Issuing an NFT doesn’t mean users will stick around, but the allocation rules at least show who the project is opening the door to first. Jinse Finance reported on October 22 (Beijing time) that Yuga Labs announced the launch of Mudwater trading card NFTs on the Solana network. The report also said that, under the official rules, each Bored Ape holder can receive 10 card packs, while each Mutant Ape holder can receive 2. This design serves holders of specific collections first; it is not an open experience for everyone.
Binance spot rolling 24-hour volume: $SOL -2.00% (rolling 24 hours). Binance spot rolling 24-hour volume: $JUP -1.55% (rolling 24 hours). Binance spot rolling 24-hour volume: $RAY -5.47% (rolling 24 hours). These are the respective price changes. They do not show that the NFT launch caused any market movement, nor do they mean JUP and RAY benefited in tandem.
What I’m more interested in is whether holders will keep collecting and trading after opening the packs, or whether the buzz will fade after launch day. The report noted that Mudwater card packs reached a trading volume of 78.3 ETH on OpenSea, but trading volume is not the number of unique users and cannot prove long-term retention. The launch draws attention; whether it brings people back repeatedly depends on what comes next.
Binance spot rolling 24-hour volume: $SOL -2.00% (rolling 24 hours). Binance spot rolling 24-hour volume: $JUP -1.55% (rolling 24 hours). Binance spot rolling 24-hour volume: $RAY -5.47% (rolling 24 hours). These are the respective price changes. They do not show that the NFT launch caused any market movement, nor do they mean JUP and RAY benefited in tandem.
What I’m more interested in is whether holders will keep collecting and trading after opening the packs, or whether the buzz will fade after launch day. The report noted that Mudwater card packs reached a trading volume of 78.3 ETH on OpenSea, but trading volume is not the number of unique users and cannot prove long-term retention. The launch draws attention; whether it brings people back repeatedly depends on what comes next.