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Hollywood NFTs - Weekend Report

Hollywood NFT collectibles, Play-to-Earn gaming platforms & more in this week's Altcoin report.

Table of Contents

Welcome to the Weekend Altcoin Report.

In this Edition:

  • Market Recap for the week
  • Top 10 Ranking
  • 5 Biggest Gainers this Week (Top 100)
  • Top Small-Cap Altcoin
  • Top Micro-Cap Altcoin
  • Top Nano-Cap Altcoin
  • Altcoin Pick for November

Market Recap:

Bitcoin is up 2.76% in the last week which is better than forecasted. As many of us would like to see Bitcoin continue its bull run and continue to reach new all-time highs, we don't see this happening in the short term.

The price of Bitcoin is currently sitting at $62,319

‌As the price of Bitcoin continues its sideways movement, the cryptocurrency industry as a whole continues to grow. Total market capitalization is $2.77T, up from $2.60T last week.

Bitcoin Dominance

As the cryptocurrency market continues to grow, Bitcoin's dominance within the market continues to decrease. As shown in brown, over the last eleven years Bitcoin as a percentage of total market capitalization is continuing to decrease, with a  significant decrease within just the last few months.


Top 10 Ranking:

Solana continues to move up the charts, moving up one place to 4th position, with an impressive 25% increase in price from last week. While Binance has also increased in price by 25% in the last week. However, Binance still has a long way to go before it will compete with Ethereum for second place.

Missing from the list this week is SHIB, which at one point took over Dogecoin for a short period before falling off the Top 10 list and now sits at 11th position.

At this point, I'd like to draw your attention to a trend which has been taking place over the last few weeks I would like my subscribed to take advantage of.

In this market, platform coins are doing particularly well. Binance (+25%), Solana (+25%) and Polkadot (+22%) are all platform coins. As more projects move to these platforms (instead of Ethereum), we will continue to see long-term growth on these as well as many of the newer up-and-coming platform projects (see: Top Small-Cap below).

Binance Coin

It's our opinion that the Binance coin is significantly undervalued. Even though the price of BNB is currently sitting at $655, we see this price reaching much higher levels - a price potentially equivalent to Ethereum.

The Binance smart chain network is the dominant network being used for many new cryptocurrency projects, especially within the play-to-earn gaming sector. As this sector continues its massive growth, it will help to continue to push the price of BNB to much higher levels.

Will Binance overtake Ethereum as the second dominant cryptocurrency? We plan on publishing more analyses on this in the upcoming weeks for our paid members.

5 Biggest Gainers this Week (Top 100)

These are the biggest gainers this week within the top 100 (by market cap):

The biggest gainer this week is Kadena (+141%), another blockchain platform backed by a strong team offering what they call a safer and stronger blockchain. It is yet another example of a platform coin/token doing very within this strong market.

Looping is up 132% in the last week and is a protocol for high-throughput, low-cost trading; a layer over Ethereum. This project helps to address the high gas fees experienced by Ethereum, hence its popularity.

On the list for the second week in a row is The Sandbox, up 53% which is a decentralized gaming platform catering to play-to-earn gaming.

Helium, a very interesting project on its own, is looking to start a wireless revolution by moving towards a decentralized wireless infrastructure. From what I have been hearing their mining machines (LongFi Hotspots) can be very lucrative if you live in a dense metropolitan area. More information on their LongFi miners here.

Top Small-Cap Altcoin

Altura Labs

This is the second week in a row Altura has made this list.

Altura is a promising gaming platform built for developers and gaining a lot of popularity over the last month. It offers an easy-to-use interface and API for creating Smart NFTs and an open marketplace for transacting NFTs. As the NFT space grows, more developers will be looking for easy-to-use platforms. I am a big fan of platform projects and Altura seems to have the right mix. We will be keeping out an eye on this one.

Altura is up 700% over the last 30 days and as this platform continues to increase in popularity, its market price will likely continue to increase. It is currently trading at $0.34 and ranked #327 with a market capitalization of over $214 million.

Links: Website | CoinMarketCap

Top Micro-Cap Altcoin

Mogul Productions - Movie & Hollywood NFT Collectables

I have been waiting for Hollywood to come out with their own NFT's and with the team behind Mogul Productions, I think I have found it.

Mogul Productions is a decentralized film financing (DeFiFi) and movie-based NFT platform that connects creators, movie fans, and film financiers in one place.

If you were wondering where to find the latest Hollywood NFT's, this will likely be the place. This looks to be the premium DeFi and NFT Marketplace platform for the film & entertainment industry.

With a market capitalization sitting at $33 million, it sits nicely within the Micro-cap category. This token is currently traded at $0.10 and ranked at #729, and it is moving fast.

Links: Website | CoinMarketCap

Top Nano-Cap Altcoin

Black Eye Galaxy - Play to Earn

Sitting within the Nano Cap level is Black Eye Galaxy, a compelling virtual space metaverse powered by Ethereum and Binance blockchains.

In this virtual world, players can buy planets and solar systems, explore the galaxy and mine and sell planet resources. In-game content can be bought and sold as NFTs.

The project is built and run by a small team out of Ukraine, has over 15k Twitter followers and looks to be the start of a very popular virtual space metaverse game.

Ranked #3303 with a market capitalization of $6.5 million and currently trading at $0.38

Links: Website | CoinMarketCap

Altcoin Pick for November

Our altcoin pick for November will be released within the week to our paid members.

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Thanks to all our subscribers and members. Your support is greatly appreciated!

Until next week, trade strong and be legendary.