06/12/2023 Bitcoin (BTC) and Ethereum (ETH) Rally Boosts NFT Market Surge

NFTs surge as Bitcoin and Ethereum rise, with Ethereum's Pudgy Penguins up 70% and Solana's Mad Lads jumping 56%.

NFT Market

The recent upswing in the values of Bitcoin and Ethereum has led to a significant boost in various NFT markets. Notably, collections on Ethereum and Solana are experiencing a surge in value and interest. Pudgy Penguins, an Ethereum-based collection, has seen a 77%increasein its USD floor price over the past week, while trading volume has escalated by 397%. This surge indicates a strong recovery and growing investor confidence in NFTs linked to these blockchain networks.

Significant Rises in Major NFT Collections

Other Ethereum NFT collections are also riding the wave of this revival. Azuki’s floor price has risen by 25%, and stalwarts like Bored Ape Yacht Club and CryptoPunks have seen increases of 30% and 15%, respectively. Even the controversial Milady Maker collection has enjoyed an over 70% increase in floor price. Thesetrendsunderscore a broader market revival, transcending beyond individual projects and signaling a possible end to the prolonged NFT winter.

Solana Collections Joining the Upswing

Thepositive trendisn’t confined to Ethereum alone. Solana’s NFT collections are also witnessing considerable growth. Mad Lads, a prominent Solana project, has seen its floor price jump by 52.6%, now valued at an impressive $10,219. This growth is not solely attributed to the recent Solana rally but also the unique benefits offered to the holders, such as connections to the Backpack app and an upcoming crypto exchange.

Other Solana collections like Claynosaurz and Chads have also recorded significant gains in floor price and trading volume. Significantly, the recent developments in the NFT market, buoyed by the uptick in major cryptocurrencies like Bitcoin and Ethereum, point towards a rejuvenated interest and confidence in digital collectibles.

Arts

https://coingape.com/bitcoin-btc-and-ethereum-eth-rally-boosts-nft-market-surge/amp/

Interesting NFTs
Not Forgotten, But Gone
Not Forgotten, But Gone by WhIsBe
The Scion
A young figure caught in a moment of distraction, aware only ephemerally of his unconscious being, as it engages in psychological and psychedelic layer spaces. His right arm casually cradles a moray eel; the figure is comfortable but not truly aware of the potentials for danger in such negligence. His shirt reads “Bello” in Pokemon style font, harkening back to a childhood straddling the millennial threshold. To his right side, out of the unconscious deep, shrouded alien heads propagate as a fractal totem, each new iteration a more sophisticated rendering of emotional masking over the cold mystery of the greys. As the scion of the Budgie-Sattva, the young man, in his distraction, is also simultaneously aware of higher levels of self discovery. To his left a psychological topology sets beneath the oracle side of an 8 ball ,hovering; its message a purest concept of acceptance. The “Scion” lettering is in 80’s HeMan style bold declaration. The lower right side of the painting is like a hybrid of melon, feathers, and seeds. The crystals in the background bring light; conducted, refracted, reflected, and dispersed, to balance the dark shadow of the figure’s physical body. The aura of the scion succeeds in layers to point, with a finger, and the crown chakra, toward a center of a mandala existing as nigh pure application of strokes, in essence painterly abstraction, but also revealing hints of the Aura of migraine, and the bi-hemispherical nature of the brain–noting concerns of the possibility of inherited mental disease. Yet the flourish of chakra as it sets against that center is robust, active, coherent, and reveling against all fear. Fundamentally, the piece speaks to the activation of one’s potential to begin to “Know Thyself”, and find greater awareness out of the enigmas of the mind–as an inculcated seed given to the rich soil of one’s own birthright.
No Future #9/15
None
Tactical Cats
Tactical Cats Practical cats, dramatical cats.. Experience the lighthearted inner smile when you are purrfectly purrrple. The cat's meow of pick-me-up paints with swirling tails of joy as vivid as the swirling magentas, blues and purple. I was able to with this work quietly paint a tribute to memories of meeting fans and revisiting "old friends" within the paint itself. All while pretending to paint a version of catwoman for the audience. More on that in bonus material. This is an alternate animation made specifically for crypto art collectors. This NFT depicts the rare, unused in media: verified image. Mixed Media: Bio/Digital. Glycerin on 5'9" human skin 10-14 hours Performance art. Shot on Canon EOS RP. 16 + hours Photoshop and DaVinci Resolve. All Works are SFW. Art has been Seen on the front page of Reddit, Featured in the New York Times, Galileo.tv, and multiple other promotions including Twitch.tv, Disney Interactive, RIOT games, WB games, AMD and more! More on how this art is unique and potentially explosive in the NFT world: https://youtu.be/CXbNF2Y6srs ------------------------- The purchase of this NFT Grants the buyer unique bonus material. Physical mail Bonus Package: A Physical Art Print. Autographed from the Artist in 12x16. Please allow a few weeks for Delivery. Digital Bonus Package: This image in .mp4. An "About the Art" Video and an "From the Artist" introduction. A README.txt about the artwork with some personal notes and Links relevant to the artwork.
Sigilmaker
A character from The Beacon