Gm to everyone in the crypto space grinding to make it.
Wagmi.
Markets
Here are today’s market moves:
Here's what you need to know:
Claim your $LOOKS literally
An upstart NFT platform called LooksRare has gone live today, as more marketplaces continue to crop up to try to take on market leader OpenSea. Recently, OpenSea servers have gone down for some days and people are looking at this as an opportunity to disrupt the market leader. LooksRare claims to be a community-focused marketplace that will develop new features based on what its users want.
Requirements: Anyone with a combined 3 ETH trading volume or more on Opensea over a six month period is eligible to claim $LOOKS, so long as they list an ERC-721 or ERC-1155 NFT for sale on LooksRare.
Millions of SHIB Burned in Past 7 Days, 2.5 Million Destroyed within 24 Hours
Termed the Dogecoin killer, Shiba Inu has been in the news for quite sometime now. This token has a massive supply of one quadrillion tokens. To get this supply down, investors plan on buying and sending Shib tokens to a dead wallet where it cannot be accessed. Over the past week, 196,308,991 SHIB have been sent to an unspendable Shiba Inu address, according to a recent tweet by @shibburn. It took 55 transactions to complete the process.
Immutable X (IMX) will be listed on Binance today
Immutable X (IMX) is a scaling solution to eliminate gas fees for NFT transactions on Ethereum. The main distinction is that instead of creating its own cheap/fast blockchain -- instead of offering a “sidechain” -- Immutable partnered with a (private) company called Starkware to deploy new scaling technologies (We believe validiums and rollups, but still researching) that allow it to scale cheaply but rely on Ethereum’s security layer, such that gas fees remain at zero.
IMX price popped by more than 15% on Monday as investors cheered the new announcement by Binance. The IMX token is trading at $4.17, which is about 25% above the lowest level during the weekend.
Another airdrop: NFT DAO token %NAO
NFT DAO ($NAO) is a governance token that provides the community the ability to determine the direction and development of the Naffiti NFT marketplace, claiming to be the first DAO-governed gasless NFT marketplace.
Free claim begins on 11th January.
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