# 🧬 Art Blocks Isn't Doing Too Bad, Is It?

*Here is follow-up market analysis on Art Blocks Curated... *

By [Kaloh's Newsletter](https://paragraph.com/@kaloh) · 2022-05-10

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Last Friday, I shared my [first Art Blocks Curated market analysis](https://www.kaloh.xyz/p/-art-blocks-curated-market-analysis?s=w). Today I’m doing a follow-up to explore the evolution in the previous few days. We can now track the floor and listings changes.

**_Before getting into it, this isn’t financial advice. Please do your own research._**

Link to spreadsheet → [https://docs.google.com/spreadsheets/d/1gW0r8ZPRIgFU2xfK6P3TLuN\_Jc0hT1J5A8jdM3uRS88/edit#gid=371251185](https://docs.google.com/spreadsheets/d/1gW0r8ZPRIgFU2xfK6P3TLuN_Jc0hT1J5A8jdM3uRS88/edit#gid=371251185)

![Art Blocks Curated Market Analysis - 10.5.2022](https://bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com/public/images/24c275a7-ae0a-48b1-b3fa-488b35fc84ee_1429x994.png "Art Blocks Curated Market Analysis - 10.5.2022")

[Art Blocks Curated Market Analysis - 10.5.2022](https://docs.google.com/spreadsheets/d/1gW0r8ZPRIgFU2xfK6P3TLuN_Jc0hT1J5A8jdM3uRS88/edit?usp=sharing)

Art Blocks Curated and Ethereum General Stats
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*   As you may know, Ethereum has been going down (as basically all crypto and non-crypto markets). It decreased from ~$2600 to ~$2300 **(30% down compared to one month ago).**
    
*   Yesterday (9th of May 2022), ~1.1M transactions happened on the Ethereum blockchain. We will take this number as a benchmark for future updates.
    
*   General Floors went up by 26%, and 12% up after adjusting to $. **Although most NFTs are down, Art Blocks Curated collections gained value over the past five days.**
    
*   **The number of listings increased considerably from 8.78% to ~11%.** This means holders were trying to sell during these days after seeing the floor gains.
    

### Art Blocks Curated Collections Top Movers

*   Algobots by Stina Jones gained almost 100% on the floor and almost broke the 2 Eth floor barrier (1.94 Eth).
    
*   Ringers by Dmitri Cherniak had the most significant upside in absolute ETH value, as the floor from 35 ETH to 59.9 ETH.
    
*   Vortex by Jen Stark was the biggest gainer after moving from 0.3 Eth to 0.7 (+133%).
    
*   Trossets by Anna Carreras gained 99% on the floor after moving from 0.35 ETH to 0.7 ETH. Trossets was mentioned in the previous analysis as it was in the top 3 on PTFR and PTFRwS (experimental metrics, [I wrote about these metrics here](https://www.kaloh.xyz/p/-a-new-metric-to-find-nft-bargains)).
    
*   Only 720 Minutes by Alexis André lost more than 10% on the floor (from 1.66 ETH to 1.44 ETH).
    
*   When looking at the adjusted floors (the actual gain or losses in $), Endless Nameless, Asemica, Anticyclone, and Unigrids join 720 Minutes as their floors went down more than 10%.
    

### Surprises and Opportunities (For Premium Subscribers Only)

Here are some interesting insights that surprised me and might indicate good opportunities.

Judging by the metrics, the following collections look interesting:

By the number of listings (a low number of listings indicates most collectors are looking to hold the pieces, at least in the short term, which may cause a supply shock and, therefore, an increase in value):

*   [**Elevated Deconstructions**](https://opensea.io/collection/elevated-deconstructions-by-luxpris?search[sortAscending]=true&search[sortBy]=PRICE&search[toggles][0]=BUY_NOW) by luxpris listings went down 1.5%. This might seem like a small change, but it looks interesting considering that collections increased their listings by 2.4%. Additionally, only 6% of pieces are listed for sale.
    
*   [**Chromie Squiggle**](https://opensea.io/collection/chromie-squiggle-by-snowfro) by Snowfro only has 3.5% pieces listed for sale. This is incredibly low.
    

At the moment, the following collections have too many pieces listed for sale:

*   [**Anticyclone**](https://opensea.io/collection/anticyclone-by-william-mapan?search[sortAscending]=true&search[sortBy]=PRICE&search[toggles][0]=BUY_NOW) by William Mapan (16.5%)
    
*   [**Para Bellum**](https://opensea.io/collection/para-bellum-by-matty-mariansky) by Matty Mariansky (16.20%)
    
*   [**Ancient Courses of Fictional Rivers**](https://opensea.io/collection/ancient-courses-of-fictional-rivers-by-robert-hodg) by Robert Hodgin (16.10%). This one, in particular, jumped from 11% to 16.10% listings in five days.
    

Popularity To Floor Ratio with/without supply maintained the same three collections at the top (remember this is an experimental metric):

*   [**Geometry Runners**](https://opensea.io/collection/geometry-runners-by-rich-lord-1?search[sortAscending]=true&search[sortBy]=PRICE&search[toggles][0]=BUY_NOW) by Rich Lord
    
*   [**Trossets**](https://opensea.io/collection/trossets-by-anna-carreras?search[sortAscending]=true&search[sortBy]=PRICE&search[toggles][0]=BUY_NOW) by Anna Carreras
    
*   [**Scribbled Boundaries**](https://opensea.io/collection/scribbled-boundaries-by-william-tan?search[sortAscending]=true&search[sortBy]=PRICE&search[toggles][0]=BUY_NOW) by William Tan
    

In the future, I plan to include the following metrics in the analysis (you could consider them already):

*   Unique Holders:
    
    1.  this metric indicates how well distributed a collection is among collectors. In theory, you would like to hold at least one piece of a collection to have exposure if it goes up, so a well-distributed collection (over 50%) could indicate less future supply as collectors won’t try to sell as often.
        
    2.  Additionally, a not so well distributed collection could be prone to market manipulation. If one person owns too many, they could list significant amounts at any time and therefore drop the value.
        
*   Popularity to Floor Ratio (with Supply) filtered by dates:
    
    1.  Right now, we are factoring in the historical volume of all collections. Ideally, we can filter by the previous X amount of months to find interesting patterns.
        

Until next time,

\- Kaloh

PD: Feel free to reach out in case you have feedback; I’m always trying to get better over time reviewing Art Blocks and other platforms 🤜

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*Originally published on [Kaloh's Newsletter](https://paragraph.com/@kaloh/🧬-art-blocks-isnt-doing-too-bad,-is-it)*
