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Discord-1Minute Alpha-harry.eth 197 days, 5 hours ago

__NFT Market Analysis: OCT 5__




Market Sentiment: 14 Cool
Total MarketCap: 2.69M (-1.61%)
24H Vol: 3.97K(+11.86%)
OSVol: 1,113 ETH (▼ 28.56%)
BlurVol: 1,498 ETH (▼ 43.54%)

🐧 Pudgy Penguins: 5.25 ETH (▲ 8.70%)
🏳️‍🌈 Chromie Squiggles: 9.75 ETH (▲ 5.98%)
🌈 Doodles: 1.29 ETH (▲ 2.94%)
⛰️ Otherdeeds: 0.55 ETH (▲ 1.67%)
⛩️ Azuki: 4.25 ETH (▲ 1.56%)
🦉 Moonbirds: 1.21 ETH (▼ 1.46%)
👩🏻 Milady Maker: 1.97 ETH (▼ 4.21%)

In the world of NFTs, it has been a relatively quiet day for PFP projects, with minimal price movements and low trading volumes. Pudgy Penguins, however, have made a strong comeback, surging by 10% to reach a FP of 5.3 ETH.

Matt Kane's RarePass NFT drop has caused a stir in the NFT community, with some interpreting it as commentary on SuperRare and the current NFT market. It led to a discussion in a recent SuperRare space, offering diverse perspectives on the market and SuperRare's role. Despite being labeled low-effort AI-generated art, the collection is trading around 3 ETH, emphasizing the value of art that ignites conversations.

Kane's AI-generated collection marked "Act I" with some traits labeled "Effort Low," hinting at further developments. Speculation swirls about a Halloween burn to evolve the piece, indicated by a candy symbol in the unchangeable smart contract. Despite controversy, Matt Kane's work has left an undeniable impact in the NFT art scene, stirring emotions and meaningful dialogue among collectors and enthusiasts.

<https://nftgo.io/analytics/market-overview>
<https://pro.opensea.io/>

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