NFT Power Rankings #3

Welcome back, ladies and gentlemen! I had a super busy and eventful week, starting in NYC towards the end of my vacation, then on Tuesday the flight back home was delayed almost 7 hours so that wasn’t fun. I felt like my brain was being pulled apart into a hundred different directions, trying to balance everything going on but I finally typed up a list and had about 20+ items on my to-do list from phone calls, to articles to giveaways. I am finally getting back on top of everything, which is a relief.

There are a few things I would like to talk about before we jump into this week’s power rankings. I am working on two big projects (not alone), one of which is a free-to-mint diverse pfp project, which I am super excited about and hopefully I can share the art and announce a launch date by the end of this month. I am in no rush to do this, as this will be my personal project and baby (eventually going full time into this project), I want to ensure a quality team, traits/art, and a smooth minting experience. The second project is in very early stages but everything is lining up on making one of my favorite ideas into a reality and it has to do more with research and analytics rather than avatars or pfps. On top of all of this, I am pivoting my branding into a giveaway master, doing lots of promotional giveaways for projects. Most of these giveaways will be partnered with projects and I will be receiving an NFT or ETH for it. But I will always disclose this, and I will still be doing my own personal giveaways such as my mystery giveaways… The goal for me since I started this Substack is to provide valuable information in a digestible way. I will be releasing my upcoming projects newsletter on Sunday, and have an interview lined up for a special artist. But if you guys have any projects you want me to do an analysis on please comment on this article so I can make a list and get to it!

This week has been crazy for the NFT space, everything is “mooning”. Whales are slowly coming in and ape/punk sales are rotating into other projects. Lots of projects are still significantly undervalued in my opinion in comparison to others. For example, projects like The Vogu and Animetas, boomed while more established projects like Craniums and Goatz are lacking behind. Very weird for me to see this type of movement because in all honesty there are lots of great projects and teams out there that have proven themselves. Either way, this is all great for NFTs in general and I am not hating on any projects!

Let’s get started!

1. Cryptopunks (-): haha… I do not see the kings and queens of the NFT space being dethroned ever so Cryptopunks will always be #1 on my rankings. I may eventually remove them but in the past two weeks, the floor has more than doubled from 20.50eth to 48.50eth. There have been some insane action and buying power coming in and mass buying punks. Lots of theories about this, many think it’s portfolio managers, funds, and wealthy people in general. There have been 3 or 4 top ten sales this last week for apes and zombies too. The current sentiment is the only place from here is up so I expect the floor to continue to rise up until the next power rankings. Cryptopunks will always be king, always will be the number one “avatar” and collectible. (Y)

   Floor: 52.2eth # Listed:1,161 # of Holders: 2,779 7d Volume: 72,280eth

   Two Weeks ago: Floor: 20.50eth # Listed: 1,501 Unique Wallets: 2,577 Volume 7d: 5,346eth

2. Bored Ape Yacht Club (-): hmm. Do I need to say anything? I still will, these last two weeks have been monumental for the BAYC. They have more than doubled the floor (now at 14.50eth) and passed 50% unique owners. I always said that Apes will be second to punks and as people get priced out of punks, money will flow into Bored Ape Yacht Club. It has been confirmed that Christie’s will auction Punks, Apes, and Meebits at the Hong Kong saleroom in September. Obviously this added fuel to the fire, Apes are becoming the legitimized 2nd “best” NFT. (N)

   Floor: 14.5eth # Listed:1,792 # of Holders: 5,077 7d Volume: 17,831eth

   Two Weeks ago: Floor: 6.75eth # Listed: 2,187 Unique Wallets: 4,889 Volume 7d: 6,419eth

3. Meebits (+20): A new name into my power rankings this week. I think this is an important one to include. Volume has been great, and the floor is finally above the mint price! The thesis with this is that it has had the third-highest volume in the past week. As well as the fact that as people continue to get priced out of Punks and Apes, the next real blue-chip project is a Meebit. If you don’t know about Meebits, they are a Larva Lab nft so they are housed under the same company as Punks. I see more room for Meebits to continue their run upwards.(N)

   Floor: 2.75eth # Listed: 2,306 # of Holders: 4,930 7d Volume: 6,905eth

   Two weeks ago: No data recorded

4. Animetas(+19): Animetas is a new project, but they have done extraordinarily well. The highest sale so far was 30eth, with a floor of 0.5eth. One of the main ways this project stands out is it is actually good and original pixel art, so I would highly recommend checking them out if you like pixel art! They are already working on an airdrop of Hovercrafts to their holders! Let’s see where they will be sitting next week. (N)

   Floor: 0.84eth # Listed:1,634 # of Holders: 3,301 7d Volume: 3,881eth

   Two weeks ago: No data recorded

5. The Doge Pound (+6): This is a new project. Launched about a month ago at 0.069eth per mint. Here is what I said two weeks ago when the floor was 0.378eth “I will have to do a deep dive soon but so far with the current volume and floor price, it is not something to brush off.” The floor is now at 1.23eth. I believe what’s “special” about this project is that they brought in a new audience from Wall Street Bets on Reddit, or at least that’s what I have heard. They are doing amazing in terms of 7-day volume and price action. (N)

   Floor: 1.23eth # Listed: 2,394 # of Holders: 2,604 7d Volume: 2,534eth

   Two weeks ago: Floor: 0.378eth # Listed: 2,846 Unique Wallets: 2,076 Volume 7d: 1,053eth

6. Gutter Cat Gang (-2): There has been some incredible action in terms of holders and floor growth since the last power rankings. There is more room to grow if Apes are 14.5eth… as I still strongly believe GCG would be the third choice in avatars. They have a strong team that has not let up on the gas as well as a tight-knit and gritty community on Discord. (N)

   Floor: 2.46eth # Listed: 584 # of Holders: 1,494 7d Volume: 1,310eth

   Two weeks ago: Floor: 1.18eth # Listed: 870 Unique Wallets: 1,397 Volume 7d: 451eth

7. The Vogu Collective (+13): The Vogu is a new project similar to Animetas, launched very close to each other. Both were talked about a lot prior to the drop, mainly due to the art. The art on the Vogu is different and well-loved among the community, which is reflected in the volume and floor. A collection of 7,777, the floor is now at 1.20eth, could be worth a look! (N)

   Floor: 1.20eth # Listed: 1,450 # of Holders: 2,498 7d Volume: 2,453eth

   Two weeks ago: No data recorded

8. Cool Cats (-5): Quite a good two weeks for Cool Cats, the floor has finally broken the 1eth mark and is holding steady at 1.33eth. Not really sure what caused this jump on the floor. Regardless, the project is solid, everyone loves the team, the community is special and the discord is never quiet. There has been a good amount of growth in unique holders about 400 new holders in the last 14 days. Momentum is on their side. (N)

   Floor: 1.33eth # Listed: 1,749 # of Holders: 3,853 7d Volume: 2,408eth

   Two weeks ago: Floor: 0.689eth # Listed: 2,344 Unique Wallets: 3,408 Volume 7d: 1,241eth

9. Veefriends(-): This is not your run-of-the-mill generative art project, it’s Gary Vee’s doodles backed by plenty of utility. There are a little over 10,000 tokens with different rarities, each token is a ticket into Veecon for the next three years. Gary wants to create a brand out of these, he wants to be the next Disney. Gary Vee hinted about a wave of announcements coming in August, so I would join the discord and keep your eyes on this. There doesn’t seem to be an increase of unique holders so I am assuming the reason for this new floor, are people upgrading, accumulating, and delisting. (N)

   Floor: 6.9eth # Listed: 536 # of Holders: 4,552 7d Volume: 2,509eth

   Two weeks ago: Floor: 4.225eth # Listed: 708 Unique Wallets: 4,555 Volume 7d: 575eth

   Side Note, as many of you know I have been looking for the right sponsor/partner to help keep my substack going while also providing value to my readers! I want to share NFT Trading Academy! It is a active discord that shares tips, flips, upcoming drops and lots more. I was fortunate enough to take a look into the discord and discuss this trading group with one of the founders. And I have been really impressed with all of it and for such an affordable entry price compared to other trading groups like Metaverse HQ, I recommend checking them out! The montly price is only $25 with a no-commitment 7-day free trial! Drop in and check them out. They’ve made some great calls too for example Craniums before the most recent boom! Link to join!

   

10. World of Women (+10): Another brand new name, and it cracked the top ten! It is a new project, I mentioned it in my last upcoming projects newsletter. For a new project, they have had insane growth in unique holders and in turn the floor price. In my opinion, this is one of the top projects under 0.5eth. I love the team, art, and mission. I sadly do not own any! (N)

    Floor: 0.449eth # Listed: 1,878 # of Holders: 2,890 7d Volume: 1,670eth

    Two weeks ago: no data recorded

11. Robotos (+9): I am not really in the loop with this project, but it’s a few days old. It already has a solid floor price above mint as well as a large group of unique holders. The art is different and someone called it “the real meta bots”, it is unique and interesting but I am not in the loop with the community or the roadmap so I recommend reading up on that and poking around the discord. (N)

    Floor: 0.18eth # Listed: 2,495 # of Holders: 2,363 7d Volume: 1,599eth

    Two weeks ago: no data recorded

12. Crazy Lizard Army (+8): A fairly new project that I shrugged off in my last upcoming projects newsletter. They have taken off. One of the big selling points is the evolution lab where you can burn three Lizards into a dragon, there is also a community fund and comics. The art is decent as well, so if you’re looking for a fun new semi under-the-radar project, look into this one! (N)

    Floor: 0.46eth # Listed: 2,495 # of Holders: 2,363 7d Volume: 1,599eth

    Two weeks ago: no data recorded

13. Rumble Kong League (+7): An interesting project, which I honestly did not expect to take off! Here is a little about them: “Rumble Kong League is a competitive 3 vs 3 basketball experience, combining play-to-earn functionality with NFT Collection mechanics, enabling users to compete in engaging ways through NFTs. Launching with a set of unique 10,000 ERC-721 tokens, called Kongs. Alongside a truly unique look, each Kong comes with a randomly generated set of attributes that can influence their performance in a match, providing additional depth and strategic elements.” After taking a second look, it seems to be a high-quality project with a cool utility. As always do your own research! (N)

    Floor: 0.77eth # Listed: 519 # of Holders: 1,897 7d Volume: 1,144eth

    Two weeks ago: no data recorded

14. Royal Society of Players (+4): I see this as an exclusive community with an interesting utility model. Starting with collecting different cards to arrange different hands that will gie you entrance into certain giveaways for example. The utility ranges from a “royal treasury” which will accumulate metaverse assets, they also have plans to develop a virtual headquarters, expand their ZED stable for member giveaways. It is basically a fund that will be used to acquire assets, according to their website. They are alos hosting in-person meetups for holders, there is one coming up later this month in NYC. There’s a bunch more and I aim to do a write up on them, as I believe there is lots of value! (Y)

    Floor: 0.26eth # Listed: 1,014 # of Holders: 1,522 7d Volume: 1,110eth

    15-20: Bored Ape Kennel Club, Pudgy Penguins, Supducks, Cyberkongz, The Wicked Craniums, Forgotten Runes Wizard Club.

    These last two weeks have been extremely eventful and there are so many projects that are still undervalued. My three most underrated projects at or under 0.1eth are Lonely Alien Space Club, Maison de Goatz, and Untamed Elephants. I own all three but I just can’t believe they are so low…. as always please do your own research, and this is not financial advice. Thank you to all those subscribed as we have passed 300 subscribers! Let’s get that to 500 by the next power ranknings.

    I will be releasing my upcoming projects newsletter this Sunday. If you like my content, I hope you will share it to your network and post it on twitter! Let all this information flow freely. I am still looking for feedback and ideas, so please feel free to comment any feedback you may have! Also trying to guage how often I should release a new article, as there are at least two weekly articles which are power rankings and upcoming drops. But I also want to do project writeups (looking for suggestions btw), interviews with teams and artists, guides, and tips and tricks.

    Dannyukes also releases his power rankings every Friday, if you are looking for another power rankings to compare!

    Thanks once again for reading, I want to do a closed giveaway for subscribers only so please fill out this google form to be entered! I always want to give back to my supporters and what better way then directly to those who are subbed. Giveaway winner will be picked from this Google Form Link.