Crypto NewsCryptoMarket Daily UpdatesUncategorized

Cryptomarket Valuation and Opinion 01-16-22

You can view my 1 min video summary if you want to skip the reading:

NFT market highlights:

The NFT market is quiet on the weekend but the Instagram model is not! Irene DAO founded by Irene Zhang who is a crypto influencer on Instagram started selling her photo in OpenSea and made about $5M in 7 days!

Today’s sentimental news and comments:

Bullish News ?

Instagram’s model launched DAO Web3 social media and sold NFTs in OpenSea.

An Indonesian boy makes bank by selling his thousand selfies as NFTs on OpenSea.

Australian women’s football team secures a $25M deal with Crypto.com.

Bearish News ?

Bitcoin user loses a record $1.1M in scam Michael Saylor giveaway.

Future Trend ?

Web3 is real but it is in a very early stage with many design errors and imperfections. Be patient!

Branding is owning their NFT studio to promote themselves in Metaverse.

Scam Alert ⚠️

Scam: Fake ImpactX token

Reason scam: scam tokens that impersonate the real token

Scam types: impersonate, rug pull potential, fake token


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