Non-fungible TokenScan | 11.18~11.24 Summary of Non-fungible Token Market Highlights

Welcome to the weekly summary of Non-fungible Token ecosystem hot events produced by Non-fungible Token infrastructure Non-fungible TokenScan.

Period: 2024.11.18~ 2024.11.24

Non-fungible Token Hot News

01/ MAGIC EDEN announced the ME Token economic model: total supply of 1 billion tokens, 12.5% used for the initial Airdrop distribution during TGE.

On November 18th, Magic Eden Foundation, a Non-fungible Token trading market, announced the Token ME Token economic model. The total supply of ME is 1 billion, more than half of which will be distributed to the community. In the TGE, 12.5% of ME will be used for the initial Airdrop distribution (fully unlocked at TGE); 37.7% will be allocated to the community and ecosystem; 26.2% will be allocated to contributors; and 23.6% will be allocated to strategic participants.

02/ McDonald’s official push background image updated to Doodles theme

On November 19, McDonald’s updated its official background picture to a Doodles theme. Foresight News previously reported that fast food giant McDonald’s has partnered with the Non-fungible Token brand Doodles to launch co-branded coffee and collectibles.

03/ Lumoz OG Non-fungible Token open for application, trading function for Non-fungible Tokens launched simultaneously

On November 19th, Lumoz, a modular computing layer and RaaS platform, announced that its OG Non-fungible Token application will be officially open to qualified users at 16:00 on November 19th. After users apply for the Non-fungible Token, they can freely trade with Makers on Non-fungible Token trading platforms such as AlienSwap as needed. With Lumoz OG Non-fungible Tokens, users can directly exchange esMOZ for MOZ on the Mainnet at a 1:1 ratio without any lock-up period. Lumoz OG Non-fungible Tokens are divided into three different degrees of scarcity, each corresponding to a different exchange volume.

04/ O’Neal signed a $11 million Astral Non-fungible Token, Galaxy Token lawsuit settlement protocol

On November 19, according to DLNews, former NBA star Shaquille O’Neal signed a $11 million settlement protocol for Astral Non-fungible Token and Galaxy Token lawsuits, covering the plaintiff’s legal fees and cash payments to Non-fungible Token and Token buyers. The settlement protocol is currently pending approval by the judge.

05/ Non-fungible Token Series Zereborn Floor Price pumped 71 times in a week, Floor Price rose to 7.155 SOL

On November 19th, ZEREBRO launched its AI-generated Non-fungible Token series Zereborn on Solana a week ago. The Floor Price has surged to 7.155 SOL, a 71x pump from the 0.1 SOL issuance price. As of now, the total volume of Zereborn is 19,928 SOL, and ZEREBRO TokenMarket Cap has also surpassed 4 billion US dollars.

06/ Vitalik will bridge 32 ETH to Base on-chain and mint 400 Patron Non-fungible Tokens

On November 19th, according to the monitoring of Paidun, the vitalik.eth tagged Address has transferred 32 ETH from the Ethereum mainnet to the Base network and minted 400 Oracle Patron Non-fungible Tokens.

07/ Truemarkets completed a non-fungible token sale with over 4 million US dollars raised, and Vitalik spent 32 ETH to participate in minting.

On November 22nd, according to The Block, Decentralizationprediction market Truemarkets raised over $4 million through a public Non-fungible Token sale. It raised $4.03 million by selling 15,071 Non-fungible Tokens, with a minting fee of 0.08 ETH (worth about $250) per token. Ethereum co-founder Vitalik Buterin purchased 400 of these Non-fungible Tokens, spending a total of 32 ETH (worth about $107,000). Truemarkets has two types of Non-fungible Tokens: Oracle Patron Non-fungible Tokens and Truth Seeker Non-fungible Tokens. Non-fungible Token holders are eligible to claim upcoming TRUE Tokens in the platform’s token generation event.

08/ Non-fungible Token Series Wifdog floor price rises to 0.258 SOL, a pump of 273.9% compared to the minting price

On November 22, the floor price of the Solana Non-fungible Token series Wifdog rose to 0.258 SOL, a 273.9% increase since minting (0.069 SOL). In addition, the official statement mentioned that 50% of the minting revenue will be used to help animals find homes through Best Friends; 30% will be used to repurchase WIF Tokens and redistribute them to its holders; the remaining SOL will be used to pay for platform fees.

09/ Mint Blockchain launches the Mainnet event “Mint Big Bang”, with a total prize pool of 100 million $MINT

On November 22nd, Mint Blockchain launched the new Mainnet event ‘Mint Big Bang’, which will run from November 18, 2024 to January 18, 2025, with a total prize pool of up to 1 million $MINT. Participation methods include inviting friends to join Mint Forest 3.0, Cross-Chain Interaction from ETH to Mint Mainnet, and completing specified social tasks. Depending on the contribution level, participants can receive rewards ranging from 200 to 10,000 $MINT. Mint Chain hopes to enhance community consensus and inject more vitality into the ecosystem through this event, witnessing a new chapter in the development of Mint Blockchain.

Over the past seven days, the trading volume of Non-fungible Tokens (NFT) has reached $161.47 million, a decrease of 9.3% from last week.

On November 24th, according to News.bitcoin, the trading volume of Non-fungible Tokens in the past seven days reached 161.47 million US dollars, a 9.3% decrease from last week. Non-fungible Tokens on Ethereum (Ether) dominated with 51.81 million US dollars, while Bitcoin (BTC) came in second with 44.48 million US dollars. However, the sales of Non-fungible Tokens based on Ethereum (Ether) decreased by 22.27%, followed closely by BTC Non-fungible Tokens, which decreased by 26.07%. In contrast, Solana Non-fungible Tokens pumped 6.79% to 25.88 million US dollars.

Non-fungible Token on-chain data

01\ Non-fungible Token Multi-chain Data Overview

As of November 25th, 2024, NFTScan currently supports 25 mainstream blockchain networks including Bitcoin, Ethereum, BNBChain, Polygon, Solana, Mint, Avalanche, Arbitrum, Optimism, zkSync, Sei, Starknet, Aptos, Mantle, Linea, Base, TON, Blast, Gravity, Scroll, Viction, Fantom, Moonbeam, PlatON, and Cronos, generating a total of:

Non-fungible Token contract quantity: 5,195,969

Non-fungible Token asset quantity: 2,294,391,147

Non-fungible Token on-chain records: 7,694,267,698

Non-fungible Token asset total Market Cap: $29,815,885,243

Non-fungible Token total trading volume: $107,345,412,362

02\Non-fungible Token Trading Market Trends

This week: OpenSea dominates the market, with a total transaction volume reaching a peak on November 22, with OpenSea market peaking at $8.861 million at 00:00, and NFTScan recording 233 trading markets with a total 7-day transaction volume of $102.9M. This week, OpenSea’s transaction volume ranks first, and the distribution of market transaction volume is relatively stable. The distribution and proportion of the top six trading markets are as follows:

OpenSea: $33,219,619 (32.28%)

BLUR：$25,567,284（24.85%）

Element: $14,707,263 (14.29%)

CryptoPunks: $9,580,458 (9.31%)

Tensor: $5,686,979 (5.53%)

MagicEden: $5,236,754 (5.09%)

03\ Head Non-fungible Token Blue Chip Trend

The current total Market Cap of the 19 blue-chip contracts is 799,240 ETH, accounting for 20.84% of the total Market Cap of Non-fungible Tokens.

This week: Blue-chip Non-fungible Token total trading volume is 10.33k ETH, and the total market trading volume is 19.82k ETH. As of 00:00 on November 22nd, the trading volume reached a peak of around 2587.78ETH.

04\TOP 10 Wallet

Non-fungible TokenScan analyzed the value of the top 1000 Non-fungible Token Holdings Wallet Addresses, and the current top 10 holdings are shown in the figure below:

Top1 Wallet:

0xab14624691d0d1b62f9797368104ef1f8c20df83

The wallet address holds 4,815 Non-fungible Tokens (including 3 Non-fungible Token Collections), currently holding assets of 64,785 ETH ($219,134,628.18), with 7,459 interactions.

05\NFT Project Ranking

The top 10 Non-fungible Token projects with the highest volume on the Ethereum network are shown in the following figure:

This week, CryptoPunks ranked first, with Floor Price stable at around 37.69e last week, and a 7d trading volume of 2,834e; Pudgy Penguins ranked second with a trading volume of 2,460e, and the current Floor Price is 11.6e; BAYC ranked third with a trading volume of 1,975e, and the current Floor Price is 12.1e; Most blue-chip Non-fungible Tokens have seen a downward trend in overall market trading volume and Floor Price.

06\ Hot Non-fungible Token Express

This week’s hot Non-fungible Token is the CryptoPunks series:

According to data, the Floor Price is currently stable at 37.69 ETH, with a highest transaction price of 124,457.07 ETH. The total transaction volume on the Ethereum network has exceeded 1.3M ETH, and the distribution of transactions in the past 7 days is mainly CryptoPunks: 2.83K (100%) ETH per unit, with a total of 67 transactions in 7 days.