The Crypto Market and NBATopShot NFTs
Crypto vs. NBATopShot The Goal: First and foremost, I love NBATopshot and, second, I am a weirdo that likes messing around with spreadsheets and then writing about it. I have downloaded and looked through the NBATopshot data from CryptoSlam (all links below), and I also looked through the historical financial data of both Bitcoin and Ethereum. My goal was to establish if price spikes in these two cornerstone crypto coins had any correlation with sales and/or mass adoption for TopShot. Here is the quantitative data that I have found: The Method: https://finance.yahoo.com/quote/BTC-USD/history/ https://finance.yahoo.com/quote/ETH-USD/history/ https://www.cryptoslam.io/nba-top-shot/sales/summary Using this chart and the data mined from these three sources, a few numbers stand out to me. For the purpose of my dime-store analysis, I looked at a total of seven months: February 2021, March 2021, October 2021, January 2022, February 2022, October 2024, and N...