📈 FxHash Market Update - 10 to 25 Tezos Floors
Let's look at the up and coming generative collections...
Putting art first. Mint an NFT from a mysterious artist. Read all the details here.
Today, we’ll look at the Fxhash collections in the 10 to 25 Tezos range. I looked at these collections almost four months ago (wow, time flies!), so there have been many changes since then.
There might be some hidden gems in this list, but a significant percentage could also be forgotten (with very low to no volume) for a long time.
A couple of reminders:
If this is the first time reading my market analysis, I suggest you read this first.
This isn’t financial advice. NFTs are very volatile, and you should always do your own research.
This report is purely analytical. I’m not analyzing collections from an artistic point of view. I do that in other articles.
Link to spreadsheet → https://docs.google.com/spreadsheets/d/1_Vb_XkKSNKO-ymgSLH7AGLEhJ2eECV1FvljIdR_F3us/edit?usp=sharing
FxHash and Tezos General News and Stats
Included the following collections: Elswhere by elsif, THE400FLIPS by Thomas Noya, Fury by philipbell, Schetsboek by Lucas S. Reveil, Vertical World by haxenfan, Ersbla by Studio Yorktown, A Clock by Ross Goodwin, entanglement by jeres, Snell's Artifacts by Estienne, Puzzles & Birds by sapirco, Magnolia Portrait by Alvis_leo, and Happenings by Jimena Buena Vida.
The last time we looked at this range, Tezos’ value was over $4. Today, the value is $1.75.
In July, Tezos’ total transactions and contract calls didn’t reach the same volume as in May or June. Nevertheless, there were more transactions than in March and April.
FxHash users and volume over the last seven days was 4.75k users / $962k, much lower than the previous update - 5.2k users / $2.27M. Source: www.dappradar.com.
The average floor price went up by 90% when measured on Tezos. Nevertheless, the average floor went down by 22.7% when adjusted to dollars (due to the drastic drop +/- $4 → $1.75).
The listings went down by 5%. This means collectors mostly try to hold these collections (usually, the listings move between -1% to 1%).
FxHash Top Movers
Only seven of forty collections stayed in the green when adjusted to dollars (excluding the recently added ones).
Paper World by Matt Circles had the highest gains, jumping from 17.5 Tezos floor to 95 Tezos (+442%) and $71 to $166 (133%) when adjusted to dollars.
Ditherwave by KRANKARTA followed Paper World closely after jumping from 23 Tezos to 90 Tezos. This collection was mentioned multiple times as the listings are extremely low (only 7 listed out of 128). The collection only has 835 Tezos in the secondary volume.
Returns by Leander Herzog moved from 14.89 Tezos to 70 Tezos (368%, +101% when adjusted to dollars).
MID-CENTURY MODERN by Aleksandra had the most significant jump in % after moving from 7.5 Tezos to 64 Tezos (+753%). Listings went down by 12% (only 15 listed at the moment).
California Hills in Late Sun by Nat Sarkissian moved from 20 Tezos to 59 Tezos (+195%) and remained in the green when adjusted to dollars (+27%).
Ersbla by Studio Yorktown was originally minted for free at the London Proof Of People + FxHash event. Its floor is over 20 Tezos, which is a big deal since there are over 1k pieces in this collection (after the event, the collection was sold for 25 Tezos).
A Clock by Ross Goodwin minted for 4 Tezos and has a floor of 19 Tezos (+350%).
Snell's Artifacts by Estienne minted out very quickly yesterday for 6 Tezos and currently sits at 18 Tezos (+200%).