ExtraOrdinal Daily #5 | 24th Sept 2024

24th Sept 2024 ||| Issue #5
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Table of Contents

Todays Top Stories

Is Ordinal Autumn Upon Us?

After months off slowly grinding down, the Ordinals ecosystem seems to be warming up! Many projects are showing a classic curved bottom formation and breaking long-term downward trends.

The big question on everybody’s mind: is this the beginning of a rally, or just one final fake out before Uptober begins? While the jury is still out on this, take into consideration that people love to front-run expected pumps, like the well-known Uptober market upswing.

Whatever the case may be, the last few days have seen volume, prices, and sentiment move up and up. If this does turn out to be the beginning of the next major market move and you are here to read this newsletter, stand up and give yourself a short round of applause. You did not fade when times were tough and you might just have survived the second “Ordinals are Dead” winter!

Daily Alpha | Foxxi Bitminers Struggle to Mint Out

Even with all the green in the markets, the DMT/NAT narrative struggles to gain market attention.

Foxxi and Natcats' implementation of Blockdrops kicked off yesterday, but Foxxi's launch saw lower demand than expected. With their public sale still open, only 35% of the total supply has been sold so far.

Even a post revealing the utility of Bitminers did not have much effect in stimulating interest. Can we expect a more hyped launch today around 7pm UTC, when OG DMT collection Natcats launches its Blockdrop functionality? Only time will tell.

Daily Alpha | Kamala Harris Breaks Crypto Silence

After months of silence on cryptocurrency, U.S. Vice President and Democratic presidential candidate Kamala Harris has finally addressed the heated topic.

“We will partner together to invest in America’s competitiveness, to invest in America’s future. We will encourage innovative technologies like AI and digital assets while protecting our consumers and investors,” Harris said at a fundraiser in Manhattan.

Her statement remains vague and could lead to any outcome on the regulatory spectrum—ranging from a supportive and clear regulatory framework to encourage innovation, to a focus on CBDCs and further crackdowns, led by Gary Gensler, under the guise of consumer and investor protection.

Voters will need more direct answers before making an informed decision as election day approaches.

In the meantime, we can take a more active role by supporting local crypto initiatives, offering prayers to our respective gods, and standing behind champions of the space, like Senator Cynthia Lummis, who is featured in the video below:

Unchained Art | Todays Editors Pick

Daily Bites

Todays Markets

Ordinals

Magic Eden | Top 10 Ordinal projects by Volume

With volume absolutely exploding yesterday and today, all projects are moving up in a big way, except for the Bitcoin frogs. Double digit green numbers are the rule instead of an exception today!

Bitcoin Shrooms are doing shroom things, bumping the floor by 60% with just one 1 BTC sale! Taproot witches have shown their resilience as a young project after yesterdays short-lived retracement following their post-launch pump.

If this momentum continues, Ordinal enjoyoors that stayed around during the painful times in the past few months might be rewarded for their perseverance sooner rather then later.

Runes

Magic Eden | All Runes with 0.1+ BTC Volume

Leaving behind yesterdays mixed bag of green and red numbers, today also sports a lush green volume filled jungle of Rune gains. As predicted yesterday, Billion Dollar Cat still doesn’t show any signs of significantly slowing down.

But today it is joined by many other winners: Seiko Hamster is the biggest mover, and another testament to our ExtraOrdinal Alpha caller WhiteCoco4U, who called the Seiko just before it’s massive move.

Another winning move for ExtraOrdinals who pay attention!

Todays Opportunities

ExtraOrdinals Whitelisted mints this week

New week, new list. Check out the mints ExtraOrdinals giveaway winner have coming up this week.

Project

Mintdate

Price

Space3

Sept 24th

Free

Guardians of Ordinals

Sept 25th

0.0004 - 0.00111 BTC

Gomble Games

Sept 26th

Free

Panda Association

Sept 26th

Free

Space Mavericks

Sept 26th

TBA

Current Giveaways

For all our ExtraOrdinals out there, don’t forget to join our giveaways in Discord!

Currently, we have the following raffles running:

  • Primz - Ends 13:00 EST Sept 24

  • Epoch - Ends 13:30 EST Sept 24

More giveaways are expected soon, so join the Discord below and make sure you have notifications on so you don’t miss out when the next ones go live!

Daily Alpha provides you with the information, insight and opportunities to have an ExtraOrdinal day in the Markets! If you have any questions, suggestions, or a desire to contribute, reach out in the ExtraOrdinals Discord!

See you tomorrow!