Avatar Market Recap Day 6: Supply moons

This is the daily market recap I make in r/avatartrading

Sorry, this post is a lot later than I normally make it, got busy today. As the title says, today's biggest news is once again how high up the supply went

Free Avatars:

Aww Friends:

Floor Price: 0.01 eth- no change

Total Volume: 0.33 ETH- up .16 eth(nearly doubled)

Total Sales: 17- up 8

Total Owners: 95.5k- up 62.9k!

Drip Squad:

Floor Price: 0.02 ETH- down 0.01 eth

Total Volume: 0.76 ETH up .16 from yesterday

Total Sales: 20- up 5 from yesterday

Total Owners: 39.8k up 16.7k from yesterday!

The Singularity:

Floor Price: 0.02 ETH- no change

Total Volume: 0.44 ETH- up 0.02 ETH

Total Sales: 20 up 2

Total Owners: 159.4- up 93.3k from yesterday!

Meme Team:

Floor Price: 0.02 ETH- no change

Total Volume: 1.0 ETH- up 0.02 eth

Total Sales: 26 up 3 from yesterday

Total Owners: 67.1k- up 39.5k

The increase in avatars today is absolutely insane even compared to yesterday. Every collection more than doubled in size with the biggest collection, the Singularity having over 150k pieces! Absolutely insane to see how many new avatars are getting minted. This is good as it brings more people into the NFT space, but bad as obviously more supply devalues existing supply. Hopefully rollout ends soon. Also meme team reached 1 eth total volume today which is huge! Finally aww Friends surprisingly more than doubled in volume which is good to see considering it's generally low sales.

Paid Avatars:

The Sensibilites

Floor Price: 0.1 ETH- no change

Total Volume: 1.1 ETH- no change

Total Sales: 10- no change

Total Owners: 1.2k(1.3k items)- no change

Natsukashii

Floor Price: 0.09 ETH- no change

Total Volume: 0.55 ETH- up . 09ETH

Total Sales: 7- up 1

Total Owners: 1.2k(1.3k items)- no change

I Quit My Job To Be An Artist

Floor Price: 0.05 ETH- down . 1 ETH

Total Volume: 0.27 ETH- no change

Total Sales: 2- no change

Total Owners: 467(up 34)(522 items(up 35)

Baked Goods & Evils

Floor Price: 0.09 ETH- no change

Total Volume: 0.43 ETH- no change

Total Sales: 5- no change

Total Owners: 918(up 3)(952(up 4)items)

Foustlings

Floor Price: 0.03 ETH- up 0.01

Total Volume: 0.23 ETH- up .05

Total Sales: 12- up 9

Total Owners: 1.3k(no change)(1.5k items(up .1k))

Cute Snacks

Floor Price: 0.04 ETH- down 0.01 ETH

Total Volume: 0.07 ETH- no change

Total Sales: 1- no change

Total Owners: 215(up 5)(233(up 6) items)

Celestial Assembly

Floor Price: 0.01 ETH- down 0.01 ETH

Total Volume: 0.07 ETH- up 0.01 ETH

Total Sales: 2- up 1

Total Owners: 1.4k(up .1k)(1.5k(up .1k)items)

It's nice to see more activity in this market today for sure, and as predicted foustling sales have been increasing. Some of these lower sold ones may be good investments for when they eventually sell out but who knows. Definitely good to see more movement in terms of volume than yesterday.

Especially now with including paid Avatars these posts take a large amount of effort, so any donations of whatever chain or currency to 0x6E493118c1b044d74aec12Aad4F03fe4d2BFBfca would be very much appreciated