📈 FxHash Market Update
I crunched numbers - FxHash collections with floors between 25 to 100 Tezos
It isn’t a secret anymore; there is a bear market across the Ethereum NFT ecosystem. But similarly, it shouldn’t be a secret that the Tezos NFT ecosystem is thriving (especially generative art on FxHash).
I crunched the numbers, and they revealed the highest ever gains I’ve seen on FxHash. Let’s take a look (if you are new to my market analysis, read this first).
As always, this isn’t financial advice. Do your own research.
Link to spreadsheet → https://docs.google.com/spreadsheets/d/1W98cJeOgfpQBguMwONJK_0VWDaBPkVxPHZsNXJZtwVI/edit?usp=sharing
FxHash and Tezos General Stats and News
Included new collections from ARTERIA by Camille Roux, Elswhere by elsif, Gaiatica by sfbatchelor, Agglo by Leander Herzog, and Attachment by jeres.
Tezos is worth $2.05 (last time we analyzed this group of collections, it was at $2.48). It seems to be recovering slowly after falling to $1.5.
FxHash users/volume over the past week: 4.9k (+42%) active users and $1.7M (240%) in volume. All time high in both categories!
Avg. floors when up by 103% and 70% when adjusted to dollars.
Listings went down by 4.5%.
FxHash Top Movers
Pretty much all collections went up. I had to try hard to keep this short.
overloaded by p1xel fool increased by 265% (55 to 201 floor). This collection was highlighted by the PTFR and PTFRwS metrics some weeks ago.
I find it interesting that Overloaded by p1xelfool has almost 40k tezos in secondary value. This is very high compared to the rest of the collections (closest is De/FragV2 by Toxi at 30k). This could be a popularity indicator, but it could also be that it was highly traded after mint (which I recall happening). I will touch on this on tomorrow's article as I have been working on a new metric related to the volume (this is the reason why I switched volume over the last 24 hours to the total secondary volume). Anyways, keep an eye on Overloaded, p1xelfool.
spaceplant by SPACEFILLER increased by 627% (22 to 160 floor).
De/FragV2 by toxi up by 269% (79 to 292 floor).
Mei(梅) by random combo up 169% (107 to 290 floor).
Ode to Random by Yazid up 183% (120 to 340 floor).
Jardin by Mjlindow up 366% (45 to 210 floor).
Shattered Moons by makio135 up 382% (29 to 140 floor).
Mandaloids by jamportz up 220% (25 to 80 floor).
Gaiatica by sfbatchelor had huge gains, and the floor is now 94 tezos. I just included this collection, so the previous floor column was filled with the mint price.
Very successful mints from elsif (Elswhere), jeres (Attachment), and Camille Roux (ARTERIA) (I could have missed some successful mints, this isn’t comprehensive).
Surprise and Opportunities - Premium Subscribers Only
Additional insights based on the metrics…