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- January 27 - 31: This week in NFTs, recapped in one letter
January 27 - 31: This week in NFTs, recapped in one letter
Right Click, Recap is a weekly newsletter that helps you stay in the loop of the ever-changing NFT market and its community.️
Gm gm,
AI has been the meta for a while now but boy did things get spicy this week.
Chinese company DeepSeek exploded onto the scene, sending shockwaves through the tech world. DeepSeek R1 is an open source AI model built at a fraction of the cost of anything we’ve seen to date, and with arguably simpler tech. Naturally, Nvidia stock plummeted, as did the rest of the tech stock market and crypto markets followed suit. Talk about shaking things up.
The long-awaited Abstract Chain launched this week, racking up insane numbers on day 1, particularly on their live streams. Exciting times for consumer crypto.
Big news from NFT OGs as Burnt Toast steps in as Doodles’ CEO, and Penguins partner up with Pez.
When your sane friends ask what you do all day in crypto:
Kaloh’s got the right attitude:
It’s really exciting to see so many things happening in the crypto space in multiple fronts
It wasn’t like this for over 4 years, even during the previous bull. At that time there were 2 or 3 basic things happening (defi, art, collectibles)?
Now we have new and old flavours of… x.com/i/web/status/1…
— Kaloh (@Kaloh_nft)
10:55 PM • Jan 30, 2025
It seems like scams are ramping up these days, with Visa, Time, and The UFC’s X accounts all hacked and all shilling meme coins. Be extra careful folks!
Don’t forget to claim your $PENGU. The claim period ends in 4 days and there’s still 15% just sitting there!
PumpDotFun has been accused of violating securities laws in the US and is facing a class action lawsuit. PumpDotNotFun.
Gm Rik Oostenbroek…see you soon.
gm.
transitions.
— Rik Oostenbroek (@RikOostenbroek)
9:31 AM • Jan 31, 2025
Always act on impulse.