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- Crypto Adoption Soars Amid NFT Market Downturn
Crypto Adoption Soars Amid NFT Market Downturn
Web3 Innovations Surge as NFT Market Faces a Wild Ride
Jungle Degen
July 07, 2023
Greetings Crypto Explorers! 🌴🦜
Strap in for an exhilarating escapade as we dive into this week’s Jungle Tales! From the thrilling rise in crypto adoption to the unexpected twists in the NFT territory, we’re traversing it all.
Get ready to swing from vine to vine through our crypto wilderness. It’s a wild ride of daring adventures and cryptic mysteries. Brace yourselves and join us on this epic journey!
Welcome to another roaring edition of Jungle Tales! Let’s get wild!! 🌿🦁🚀.
🦍 The Big Jungle Roar
This week's monumental event that shook the crypto-jungle. Roar with us!
Bored Ape Yacht Club’s floor price just hit a 2-year low (27 ETH ~ $53k), lowest since August ‘21. Why? Scarcity of buyers and big ape holders selling off. Machi Big Brother is causing ripples by selling many NFTs on Blur for bonus tokens.
The NFT jungle is feeling the heat overall, with top collections like Doodles, Azuki and CryptoPunks witnessing similar trends. According to @0xak_, if no one wants your JPEGs, the price drops until they do! Plus, more than 80% of top collection NFTs haven’t found new homes in 2023 yet.
Stay wild and vigilant, tribe! 🌿👀
🦁 King of the Crypto Jungle
Unleashing the top beasts of this week's crypto news. Beware, it's a wild ride!
🐒 Meme Monkeys
Hopping onto the funniest and savviest crypto memes that swung through the jungle this week.
🦜 Jungle Mystery of the Week
Can you solve our crypto-themed riddle? The answer lies hidden deep within the jungle. Share your guesses on Twitter and tag us! (we may gift someone some crypto 👀)
In the heart of the crypto jungle lies a beast, neither bear nor bull in the least. With stripes of gold and eyes like lamps, it stalks in shadows, beneath the coinage ramps.
Guarding a treasure rare and bright, It prowls all day and through the night. Only the bravest, with nerves of steel, Can tame this beast and make it kneel.
To solve this puzzle you must decode, Find out where this creature strode. Hint: It’s not a tiger or a zebra as you might believe, But something else that makes traders grieve!
So which is it? A predator or savior? Its name echoes with both fear and favor. Now take your guesses, don’t be shy, In the crypto jungle, who am I?
🦩 Tweets from the Jungle
Check out these wild crypto tweets that have made it to the jungle!
#Bitcoin is for Winners.
— Michael Saylor⚡️ (@saylor)
5:39 PM • Jul 4, 2023
The East/West Crypto Flippening is accelerating. Hong Kong has just beat the USA to the punch on a bitcoin ETF...and ether ETF.
— Tyler Winklevoss (@tyler)
1:33 PM • Jun 26, 2023
🐊 Crypto Swamp Watch
Bitcoin (BTC) - $30,255.00 (-0.56%)
Ethereum (ETH) - $1,880.12 (1.53%)
Top Gainer: eCash (+55%)
Top Loser: ApeCoin (-10.87%)
Snapshot taken on the 6th of July, around 3:36pm, Jungle time.
🍍 Jungle Poll Parrot
Join our parrot's poll! This week's squawk…
What’s your vibe amidst this NFT Serengeti slippage? 🐒🌴 |
🐯 Jungle Snapshots
Our grand finale - Jungle madness, guaranteed wilder than any pump and dump. Enjoy, you crypto beasts!
NFT portfolio might be at low tide, but priceless moments at the beach are hitting a high!
👋 That's all for this issue of Jungle Tales! As we part ways, let's remember the wise words of a crypto degen:
In the jungle of crypto, be like a monkey with its banana - hold on tight!
Don't forget to share our newsletter with your fellow crypto adventurers, and follow us on Twitter.
Until next time, keep exploring the wild world of crypto!
Pura Vida,
Jungle Degen
JUNGLE WARNING: Hear me, ye dauntless navigators of the crypto wilderness. This parchment holds no keys to monetary splendor. Consider it more of a cryptic map of the jungle, teeming with teachings, not a treasure chest marked with an 'X'. It neither mutters veiled secrets of investment, nor beckons you to swap your prized assets or enact any fiscal transactions. In this unpredictable crypto habitat, caution is your most trusted ally, and your own robust investigation, the steadfast compass. Equip yourselves with the shield of wisdom, as you traverse the intricate network of paths. Remember, swift success is often a false trail; it is through enduring patience, adroit maneuvering and careful strategy can you navigate this mysterious landscape. The jungle is vast and filled with enigmatic conundrums; let your own diligent research be the torch that dispels shadows. Don't be lured by the glimmering illusion of quick profits, but bend your will to the pursuit of genuine understanding. Keep your wits about you and eyes wide open on this crypto-quest. To cut a long story short, this is NOT financial advice. Safe travels, crypto explorers!hap