Dave's Daily Crypto Take

DDCT #101 - 1/26/2022 (In a mere 10 days, this young Singaporean influencer raked in a whopping $5.7 million by selling NFT’s.)


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#Bitcoin #Solana #NFT


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Dave's Daily Crypto Take


In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.


My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.


ARTICLES used in today's video:


https://thenextweb.com/news/what-is-metamask-create-account-web3-nft-crypto


How to easily set up a wallet for cryptocurrency and NFTs with MetaMask


If you want to experience a metaverse, buy NFTs, or trade in cryptocurrency, it’s essential to have a wallet that’s easy to create and use.


MetaMask is a pretty popular choice these days. It’s free to use, and is available as a desktop browser extension and a mobile app. You can sign up to create a wallet to store your digital assets in just a few seconds, and it will also let you connect like the OpenSea NFT marketplace in a blink. Think of it as a single sign-in function — just like sign-in with Google, Apple, or Facebook.


https://ambcrypto.com/67-of-eth-holders-still-profitable-but-heres-whats-putting-pressure-on-the-price/


67% of ETH holders still profitable but here’s what’s putting pressure on the price


Ethereum, which has managed a return on investment (ROI) of 8700%, has cultivated a lot of dampened market sentiments lately. In fact, following the market’s downfall, Ethereum has lost over 51% of its value since its ATH of $4,878.26 three months ago.


A profitable majority

And yet, data by IntoTheBlock seems to suggest that 67% of Ethereum holders are In the Money. This essentially means that the token is profitable for these investors at recent levels.


2% of all holders are At the Money level or breaking even without any profit or loss. On the contrary, the rest of the holders are suffering losses as the current price is less than the average purchase cost for these holders.


https://www.pcgamer.com/uk/paris-hilton-and-jimmy-fallon-showing-off-their-nfts-is-the-longest-77-seconds-ever/


Paris Hilton and Jimmy Fallon showing off their NFTs is the longest 77 seconds ever


In what may be the most compelling evidence I've yet seen that NFTs are multi-dimensionally awful, here's a clip of Paris Hilton and Jimmy Fallon awkwardly showing off their low-quality drawings of apes in stupid hats to an audience that seems equal parts bemused and bored.


"This is your ape!" Fallon says, pulling the picture of Hilton's NFT from behind his desk to show the viewers, who take a long few seconds to react with tepid applause.


https://ambcrypto.com/heres-what-led-to-a-week-of-turmoil-on-solanas-network/


Here’s what led to a week of turmoil on Solana’s network


Solana, which was somewhat of a star performer in 2021, has suffered a week of turmoil.


Solana had identified that its mainnet beta was experiencing high levels of network congestion. Interestingly, this is not the first time this has happened either. Earlier this month, users experienced delays and failure in transactions on Binance as well.


https://luxurylaunches.com/other_stuff/in-a-mere-10-days-this-young-singaporean-influencer-raked-in-a-whopping-5-7-million-by-selling-nfts.php


In a mere 10 days, this young Singaporean influencer raked in a whopping $5.7 million by selling NFT’s.


If NFTs interest you, here is yet another shining example of how an influencer used all her influence to rake in millions in a matter of 10 days! Meet 28-year-old Singapore-based influencer Irene Zhao who not only launched these non-fungible tokens, and she broke the crypto market with her collection. The NFTs consist of her images with meme slang texts over a mint green background. The NFTs have gained a lot of sales and are listed on OpenSea, thanks to her army of ardent fans (or, more accurately, simps), amounting to 1,107 items under the IreneDAO collection.

https://alternative.me/crypto/fear-and-greed-index/


https://coinmarketcap.com/


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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.


Thank you very much


Dave



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Dave's Daily Crypto TakeBy Dave D