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NFTs Are Back: The One Chart You Need to See
This could be your clearest signal to profit before the crowd jumps in
GM. This is Touching Grass.
Here’s what we’ve got for you today:
This week in one number
NFTs Are Back: The One Chart You Need to See
Weekly Wisdom
That's how much Pudgy Penguins (NFT collection) airdropped to holders and other active crypto communities this week.
For context, that’s nearly as much as Coca-Cola pays out in quarterly dividends — and more than Johnson & Johnson manages in an entire year.
NFTs Are Back
Dune Analytics, Daily NFT Volume
For months, the NFT market has been quiet — dull, even.
But something’s changed.
Volume is surging, traders are piling in, and the data is clear: NFTs are waking up.
Here’s the one chart that tells the whole story:
The Volume Spike That Changes Everything
Daily NFT trading volume just hit levels we haven’t seen in nearly a year.
Blur and OpenSea are leading the charge, with traders rushing back into the market. Over the last few weeks:
Daily volume has doubled (actually 20x from the November lows)
Active wallets are trending up fast.
Transactions have surged to new multi-month highs.
This isn’t noise — it’s momentum.
Why It Matters: When volume spikes like this after a long cooldown, it’s often the start of a bigger move.
Where to Look First
Blue Chips: Established collections like Pudgy Penguins, Claynosaurz, Jirasan, Chimpers, Mad Lads, and Azuki are seeing floor prices lift.
When liquidity comes back, these projects move first (some already did)
Up-and-Comers: Collections with strong narratives and low market caps often outperform during a resurgence.
Watch for trending mints and communities gaining traction. First few mints on new chains like Abstract, Monad, or Berachain could be very lucrative.
The Opportunity
Right now, the data is clear: NFTs are back on the move.
Volume tells you where the action is. Traders confirm it. And when both line up, early movers can profit.
The question is — are you paying attention?
The next move is yours.
Weekly Wisdom:
Many dead NFT projects from the 2021 era are currently worth more than projects that came to market later and actually build dope stuff.
In 2025 we will see a massive repricing.
Position yourself accordingly
— wale.moca 🐳 (@waleswoosh)
12:35 PM • Dec 13, 2024
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That's a wrap for today — catch you next Wednesday!
P.S. If you’re looking for trading strategies, a 100x wallets list, and more FREE premium resources, they’re HERE.
P.P.S. I heard people who refer the most will also get some perks in the future🤫