Data-Driven NFT Trading Secrets Unveiled
Compilation of FREE Resources for NFT Trading Mastery
Kadeem Clarke
March 15, 2023
A data-driven approach to NFTs can help you get an edge over 95% of traders.
Here are some must-needed FREE resources which can take your NFT game to the next level 👇
In this post, we share resources for:
• NFT dashboards for discovery & analysis
• How to evaluate communities
• Some awesome threads on finding and evaluating NFT projects
• A few great NFT Twitter accounts worth following
1️⃣ NFT Market Overview
It's tough to keep track of fast-moving markets.
Here's a dashboard by hildobby to get a high-level overview of the NFT market
You can use it to see:
• Trending Projects
• Projects Ranked by Volume
• Trading Volume
2️⃣ NFT Influencer Transactions by Santiment
Influencers often have more information than you do.
Sometimes they shill their bags which impacts the price of the NFTs.
You can use this dashboard by Santiment to track what are they Buying or Selling.
Note: Sometimes scammers airdrop NFTs to these wallets to make people think the influencer bought them.
Make sure to double-check before coming to any conclusions!
3️⃣ Recent Sweeps by Nansen
This dashboard by Nansen will help you find projects early.
It shows you which projects people are sweeping in bulk.
People only buy in bulk if they have some ALPHA or have very high conviction in the project.
For example, you can see from the image below that 10 NFTs were swept by "0x287.." from the collection "God Hates NFTs"
4️⃣ Most Successful Opensea NFT Traders
This dashboard shows you data about the most successful NFT traders on Opensea.
These people have a lot more experience and alpha than you do.
Tracking them in real-time, and observing their behavior can help you find NFT alpha.
5️⃣ Opensea Stolen Assets
Before making any major NFT purchases, make sure you aren't buying anything stolen.
Stolen assets can be frozen by Opensea.
So better safe than sorry.
6️⃣ NFT Project Deep Dive
After finding a project:
• Copy the contract address from Etherscan
• Paste into the red box
• Click "Apply All Parameters"
Now you can find everything you need to know about the project using this dashboard by Rantum
7️⃣ Evaluating Crypto Communities
Now that you know how to find and investigate NFT projects using Dune Analytics Dashboards, it's time to analyze one of the most important parts of NFT projects: Community.
Here's a fantastic thread about evaluating crypto communities by Covduk
8️⃣ How to Flip NFTs Profitably
And since most of you are here to flip NFTs, here's an amazing thread by Pothu with advice about how to flip NFTs profitably 👇
9️⃣ How to Evaluate NFT Projects
Pothu has also shared a great 🧵 about how to evaluate NFT projects.
Definitely worth a read if you're diving into this space.
1️⃣0️⃣ Essential Dune Analytics Dashboards
NFT God has also shared some essential Dune Analytics dashboards previously that we found very helpful...
1️⃣1️⃣ Must-Follow NFT Twitter Accounts
And finally, here are some great accounts to follow in the NFT space:
• Loopifyyy: https://twitter.com/Loopifyyy
• Nansen_intern: https://twitter.com/nansen_intern
• DCLBlogger: https://twitter.com/DCLBlogger
• NFT_GOD: https://twitter.com/NFT_GOD
• Zenecca___33: https://twitter.com/Zenecca___33
• Punk6529: https://twitter.com/punk6529
• CryptoPothu: https://twitter.com/cryptoPothu