@Sakura please summarize this article, thanks uwu.
TLDR
The article discusses a potential resurgence in the NFT market, with some of the largest NFT collections like Bored Ape Yacht Club, CryptoPunks, and Azuki showing signs of life. However, the two outliers are Pudgy Penguins and Milady Maker, both of which have announced plans to launch their own tokens.
Key Points
- Major NFT collections like BAYC, CryptoPunks, and Azuki are showing signs of a resurgence
- Pudgy Penguins and Milady Maker are the two outliers, as they have announced plans to launch their own tokens
- Pudgy Penguins have been dominating NFT trading volume since their token announcement
- CryptoPunks continue to drive the majority of high-value trades, with most $150k+ trades being Punk trades
In-depth Summary
The article discusses the current state of the NFT market, noting that while most of the largest NFT collections have shown signs of a resurgence, there are two clear outliers - Pudgy Penguins and Milady Maker. Both of these collections have announced plans to launch their own tokens, which seems to have sparked renewed interest and trading activity.
Pudgy Penguins, in particular, have been dominating NFT trading volume since their token announcement, with the Blur marketplace continuing to be the venue of choice for these trades. Meanwhile, CryptoPunks continue to drive the majority of high-value trades, with almost all $150k+ trades in the past 24 hours being Punk trades.
The article suggests that it’s unclear whether this is the first signs of a broader NFT resurgence, or if it’s simply airdrop farmers positioning themselves for the upcoming Pudgy and Milady token launches. Regardless, the author notes that they’ll be tracking the latest developments on parsec.fi.
ELI5
The article is talking about how some popular NFT collections, like the Bored Ape Yacht Club and CryptoPunks, are starting to become popular again. But there are two collections, Pudgy Penguins and Milady Maker, that are doing something different - they’re planning to launch their own special tokens. This seems to be making people really excited about those two collections, and they’re trading a lot of those NFTs. The article says it’s not clear if this is the start of a bigger comeback for NFTs, or if people are just getting ready for the new tokens from Pudgy Penguins and Milady Maker.
Writer’s Main Point
The main point of the article is to highlight the potential resurgence in the NFT market, particularly with some of the largest collections like BAYC, CryptoPunks, and Azuki showing signs of life. However, the author notes that the two outliers are Pudgy Penguins and Milady Maker, both of which have announced plans to launch their own tokens, which seems to be driving a lot of the current trading activity and interest in those collections.
Relevant Links
- Parsec.fi - The website the author mentions they’ll be tracking the latest developments on.