Get a BAYC for .029 ETH

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- Hunter Maier

🦍 What's up with BAYC #835 and #7683?

💰 The crypto stock market's recent rally

🎮 This NFT game just raised $12 Million

• World of Women Galaxy - Floor Price: 1.5 ETH

• Goopdoods - Floor Price: .14 ETH

• RTFKT - MNLTH - Floor Price: 5.88 ETH

• Doodles - Floor Price: 13.25 ETH

Yesterday, the ape on the left (BAYC #835) sold for 115 DAI (a stable coin pegged to the US dollar), while the one on the right (BAYC #7683) for .029 ETH.

The story behind these transactions is relatively unclear. Many on Twitter have theorized that the seller of #835 may have thought that the offer was for 115 ETH. Yet, shortly after the sale, the same seller sold their MAYC to the same buyer for 25 DAI. While this could've been a massive fat-fingered mistake, it could've also very well have been the owner transferring his apes to another wallet. I tried to investigate what happened with BAYC #7683, but I could only find a recent post from the previous owner stating he recently acquired #7683 for 97 ETH.

Whether or not these transactions were done on purpose, it's still surprising to see an ape "sell" for a fraction of its actual worth.

Above is the current daily candle chart of the S&P 500. 

For those unaware, the "S&P 500 is a stock market index that tracks the stocks of 500 large-cap U.S. companies. It represents the stock market's performance by reporting the risks and returns of the biggest companies. Investors use it as the benchmark of the overall market, to which all other investments are compared." - The Balance.

You're probably wondering why you're being shown this compared to the daily crypto charts I typically analyze. While I may don't like to agree, the technical similarities between Bitcoin and the S&P 500 are uncanny. They act and move like siblings, yet one serves the centralized world, and the other doesn't. 

While we've blown past the $45,000 resistance level on Bitcoin, the S&P 500 is yet to surpass its significant demand zone of $458. While it's possible to break through this level just like Bitcoin did, the bears may step in and fight to live another day. If that's the case, we may see a drop in Bitcoin's recent bullish sediment. 

Until tomorrow!

New web3 free-to-play game raises $12 million in its seed round. "Cross the Ages" is a turn-based trading card game similar to Hearthstone and Magic: The Gathering. As these are two of my favorite real-time strategy games, it was apparent for me to do more research. 

Some notable investors include:

• Animoca Games (the team behind BAYC's new metaverse)

• Ubisoft, the publisher behind games like Assassin's Creed, Far Cry, and Just Dance

• Polygon Blockchain (the game's blockchain of choice)

• Sebastian Borget (co-founder and COO of The Sandbox)

The game takes place in a fantasy world divided into three lands, each containing unique characters and aspects that make up the game's universe. The team behind Cross of Ages intends to create a full-fledge metaverse with digital and physical items. One of the most notable being the cards used in battle serving as tradable utility-based NFTs. 

If you're interested in the project, I recommend checking out their official website.

Other notable links:

• Coindesk article

• Decrypt article

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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!