I've been playing around with uniq.cx, a NFT Analytics tool released for free by @MrMallory_.
It's a treasure trove of info, normally accessible only by paying hundreds of dollars a month for a tool like Nansen or Icy.
Let's see what insights we can gain!🧵
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Let's focus on one of my favorite Top 10 collections, Beanz uniq.cx/collection/beanzofficial
(Yes, I'm as disgusted as you are on the Zagabond mess, but the artwork is just soooo cute!)
Straight off, Uniq.cx shows high level info such as current FP, resale fee etc.
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One nifty info is the "Break-even Price".
If you were to buy at FP of 1.8E right now, how much do you need to sell it at to break even? That's what this box shows you, after accounting for OpenSea sales fee, royalty fee & Ethereum gas cost (estimated at 0.01E)
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Next comes some cool graphs.
The FP candlestick panel gives you a feel of how the price has been trending, while the Transactions panel shows you what the transaction volume (by # of transactions) has recently been.
The recent nasty red candles are from the Zagabond fallout.
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But what I find *MOST* interesting are the next few panels.
From these I can draw the following insights:
1) 61% of owners have never sold since minting, indicating long-term loyalty
2) Currently there are only 1% of "Paperhands", listing their asset at a loss
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3) Huge # of holders sold off at a loss on 10th May, but that number has been drastically going down
4) Very thin floor; only 9 sales and the FP will rise to 2.14E!
Based on these observations, I feel bullish on the collection.
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Given there are >100 transactions on any given day, a single piece of good news or +ve market sentiment can easily push the FP up to ~2.3E.
So if you buy at FP of 1.8E, it could be an easy 28% flip in a few days.
But will the community forgive & forget the Zagabond fiasco?
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Full disclosure: I am also a Beanz holder if it wasn't already apparent enough.
This is not financial advice, so please do your own research before deciding to invest!
P.S @MrMallory_ how do you pronounce Uniq.cx? I pronounce it as "Uniques" 😝