As Bitcoin soars past the $50,000 mark, we’re seeing a resurgence in the crypto and NFT spaces. Blue Chip projects are gaining momentum, ordinals are creating buzz, and gaming mints are on the rise. It’s an exciting time in the market because there is another Meta introduced, It’s called ERC-404.
Pudgies vs. Apes: The Battle for Supremacy
Pudgy Penguins are close to overtaking Bored Apes, with their value just a few ETH shy of flipping.
The Pudgy team’s focus on rewarding holders with airdrops and potential future benefits contrasts with the Ape team’s emphasis on royalties.
This strategy has positively impacted the Pudgy community, while Apes face a tougher sentiment given their lower market position.
Pixelmon: Rewarding the Community
Pixelmon has announced tokenomics (MON Protocol – $MON) that favor holders, including a generous 30% token supply for the community.
Let’s see their commitment to rewarding supporters. They’re offering pre-sale opportunities and planning exciting game developments, underlining their focus on community value.
Pandora – ERC-404 – A New Meta
The DeFi space is ever changing, and narratives emerge like no other. ERC-404 is the new meta for 2024. The ERC-404 model aims to create tokens that can be both fungible and non-fungible, this means we can see the possibilities to split or merge these tokens into smaller or larger units.
Spotting the Next 100x Memecoin
The very first project to build using this standard is Pandora – @Pandora_ERC404 saw a massive pump of over 50X+ since launch and a trading volume of over $80m within a couple of days.
Doodles and Their Spectacular Return
Doodles have made a remarkable comeback, with their value crossing the 3 ETH mark and nearing 4 ETH before a slight correction. This resurgence is thanks to the team’s focus on art and animation, reminiscent of successful strategies by Pudgy Penguins and others.
A partnership with G-Shock and endorsements from notable figures like Zagabor have further fueled the hype, alongside rumors of a potential token airdrop.
Exciting Upcoming Projects and Mints
CounterFire
This mobile game combines MOBA and Battle Royale elements, offering a unique gaming experience. With a limited supply of 500 NFTs, it’s a project with high potential.
Saku Monsters
A simple yet engaging app where you care for an egg, akin to a Tamagotchi. It hints at future expansions and potentially rewarding active participants.
Kartparty
Ahead of its second mint, this project has seen its value increase significantly. With a focus on gaming utilities and rewards, it’s one to watch.
Persona
Gaining attention for its exceptional art, this project stands out in the crowded anime PFP space. Its unique aesthetic and promising utilities have the community excited.
Ordinals and the Hype Around Orange Eyes
The ordinals space is heating up with the introduction of orange eye OMS.
Despite missing out on early deals, the excitement around these collectibles is palpable, with expectations of high demand and significant attention from collectors and investors alike.
Final Thoughts
The crypto and NFT landscape is continuously evolving, with projects old and new vying for attention. Whether it’s the resurgence of beloved NFTs like Doodles, the competitive dynamics between Pudgies and Apes, or the promising prospects of new entrants like CounterFire and Pixelmon, there’s never a dull moment.
Keep an eye on these developments, and remember, engaging with the community and supporting projects you believe in can make a big difference in this space.
Note: This is not financial advice, Always do your own research (DYOR). The crypto market can be highly volatile and unpredictable, so always invest wisely.