🙄 Game of Thrones NFT collection sells out in record time

🙄 Game of Thrones NFT collection sells out in record time 💪  BNB becomes the 4th largest crypto 🤯 Manchester City football club joins the metaverse in partnership with Sony: bad idea or brilliant move?

GM, frens.

In case you missed it, we just got listed on OKX wallet and DEX!

What does this mean? Well, first of all that means more exposure for $VEMP, so more people will now be trying to get their hands on it. Also, now you can do more with your $VEMP tokens.

We keep building, and you keep hodling. This is the winning combo.

Now for what’s been happening out there:

🙄 Game of Thrones NFT collection sells out in record time 

💪  BNB becomes the 4th largest crypto 

🤯 Manchester City football club joins the metaverse in partnership with Sony: bad idea or brilliant move?

Game of Thrones NFT collection sells out in record time

Game of Thrones NFT collection sold out on Nifty's NFT marketplace in record time. It wasn't what we thought it would be though, as the artwork for its avatars was lacking, to say the least.

Despite the funky art, the collection still proved to be popular and sold out in just seven hours. Each NFT package contained an avatar, resource cards, and story cards, with the original minting price set at $150. However, due to high demand and market speculation, prices have dropped to a floor price of 0.07ETH ($93). When they say that the NFT market is unpredictable, this is definitely a great example.

The collections' founders also want to give their fans more options and have announced that a second series of Game of Thrones NFTs will be launching soon on OpenSea. Hopefully, they'll be of much better quality this time around though.

BNB becomes the 4th largest crypto

BNB has surpassed USDC due in part to its rally and USDC's retreat. According to CoinMarketCap, BNB is now the fourth-largest cryptocurrency with a market capitalization of $45.5 billion. On the other hand, USDC has dropped to fifth place with $43.8 billion in circulating supply.

BNB pumped more than 12% this month, which is its highest point since early December. The surge of the Binance Coin could be attributed to the increasing popularity of decentralized exchanges and NFTs, as well as increased investor interest in the cryptocurrency market.

The sudden growth of BNB comes at a time when stablecoin dominance is declining. Earlier this year, stablecoins accounted for almost 19% of the entire crypto market, but that number is steadily decreasing. This drop in stablecoin dominance has opened the door for BNB to take its place as one of the top four cryptocurrencies by market value.

It's also possible that the BNB rally was fueled by the news of Binance registering with Sweden's Financial Supervisory Authority. This move has made Sweden the seventh European jurisdiction in which the crypto exchange has been granted approval, allowing Swedish residents to buy and sell crypto in euros, use Binance's staking service, and much more.

Overall, it appears that the markets are slowly becoming more bullish, as investors favor cryptocurrencies with higher potential for growth over those with a more stable price. This could be the beginning of a new phase for the crypto market, and it will be interesting to see how the trend continues in the coming months.

Manchester City football club joins the metaverse in partnership with Sony: bad idea or brilliant move?

Another football club, Manchester City, has also joined the metaverse game. The club and Sony Corporation have announced a "Proof of Concept" metaverse experience that gives fans the ability to create and customize their avatars, then join them in a simulated Etihad Stadium.

The two companies revealed a sneak peek of the metaverse experience at CES 2023, showcasing avatars that were able to communicate with each other in a new way. Sony Global also discussed how the metaverse will change the way people interact in gaming, giving players the opportunity to interact with their favorite teams and players as never before.

Is it going to be any good? Sony certainly isn't known for putting out bad experiences, at least most of the time, so it's likely that the experience should be interesting. No one to date was able to salvage the idea behind the metaverse though, so there's still a lot to be seen.