📈 FxHash Market Update

Aug 26, 2022

It’s time for another FxHash market update! This time will look into the top collections (500 Tezos floors only) since we last reviewed this group over 2 months ago.

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.

Included new collections: Zee by Lucas S. Reveil, horizon(te)s by Zach Liebermann, Iskra Velitchkova, Turner Light by ileovoivm
Tezos price went up over the past weeks and reached $2; it currently sits at $1.63. The last time we looked at this group of collections, it was worth $1.47.
FxHash users/volume over the past week was 3.82k users and $683k in total volume. The last time we reviewed FxHash weekly stats (first week of August), it was 4.75k users and $962k in volume.
Average floors went down by 15.5% but only 6.35% when adjusted to dollars. Listings went up, from 12.53% to 15.63% on average.
The total volume in Tezos blockchain during August might end lower than the previous month. Nevertheless, it has already surpassed the total volume of August 2021. That was the quietest month in volume over the last year, which was followed by the highest volume in Tezos history in September 2021. Could we see a spike in volume during September, similar to last year?

Dragons by williamapan had the most significant gains as the floor moved from 1,4k to 2,3k Tezos (+64%). William Mapan was one of the artists in the Proof Grails Season 2, and his Antycylone collection had a great reception in Art Blocks Curated.
The Conjured by goldcat is the second-best performer after moving from 575 to 699 Tezos. Although gen art isn’t goldcat’s specialty, she is finding great success lately, which seems to expand to her only gen art collection until now.
contrapuntos by msoriaro slightly increased the floor to 1k Tezos (5.37%), and listings went down to 5% in the market.
A Bugged Forest by zancan keeps slowly rising and might cross the 1k Tezos floor soon (909 to 930 Tezos floor). The number of listings starts to look healthy at 14%.
Turner Light by ileovoivm minted in a dutch auction which started at 250 Tezos. The floor is 480 Tezos and used to be over the 500 mark a couple of days ago. Be aware there are over 40% listed for sale.

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