08/05/2024 DMarket opens week as top NFT in daily sales

Zynga's free Sugartown Oras NFTs spotlight the power of mystery in the digital asset realm as prices surge on speculation.

Image: AI generated via Midjourney

DMarket emerged as the top-ranking non-fungible token (NFT) collection on Monday, with a daily sales volume of US$842,038, which represents a 1% uptick from the day prior.

The collection had a total of 36,900 transactions, involving 4,304 unique buyers and 3,555 sellers.

DMarket is a Mythos-based collection that represents in-game items for popular games like Counter-Strike 2 and Dota 2, both of which feature in top esports competitions. The International 2021, a Dota 2 tournament held in Bucharest, Romania, had a prize pool of US$40 million, the largest in esports history.

DMarket’s market-leading daily sales on Monday pushed its historic sales volume to US$422 million, now the 16th all time.

The second position for the day was claimed by Solana’s Monkey Business, with daily sales reaching US$802,328. This collection saw a total of 148 transactions, engaging 74 unique buyers and 77 sellers.

Pudgy Penguins secured the third spot with a daily sales volume of US$703,920, a big leap from the previous day’s US$143,138. The day’s top Ethereum collection achieved this with just 19 transactions.

Other notable collections include Bitcoin’s NodeMonkes and Solana’s Mad Lads. NodeMonkes recorded a daily sales volume of US$672,683 with 33 transactions, while Mad Lads followed with US$570,755 from 41 transactions.

Last Thursday, NodeMonkes led the NFT market to flip SATS (a BRC-20 bundle) to claim the all-time leading spot among Bitcoin-based collections.

DeGods experienced a decrease from the previous day’s sales of over US$1.1 million and generated US$564,417 in sales on Monday, dropping out of the top five.

Mutant Ape Yacht Club, on the other hand, saw an increase to US$355,212.56 in daily sales for sixth.

Bored Ape Yacht Club, the parent project of Mutant Ape Yacht Club, trailed its spinoff collection closely with US$350,481.46.

BAYC is the world’s second-largest NFT collection by historic sales volume with US$3.14 billion.

Arts

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"Who is Satoshi Nakamoto?" is dedicated to the mysterious creation of Bitcoin, and acts as the showcase artwork within Javier Arrés’ exploratory series "Bitcoin, The Origin". "Who is the creator of Bitcoin?" The artist, Arrés, explores this question, and the feelings of doubt and mystery that accompany it, through his unique artistic language. An unknown, an enigma. It should be remembered that the name Satoshi Nakamoto is a pseudonym of Bitcoin's author or authors and gives us little insight into its true creator. For this Visual Toy, Arrés uses the signature claw machine, his famous half-operation, to symbolize our collective ignorance and unconfirmed belief: As soon as it has the stuffed animal within its grasp and appears to have solved the puzzle, the animal escapes again, and again. At present, there are three more public and studied possibilities who are either believed to be the creators of the currency or who directly claim the creation of it. It may be all or none of them, yet these three personalities leave us clues which are an important part of this interesting enigma. For this moment, it will remain unknown... In this artwork, Arrés elevates the claw machine from the apparatus, to an iconic pop art object serving as an important element to the Bitcoin creation narrative. Action is everywhere, with each movement serving an iconographical or metaphorical purpose related directly to cryptocurrency: Various ups and downs, roller coasters, mining points, robot, coins and more speak to a sense of hope, risk, mystery, randomness and possibility of pay out. Hundreds of manically thought out details make this creation one of the artist’s most complex Visual Toys to date. ------- "Bitcoin, The Origin" is a set of two Visual Toys, titled "Who is Satoshi Nakamoto" and "It’s Alive!" which reflect and explore the mystery and enigmas behind the creation of Bitcoin. Arrés presents these proposals to us in his signature style, full of iconography, fantasy, maniacal animations and a panoply of details (both subtle and overt) which simultaneously fascinate, hypnotize, and narrate this historical milestone through the singular vision of the artist. Through this series, Arrés freezes a crucial moment of cryptocurrency history, taking a still photo under his vision and turning it into two unique crypto artworks. ---- More info about Javier Arrés: https://javierarres.com/about.html