Disclosure: Members of our team may own NFTs or tokens related to the projects mentioned here and may participate in the upcoming mints. This statement is intended to disclose any conflict of interest and should not be misconstrued as a recommendation to purchase any token or participate in any mint. This content is for informational purposes only and you should not make decisions based solely on it. This is not investment advice. Please exercise extreme caution if you intend to participate in these opportunities.
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State of the Market
This marks the 3rd week in a row of increasing NFT transaction volume, with OpenSea’s weekly volume breaking above the $1B mark again. Could this mark the beginning of a new bull cycle for NFTs? Some indicators seem to suggest so:
1) weekly transaction volumes appear to have bottomed out.
2) macro sentiment around crypto seems to be improving.
3) Azuki’s rise as a trigger point for a new wave of interest (see later section).
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