GM☕️🐳
Daily Market Commentary - 24th of September '22
Fed chair Powell sent the S&P 500 back to June lows and the Stoxx Europe 600 into bear market territory
A perfect week of rektage, bringing more steam to the rektculture! Let’s dive in 👇
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Conversation
2/📉24h Stats
Floor is consolidating around the 0.3Ξ mark with an ongoing focus on aesthetics and rarities for an average price traded 50% above floor
Sales – 14 works of art
Average price – FREE / 0.465Ξ
Highest print – FREE / 0.97Ξ
Current floor – FREE / 0.3Ξ
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3/🔥Top Trades
scored the highest trade at 0.97Ξ for a neat “Iced Hoody” sending the floor on that trait to 1.2Ξ
Followed closely by a 0.75Ξ snipe for a “Rekt Snapback crimson”, sending the floor for that rarity at a whopping 3Ξ, well done !
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4/🐋Rektguy Whales
Legendary trador/collector was cruising into the weekend with another daily purchase, going for the cheapest available “Rekt Eyes” and growing his current bag to 61 rektguys, including a mind blowing 1/1 by
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5/🐋Rektguy Whales
Rektguy specialist & curator “Woke up and found beautiful clean Copium RG near the floor”
Ser, Wen dedicated wing for rektculture?
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6/🎨Art Market
French auction house Caen-encheres.fr was seen snipping a clean “Rekt Violet” / “Wagmi Bottle“ combo 33% above floor
With the rekt-movement bourgeoning on the Crypto-art scene, it is not surprising to see art institutions circling around the collection
Replying to
7/🐦 Tweet of the day
Legendary investor & collector clearly identified current market conditions as perfect for the rekt-culture, giving a strong footing for further acquisitions by rekt-market participants in the coming weeks
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8/ 🍓 Strawberry FOMO
With only 1 strawberry laces listed at 1.6Ξ, the rekt-community was rapidly forming a competing faction to the golden girls, never a dull day in rekt-land!
Quote Tweet
Only 1 strawberry @rektguyNFT listed! 
Where my strawberries gang? twitter.com/Crimson_____/s…
Where my strawberries gang? twitter.com/Crimson_____/s…
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9/👑RektBoss
Artist was seen buying again into his own project, at 0.69Ξ for the culture. More importantly, as we were getting max-rekt by Powell, he was present in the “Dive-Bar” to help collector & mastermind with hair product advice
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10/🏴☠️Last Words
With market uncertainty at an all-time high and levels of rektage not seen since the ’09 financial crisis, will undoubtedly stand the test of time and establish itself as a badge of honour for 2022 nft degenz, don’t sleep on it!
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