The macros remain grim and Ehereum is under-performing in comparison to the rest of the crypto Market. The SEC is threatening to further regulate ETH and possibly decide that the asset has become a security as a result of the merge. ETH saw a dump over the weekend and has yet to recover. NFTs actually saw some positive action despite the ETH plummet with Fewo and Rektguy being two of the top winners.
The show was sponsored today by Bugattigrp, a clothing and luggage brand that intends to bring the web3 world to retail consumers and ideally garner new interest and onboard some new members into the ecosystem. They will have a genesis NFT that will serve as a mint pass for future drop. Each NFT will be associated with a physical piece and portals will allow for use of the holders personal assets to show up on their physical product!
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