SOL NFT Traders moving to ADA, Christie's 3.0

🤯 SOL NFT Traders moving to ADA, Christie's 3.0

What The Heck Is Going On?

  • Solana NFT Traders move to ADA 🏃‍♂️

  • Christie's NFT Marketplace 🎨

  • Celebrity NFTs 🤳

SOL NFT Traders moving to ADA 🏃‍♂️🏃‍♂️🏃‍♂️

Cardano price has an influx of speculative investment with NFT trading, prompting Solana users to swap SOL for ADA. 💸

Solana users are reporting on social media that they jumped ship from Solana to ADA in hopes of better returns. 

Christie's 3.0 NFT Marketplace 🎨

This news came out in Sept, but I wanted to remind those reading in Oct to keep an eye on this. 

After several successful high-ticket NFT auctions, Christie’s announced the launch of Christie’s 3.0.

The market is speaking to them...

Manifold, Chainalysis, and Spatial collaboratively built Christie’s new on-chain marketplace.

Curated marketplaces are the next wave... there can only be so many OpenSea lookalikes.

And this is an example of one. Sure, their items are priced high, but that's their market. 

They are Christie's after all. 

Celebrity Buys & Today's ETH Value 🤳

  • GaryVee purchased CryptoPunk #2140 for 1,600 ETH – which was $3,953,216 in July 2021. The price today would be $2,083,456.

  • Justin Bieber purchased Bored Ape Yacht Club (BAYC) #3001, which he bought in January 2022 for $1,301,550, or 500 ETH. It would have cost $651,080.

  • Snoop Dogg purchased XCOPY's Right Click and Save As guy NFT for 1,600 ETH, or $7,088,229 in Dec 2021. With Ethereum’s drop in value, that same amount of ETH would be worth $2,083,456.

That's all folks!

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.