NFT Market Update 2nd February 2023

Coinbase NFT announced “pausing” future NFT drops while specifying that they are not closing their marketplace entirely.

Twitter account @LittleShapesNFT published a 158-page PDF that alleges a group of influencers and founders were involved in market manipulation using bots to artificially pump and dump hundreds of projects since February 2022.

Meme Card #61, “survive at all cost” by @0xTjo, was minted and raised over $64k to support nonprofit organizations addressing mental health challenges.

Cool Cats introduced ‘The Cool Score’, a dynamic score that includes NFT holdings and interactions within the Cool Cats ecosystem, allowing holders to be rewarded for their engagement.