation

  • Upcoming NFT alpha via data

While these elements may not sound that intriguing to the average NFT collector, the problem this software intends to solve is a problem that several prominent NFT teams face. 

NFT collections at scale are complex yet simple at the same time. Let me explain. 

NFTs are challenging at scale due to:

  • Number of transactions

  • Use of an alternate currency

  • Decentralization

Despite this, NFTs are simple due to:

  • Blockchain technology

Mnemonic intends to bridge this gap between these two categories with its intuitive, easy-to-use software. Think of Mnemonic as the CRM of NFTs. Name a successful company that doesn't use a CRM. Case and point!

If you're looking to learn more about their software, check it out here!

Tweet of the Day: 

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!