Introduction
This week has been a quiet one regarding large events but we have seen a large increase in whales investing into NFTs, especially BAYC/MAYC and ENS assets. We will discuss the top news Stories of the week then discuss price movements
Main Stories
Mega Mutant sale
@fragmentxyz Purchased This MegaMutant Ape For 1000 Eth Or $1,300,000 USD.
They did this after taking a 1000 eth loan on two other mega mutants they own and will pay back 44 eth interest ontop of the 1000 eth within 90 days
CryptoPunk Ape Sale
Another huge sale took place this week of a crypto punk hoodie ape
The wallet that bought the Hoodie Ape Cryptopunk today was last active over 5 years ago (May 2017). Their wallet has been holding on to ~2,900 ETH since May 30th 2017, which they bought at ~$228.58 per Ether and have been holding until today
ApeCoin Staking Date
We finally found out when the Apecoin staking feature will go live

This resulted in a sharp increase in the value of BAYC/MAYC and BAKC as they get access to their own private staking pools with much better returns than the public pools.
Price Movements This Week
Here we will cover movements in crypto prices, Bluechip NFTs and Metaverse land
Crypto Prices
Ethereum
Eth has ranged this week quite tightly but has nonetheless ended the week on a green note
Eth has gained 3.4% in the last 7 days
Bitcoin
Similar to Ethereum, Bitcoin has ranged this week, we have seen a small overall increase in the price
BTC has gained 0.5% in the last 7 days
Apecoin
Unlike last weeks strong outperformance of Eth and Btw we have seen Ape take a small dip in the last 7 days, staking goes live in about a month so we may see some volatility in the coming weeks
Ape has lost 5.2% in the last 7 days
Bluechip NFT Price Movements
Here we will discuss the movements in the price of some of the largest collections
Green = eth floor
pink = use value
BAYC
The Bored Apes have had yet another green week spurred on by the upcoming staking utility scheduled for the 31st of September
CloneX
The clones have also had a green week which seems to be the theme amongst most bluechips
Metaverse Land
Here we review the movements in value of Metaverse land
Otherside
This week the value in ETH and USD have remained virtually unchanged, there has also been no news catalysts this week other than a mega koda purchase
Looking Forward
As we move into the month of October we grow ever closer to a possible announcement of the next part of the BAYC roadmap and also we are scheduled to enjoy APE staking at the end of the month so Apecoin volatility is a possibility.
It's a humble request to you please announce the winner of your otherdeed which you organised on 8 September.
This giveaway ended on ended on 31 September and more than 15 days are gone now from its end.
No announcement of winner.
Please 🥺🙏 it's a humble request to you.
Giveaway link
https://twitter.com/Metaversenewsgo/status/1567895739891687428?t=9G28XWjS6TeACBw9gcEixA&s=19
Don't know why you guys don't reply on twitter that's why I am it writing here.
These newsletter are so helpful for me.
Thanks and keep it up 🔥👍