🫣 The People Have Spoken

Gm, this is the doodhwala, the only crypto newsletter that’ll come to you till the last day of the year.

We don’t give up on you fam 💪

Here’s what we got for you today:

• VERDICT: Do the people love DeGods and y00ts?

• The Amazing Race: NFT version

• Crypto Doodh Shots: “If You Have Gold You’re Dumb”

• Milky Meme of The Day

VERDICT: Do the people love DeGods and y00ts' moves?

Yesterday, 2 of Solana’s largest NFT collections said SoLong Solana.

And today, the market has determined whether this move was 👍 or 👎!

So, what’s the verdict?

🥁….🥁….🥁 ….🥁….🥁 ….🥁 ….🥁

It’s a 👍

At least, that’s according to the NFT buyers.

Why?

The floor price, buyers, and smart buyers are going crazy!

Let’s take a look at this in 5 numbers.

110,000 SOL — worth trading volume for y00ts NFTs on December 26, the day the announcement was made.

That’s $1.2 million.

That’s the highest daily traded volume for y00ts NFTs EVAAA 🤯

963 — the number of unique buyers (i.e. different buyers you numb 🥜) of DeGods and y00ts NFTs in the past 24 hours.

DeGods unique buyers — 271

y00ts unique buyers — 692

New buyers are FOMOing into these NFTs almost like it's 11pm on New Year’s Eve and you’re stuck at home.

should I go out?should I stay in?

😥

550 SOL — the floor price of DeGods NFTs, that’s a 180% rise in the DeGods' floor price in the past month.

DeGods is DeGoing to the moon while its DeGoing away from Solana

…sorry…

😭

36 — the number of Smart Money wallets buying up DeGods and y00ts NFTs since Christmas Eve started.

Smart Money = Big 🧠 wallets

Basically, they’re the opposite of me 🥲

DeGods and y00ts are seeing massive Smart Money activity. 👀

1— the one y00ts’ holders you know already. 🤝

He is our very own Sunny bhai, no not Sunny Gavaskar, or even Sanjay Dutt.

It’s Sandeep Naliwal, the co-founder of Polygon.

He went all in on y00ts, changing his Twitter picture to a y00ts NFT.

After all, rumor has it Polygon paid BIG MONEY to get y00ts on board their blockchain. 🤑

And Polygon ain’t stopping with y00ts, the CEO of Polygon Studios said 2023 is when Polygon takes a big leap into PFPs and art.

PFP = Pray For Priyanka Jonas

PFP = Picture For Proof

They’re those NFTs people flex on Twitter and Instagram (and some on LinkedIn too 🤣)

How will Polygon’s PFP ambitions pan out in 2023? Let us know by replying to this email.

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An NFT race you didn’t know about

The race is ON to see who will take the title as the TOP NFT m̶a̶r̶k̶e̶t̶p̶l̶a̶c̶e̶ aggregator.

Yup, you read that right.

NFT Aggregator. Not NFT Marketplace. (OpenSea is still the top dawg there…at least for now)

But wait…wtf is NFT Aggregator?

No, its not a synonym for marketplace designed to trick you.

At the beginning of the year, they contributed to just 3% of the overall weekly NFT volume.

But now, that number has grown to 20%.

So who are the big players in this race competing for the top spot?

There are quite a few players but the top 2, so far, have been Gem and Genie (sounds like the name of a Disney movie)

🐭 Gem and Genie: 3 Wishes Of Neverland 🐭

Out of these 2, Gem is currently dominating this market!

• Commands 2/3rd of the overall aggregator volume, which is over $1.2 billion

• Has on-boarded over 135k users compared to Genie’s 46k

• Was acquired by, guess who, OpenSea earlier this year

Wait…why would OpenSea acquire Gem?

Won’t they have the same users??

Actually, no.

Gem and other NFT aggregators target one specific type of audience — NFT traders.

You can look at prices from all marketplaces and make the best decisions, pretty quickly.

It definitely was a good investment for OpenSea.

So what’s happening now?

A new player is heating this race to the top.

Blur, the NFT aggregator platform whose name was inspired from 144p Youtube videos, is taking the market by storm.

Gem captured the market back when NFTs were selling faster than toilet papers during peak COVID.

Blur entered the market in October (deep into the crypto winter) and has already taken over 50% of the NFT aggregator volume!

Just in the past month, it captured 74% of the overall volume and 60% of overall users.

We think Blur is winning because of 2 reasons:

• Super clean and easy UI for degen traders

• Great token airdrop and incentivization model

This race is nowhere close to finishing soon but it is worth remebering that the NFT aggregator market is kind of a winner-takes-all market.

So whoever comes out on the top, will likely remain there for a LONG time.

Crypto Doodh Shots: “If You Have Gold You’re Dumb"

🕵️‍♂️ Another Satoshi

Fran Finney, the wife of Hal Finney (the man many believed to be Satoshi Nakamoto) is organizing a charity half marathon called Running Bitcoin.

We don’t run, unless you give us doodh, but for Hal we shall.

🐶 Another Elon

Someone hacked Gillian Keegan, a British politician’s account, changed the profile pic to Elon Musk, and promoted a scam — “Get Free DOGE.”

I mean come on like anyone knows who Gillian Keegan is.

🙈 Another Idiot

“If You Have Gold You’re Dumb as F*ck” said Mark Cuban (the Shark Tank guy) to Bill Maher (the old comedian guy) in a podcast where both smoking ☘️ and talkin about Bitcoin.

That’s exactly how I like my Bitcoin conversations — high, and with a comedian.

🛑 Another SALE

If you want one stat that says Bitcoin miners had a terrible 2022, consider this — Bitcoin miners mined 40.7k BTC in 2022, and sold 99.2% of it.

Even I kept some BTC, even if it’s down 70% since 2021.

🌕 Another Billionaire

LUNA, the cryptocurrency that nightmares are made of, is now worth $1 billion by market cap, six months back it was worth $45 billion.

Who tf is still buying LUNA?

Milky Meme of the Day

If you want more doodh then, be sure to follow our Twitter (@DoodhwalaDaily)

That’s all for today bhaiyo aur bheno! Naale Sigona!

Aakash "Dahi Cheeni" Athawasya & Arvind "Doodh Peda" Krishna

Yo! Our legal and financial advisors (aka our good ol’ conscience) have asked us to add this boring disclaimer.

None of what you read here is financial advice. We aren’t here to get you to buy or sell a crypto. We’re only here to tell you what’s up in crypto today and make you laugh. So, if you screwed up on a trade, that’s on you G. Stay safe in the markets.