Hey! I’m Tardo and this is the Solana Weekly Update 1/24/23! If you do enjoy reading consider following my other social media profiles!
Linktree: https://linktr.ee/tardotmr
INTRO
This week for solana has been great. Twitter is happy, Discords seem to be more active. Solana is currently $24.40 USD, At the start of this seiries which was only 2 weeks ago it was $13 USD. The entirety of the Solana community seems to be filled up with hopium. I dont think the bull is back but you dont see SPL tokens and NFTS pumping like they are in a pico bear.
NFTs
Most NFTs are down in $SOL value but up in USD value. One nft example is a Degod. at $8 USD sol they hit 650 FP they were valued at $5,200 USD, Now at $24 USD sol theyre values at $12,200 USD. This is how most projects are currently going in price action. Correcting down to their valued USD value.
Community
The Solana community this week has been the most active its been in quite some time. Many people are slowing coming back to NFTs and crypto due to the recent pumps. The people that stayed and were buying SOL for the low are happy that their bags are pumping and all around just happy to network and grow their their extra liquidity.
Youtube TLDR
TOP 3 UPCOMING SOLANA MINTS(100X????)
In this video i went over 3 upcoming solana mints, what they are, and why i think they could be good ivestments in the short-long term!
PROJECTS:
Mindfolk:
Aventar: Twitter: @AventarNFT
Holyverse: Twitter: @HolyVerseNFTs
MindFolk
MindFolk is a very OG collection on the solana blockchain. Reaching all time highs of 200 when $SOL was $150 USD. They reached these hights when their native token $WOOD was given a LP funded by royalties. You would stake your Mindfolk OG for $WOOD and gain “Passive Income.” This model was nowhere near sustainable and would eventually die leading the FP of mindfolk to crash aswell. They are taking all the feedback from their community and turning it into their new mint ‘The Renaissance”
Aventar
Adventar is a project I work very closely with as i am their advisor helping the along the tricky path that is launching a SOL nft in this market. They are currently in talks with launchpads to mint within the next month. They have many pre-mint utilities out such as their Coin flip platform and their raffle platform. They are currently building out a fivver like platform called “Kadaa”
Holy Verse
Holy Verse is taking a different approach to NFTs. They are very focused on their comic books that they will release regularly for their holders to read. They are gearing up to mint their collection “Holy Verse Avatars” with trait swapping and some super cool utility.
Final
If you did enjoy this edition of “Solana Market Update” Make sure to subscribe. For more info on the projects I touched on, Check out my Youtube video and chek out their twitters! Have a great week!