CryptoPunks dominates sales volume charts in the latest NFT news today – January 23rd.

Get the Latest NFT Updates Magic Eden Backed Non-Fungible DAO, CryptoPunks Relaunching CryptoPunks721 Wrapper, and More!

Last updated: January 23, 2024 05:30 EST | 3 min read 🕒

Source: AdobeStock / Ascannio

The non-fungible token (NFT) market is on fire 🔥, with a 12.5% surge in the past 24 hours, reaching a staggering $39,251,556 📈.

Buyers and sellers are both riding the wave, experiencing a 2% increase in activity. However, transactions have dipped by 10% 📉.

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Now, let’s talk about the real NFT superstars! Drumroll, please 🥁

CryptoPunks has taken the crown 👑, dominating the top 10 collections by sales volume, with a whopping $3.5 million 💰. It’s like the LeBron James of the NFT world, making it rain with its pixelated charm.

But hold on to your digital horses! The second spot goes to Ordinals 🥈, soaring by an astonishing 101% to $2,175,912. It’s like they put on rocket boots and blasted off to the moon 🚀.

And speaking of blasting off, Magic Ticket: Normie 🎟️ has gone supernova, skyrocketing by an eye-popping 690% to $620,961. It’s like winning the lottery in a parallel universe where the numbers are all emojis 🎰.

But wait, there’s more! GBTS BRC-20 NFTs and Doodles are also having their shining moments, surging by 567% and 392%, respectively. It’s like a digital Renaissance, where art defies gravity and the rules of physics 🎨.

Now, in the world of NFTs, not every hero wears a cape 🦸. Unfortunately, Froganas and Gas Heroes Common Heroes are donning red capes, dropping by 6% and 3%, respectively. It’s a minor setback, but even superheroes stumble sometimes 🦸‍♂️🦸‍♀️.

But enough about the superheroes of the NFT market. Let’s dive into some juicy NFT news! Today, we’ll explore the Non-Fungible DAO, the re-launch of CryptoPunks721, and the NFT staking program for environmental sustainability by iSHANG and Earth Exchange.

Non-Fungible DAO Unveiled, Powered by NFT

Say hello to the Non-Fungible DAO (Decentralized Autonomous Organization) 👋. With a mission to pioneer and promote NFT commerce, this community-owned organization is a force to be reckoned with.

Imagine a world where NFTs become a part of our daily lives 🌍. Well, that’s what the Non-Fungible DAO is pushing for. They believe that NFTs will soon become as essential as coffee in the morning ☕.

Their portfolio includes open-source technologies for NFTs across major chains such as Solana, Bitcoin, Ethereum, and Polygon. Magic Eden, one of the most esteemed marketplaces, is also jumping on board.

The Non-Fungible DAO allows NFT token holders to vote on governance and ecosystem fund allocation 💪. They’re even planning to incentivize community members by distributing most of the token supply to those who actively use their protocols.

But remember, “WEN NFT” — the token isn’t deployed yet 😕. So, be patient, my friend. The team is still laying the groundwork for this exciting new venture.

CryptoPunks Ranks #1, Relaunches CryptoPunks721

In other news, prepare to poggers because CryptoPunks is back on top! With sales volume totaling $3,550,498 💸, this pixelated sensation is reclaiming its throne.

But wait, there’s a twist! The team behind CryptoPunks has recently relaunched CryptoPunks721. You might be wondering, “What the heck is that?” Well, my friend, this is the official smart contract for converting CryptoPunk tokens into ERC-721 tokens. Think of it as transforming a Pokémon into a shiny version ✨.

By “wrapping” your CryptoPunks, you can use them on platforms and ecosystems that primarily support fungible tokens. It’s like turning an NFT into a chameleon that can adapt to any environment 🦎.

You can also unwrap your CryptoPunks at any time, giving you flexibility and control over your digital treasures.

This new wrapper contract is optimized to consume less gas than other wrapping options, making it a more efficient choice. It’s like finding a DeLorean that runs on half the plutonium but still travels at 88 miles per hour ⚡.

iSHANG and Earth Exchange Reveal NFT Staking Program for Environmental Sustainability

Keeping the planet green while diving into the NFT world? Sounds like a fantastic idea! Earth Exchange and iSHANG are leading the charge in promoting environmental sustainability through their NFT Staking Program.

Inspired by the 2023 COP28 climate conference, this partnership aims to reward participants with carbon offsets in exchange for minting collectible NFTs 🌱.

The program offers four levels: Advocate, Activist, Ambassador, and Warrior. By actively participating, you’ll not only support environmental awareness but also become a true warrior fighting for a sustainable future ♻️.

Now that you’re up to date with the latest NFT news, go forth and conquer the digital realm! 💪 Don’t forget to share this article and spread the joy of NFTs with your friends. Together, we can make the digital world a more vibrant and exciting place!

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🤔 Q&A

Q: What can I do with CryptoPunks721? A: CryptoPunks721 is the official smart contract that allows you to convert your CryptoPunk tokens into ERC-721 tokens. It enables you to use your CryptoPunks on platforms and ecosystems that primarily support fungible tokens.

Q: How can I participate in the NFT Staking Program for Environmental Sustainability? A: To join the NFT Staking Program, you can engage with Earth Exchange and iSHANG’s initiatives by minting collectible NFTs. By doing so, you’ll earn carbon rewards exchangeable for the LCD (Lowest Carbon Denominator) Token.

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References: – NFT Market Volume Update – Ordinals Report Surge in Sales Volume – Upcoming Ethereum Targets – Magic Eden and the Non-Fungible DAO – NFT Staking Program for Environmental Sustainability – Web3 Fundraising Trends – Bitcoin Adoption Soaring – Polygon NFT Volume

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