For the Love of the Game (Market Commentary) |
It’s Ethereum’s time to shine after years of traders wondering if its best days were in the
past.
Today, ETH hit its highest price since December 2021, hitting $4.47K and showing no signs of slowing down. Today’s market move follows mixed CPI readings and a record high ETF inflows on Friday of $1.01B.
Now we’re inching closer to rate cuts, which are expected to come in September. By that point, alt season should be in full effect with the entire crypto market showing no signs of slowing down.
Fasten your seatbelts for a hot end-of-summer
run.
Animoca Brands' Major Cool Cats Investment
NFT season is starting to heat up, and Animoca brought some spicy news last week with their acquisition of a majority stake in Cool Cats Group.
- Cool Cats are one of the iconic NFT collections that launched around the same time as Bored Ape Yacht Club, Doodles, and CyberKongz, and have seen $411.69M in lifetime sales.
- The partnership will drive innovation and growth through community engagement, new market opportunities, and integration into the Animoca Brands ecosystem of Mocaverse and Moca Network.
- Animoca’s Executive Chairman and Co-Founder, Yat Siu, and Kenneth Shek will join the Cool Cats board.
- Plans include developing play-to-earn games, merch, and more.
Beeple hosted his 2nd in-person CryptoPunks party, and near the end of the festivities, he trolled the audience with an announcement about Nakamigos being created by Larva Labs.
- During the party, Beeple played a video featuring the Larva Labs team that was modified to
have Beeple’s voice explaining the fake V-0 Punks news.
- Not realizing the story was fake, many NFT traders started sweeping Nakamigos NFTs and sending them to a .45 ETH floor from .15 ETH.
- After some traders made posts saying they felt misled, Beeple released an apology video and also a website to claim a free NFT. This was yet another troll.
Donald Trump signed an Executive Order on Thursday that opens the door for 401k investors to diversify their investments into crypto, real estate, and other alternative assets.
- The new EO directs the Secretary of Labor to reexamine fiduciary duty guidance and collaborate with regulators to enable alternative investments.
- There is currently $12.5T in 401k assets, today, which means a small 1% allocation would send $125B into crypto.
- Once initial allocations are made, continued crypto buy-ins via weekly paychecks could see the crypto market reach record volume.
Coinbase brings Base tokens like SWARM to Millions
On Friday, Coinbase began its DEX integrations in its Coinbase Wallet, enabling tokens on Base (like Virtuals agent tokens) to be purchased directly.
- The rollout of new token access starts in the US (excluding NY), and will expand to more assets and countries.
- Solana support will also grow through the Coinbase app.
The AI market is up 22.21% in the past 7d to a 12.82B market cap. Top token movers include TOSHI +38.89, USDT +39.24, FET +8.71%, VIRTUAL +9.07.
- Top launches on Virtuals this week were $FACY ($2.38M), $RING ($3.53M), and $INU ($174K).
- The Swarm Report welcomed over 20 Virtuals and AI builders + over 6k views to our epic 12-hour mega
stream last week. Guests included SongJam, CryptoSlam, Near, Athena, Arbus, Amplifi, Agent Sploots, Cardify Club, and more.
- SWARMcopilot now offers a free tier with IQ, Flow, Epoch, and Mass, while the premium unlock is
just 25,000 SWARM.
- Virtuals delivered site updates, including project forums, as well as limit buys + stop loss sells, and also announced that ACP will run on USDC, not VIRTUAL tokens.
- Pudgy Penguins are partnering with Holoworld AI to help Pudgy holders create AI
content.
- Axelrod’s trading terminal is back online after over 1 week of downtime.
- Sage to Learn, head of the Virtuals ACP Education cluster, delays their launch by a full
week.
The NFT market is picking up steam after another week of increasing sales volume and some massive sales.
- CryptoPunks were the king of NFTs over the past 7d with $21.31M in sales, a massive 720 ETH ($2.56M) sale for a rare Ape Punk #1021, and 19 sales over $250K.
- The largest 1/1 digital art loan ever took place on the GONDI platform. CozomoMedici received $1M
against his XCOPY “When Aidrop?”.
- CryptoFish were a surprise hit this week, seeing $2.04M in sales in just a few days after the 2,145 ed collection caught fire 3 months after
mint.
- ArtBlocks announced 5 new upcoming releases as part of their 5-year anniversary celebration that
will conclude 500 project releases.
- Doodles Dullsville and the Doodleverse animation won Gold at the Australian Effects & Animation
Festival.
- CloneX is on its comeback arc months after being dumped by Nike. A group called CloneX Revival has purchased 100 NFTs for 38.14 ETH this week, and holds 226 total in hopes of reviving the community.
- Pudgy Penguins unveiled their new APAC account for Igloo Inc. to help grow their brand and reach
throughout Asia.
- NFT sales climbed 9.25% last week to the 5th highest total in 2025.
- Trade profits, for the 2nd week in a row, hit a new 2025 high with $4.47M in profits this week.
- Sellers, buyers, and transactions were all down this week, but the average sale price rose over 11% to bring total weekly sales past last week’s total.
ETH NFT Composite - 704.79 (+5.60%) SOL NFT Composite - 528.17 (+3.28%) POL NFT Composite - 3.37 (-1.17%) CAR NFT Composite -
266.34 (-2.84%)
Top Gainers 7d LDO - $1.58 (+75.4%) LINK - $23.79 (+45.4%) ENA - $0.811 (+38.8%) CRO - $0.1689 (+25.0%) LSETH - $4,827.89 (+24.8%) Top Losers 7d XMR - $253.93 (-12.9%) XDC - $0.08948 (-3.5%) IP - $5.81
(-3.4%)
FLR - $0.02255 (-3.4%) GT - $16.54 (-3.3%)
Virtuals Agents SAGE Date - Aug 20 Blockchain - Base
Token - $SAGE
Shumi Date - Aug 21 Blockchain - Base Token - $SHUMI
Rogen Date
- Aug 22 Blockchain - Base Token - $ROGEN NFTs Nodes Date - Aug 12 Blockchain - Base Price - .005 ETH Coins by Pixellord Date - Aug 13 Blockchain - Base Price - .02 ETH |
A machine learning paradigm where an AI system learns by interacting with an environment, receiving feedback in the form of rewards or penalties, and adjusting its actions to maximize long-term success. It’s commonly used to train agents in
tasks like trading, gaming, and autonomous decision-making, where trial-and-error is essential for mastery.
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