If you are interested in the Yuga series, you can take a look at NFTGo's "Yuga Eco Data Report: Insights and Trends", which comprehensively compiles the recent development of the Yuga series.
https://nftgo.io/en/research/insights/Yuga-Eco-Data-Report-Insights-and-Trends+qEvbaYuB76BtA-W8oiRBcEZ3Q28MpMs81c4G6VNdxK0
Summary highlights
1️⃣ Despite falling prices in NFT markets such as Bored Ape Yacht Club and Mutant Ape Yacht Club, Yuga Labs still maintains a market share of approximately 20% and consolidates its market leadership.
2️⃣ 10KTF will launch its second season in July, introducing new characters and suspenseful plots, and will be updated in real time via Discord to promote more participation.
3️⃣ In the third quarter of 2023, Yuga Labs’ Otherside: Legends of the Mara (LoTM) will add exciting new elements such as Vessel Nesting and StarMap Updates.
4️⃣ The physical KodaPendant, a collaboration between Yuga Labs and Gucci, will ship at the end of July, with applications closing on July 6th.
5️⃣ HV-MTL Forge, launched on June 29, is aimed at HV-MTL holders and integrates pet care and casual world building game elements to create a social competitive environment.
6️⃣ ApeCoin DAO completed its second special council and governance working group vote, with new members Waabam and CaptainTrippy successfully replacing Yat Siu and Alexis Ohanian.
7️⃣ Although the BAYC market declined last month, whale activity increased, showing confidence in BAYC’s future.
8️⃣ BAYC’s market value fell by 32.11% last month, but its trading volume increased by 193.04%. This was mainly due to the sharp drop in the floor price, which caused the overall trading volume to drop by 41.08% in June.
9️⃣ The price of $APE has dropped since May to the current price of 2.08, however, the number of $APE holders is increasing.
in conclusion
From this report, we can see that Yuga Labs still holds a considerable share of the overall market despite facing volatility in the NFT market.
This shows the market’s confidence in Yuga Labs to a certain extent. But at the same time, we also see uncertainty in the market, especially in the price movements of BAYC and $APE.
It is important for traders to gain a deeper understanding of the reasons behind these changes and fully consider these factors in their investment decisions. Expect more interesting innovations and updates from Yuga Labs in the future to increase the appeal and value of its NFTs.
