📝 Greg Solano returns to Yuga Labs

PLUS: Yuga acquires Moonbirds, $PIXEL is listed on Binance and more!

Author

NFT Plazas Team
February 23, 2024

GM. This is Nifty Notes, the weekly newsletter from NFT Plazas that keeps you on top of all things NFTs, web3 and the metaverse.

Here’s what we’ve got for you today:

  • Greg Solano returns to Yuga Labs 🔥

  • $PIXEL rockets on Binance 🚀

  • Yuga acquires Moonbirds 👏

INSIGHTS: The Buns flew ahead of their reveal, Sappy Seals rose as $PIXL was finalised and the Arcade airdrop began, and Kanpai Pandas grew as a $295k airdrop kicked-off. Wassies declined after their $PUMP airdrop, Heroes of Mavia Land continued to cool off, and The Grapes slid despite a 3.7M $GRAPE token burn.

Most Read ⬆️

Greg Solano returns to Yuga Labs 🔥

Yuga Labs co-founder Greg Solano has returned as CEO, replacing former Activision Blizzard COO Daniel Alegre.

This comes as floor prices and community sentiment have trended downwards across Yuga’s multiple NFT collections over recent weeks.

His return was met with positivity, but time will tell if this translates to meaningful change.

$PIXEL rockets on Binance 🚀

$PIXEL, the native token of browser-based MMO Pixels, debuted on Binance this week.

Trading volume exploded to over $500M in the first 24 hours following the listing, rising to a high of $0.67.

Pixels continues to drive activity on Ronin, with their unique active wallet count set to exceed 1 million in the next few weeks.

Yuga acquires Moonbirds 👏

Yuga Labs have announced the acquisition of PROOF Collective, creators of the popular Moonbirds collection, amongst others.

The news saw Moonbirds grow over 80% in value, with Yuga announcing plans to incorporate the collection into their Otherside metaverse.

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and always do your own research.