Ragnaroks, Okay Bears, Moonbirds… oh my? Many of the projects just heading to mint show how fast this space moves. In just a few short weeks, we’ve got projects – Moonbirds being a prime example – that are being categorized with some of the NFTs GOATs. Seemingly, we’re early. Don’t worry, we didn’t forget about The Otherside NFTs – which are headed to mint tomorrow.
However, we’re closing out the week with quick-hitting stories on a new sports property entering the NFT world and a new record high for BAYC.
Nightly Mint
The Latest Mint
We’ve seen the NBA, WNBA, NFL, UFC, MLB and other major leagues across the U.S. test the waters with NFTs. One major sports property we haven’t seen dive in yet is the PGA Tour, golf’s flagship pro property.
According to today’s reports, the PGA is working on a number of NFT program that will be rewarded top-performing players with guaranteed money. Autograph, Sorare and other formal partners have already been signed by the league. More could follow. The opt-in program will reward players on their highlights on a pro-rata basis, and the league is looking to build out a program “designed to create incremental and perpetual royalties to players that requires little to no time commitment.” Digital rights ownership is on the rise.
Similar Reading: XRP Facing Rejection at Key Resistance. Here are the On-Chain Metrics| XRP Faces Rejection At Key Resistance; Here’s What On-Chain Metrics Suggest
The APE token will also be used tomorrow in 'The Otherside,' causing speculation to a great extent about possible price movements over the next few days. Source: APE-USD on TradingView.com | Source: APE-USD on TradingView.com
BAYC sets a new record floor
The floor price for a Bored Ape Yacht Club NFT has hit record-highs today, sitting north of 150 ETH – a new high in terms of both ETH and USD. This price is 5x higher than the October and November prices. The new ‘status symbol’ is showing no signs of slowing down.
The ‘Minty Fresh’ Take
If you feel the top is in your favor, buy in.
I’m buying an okay bear so y’alls fun can stop I’m sick of it
— tmas.eth 🍌 (@itstylersays) April 29, 2022
Related Reading | Ethereum Whale Transactions Climb As Correlation With S&P 500 Continues
Featured image taken from TradingView.com Charts, and Pexels Disclaimer: The author of this article is not affiliated or connected to any parties listed in the article. This article is not meant to provide financial advice.