Introduction

Magic Baby Monsters is a collection of 5,000 hyperrealistic Magic Baby NFT, All 1/1 NFT on the Optimism network using Quix. The idea of Magic Baby Monsters is to have a PFP collection of all 1/1 legendaries that are of limited supply. Magic Baby Monsters are lovely pieces that express a world view. Focusing on reflecting social substrates in its design.

• Launchpad Link:
• Magic Baby Market on Quix:

In recent weeks, This cute NFT collection has attracted many NFT users to itself to the extent that based on several sources and also Quix Official Stats page, this collection is one of the most trending NFT projects at the moment.

Moreover, on 28th October, Magic Baby Monsters officialy announced that they are now officially a partner of Quix and All MagicBaby trades will get traders 2.4% back in $OP in addition to existing Quix rewards! Trades to get 1000 $OP!

Methodology

On the occasion of this massive rise during recent weeks and also in honor of Magic Baby's partnership with Quix marketplace, I am going to perform a deep analysis of this NFT collection’s Mints, Sales, and Trades.

So, For this analysis, I am going to mainly use optimism.core.ez_nft_sales table for sales and optimism.core.fact_event_logs table for mints considering that Magic Baby Monsters NFT contract address is 0x2831Aa51DE4E3bB318Cf01eAcd8a7FdbB440ac3A.

Mints Stats

According to the left data, There were total 1000 mint transactions made by 1000 unique minters that created all of 5000 Magic Baby Monsters.

So, all 100% of Magic Baby monsters all minted by 1000 unique users.

Based on the left chart, all of Magic Baby Monsters were minted on 2 days during 2nd and 3rd October 2022.

The activity of mints on 3rd October was more than 2nd Ocobter.

3750 of 5000 tokens were minted on 3rd October by 750 minters and the other 1250 tokens were minted on 2nd October by 250 minters.

And as we see, each minter has exactly minted 5 Magic Baby Monster.

Magic Baby Monsters Minters have the most crossover with the Optimistic Explorer and Rabbithole NFT projects’ minters.

The NFT collection Optimism FURRY is on the 3rd rank on this chart.

The crossover ratio of Magic Baby Monsters with these collections is higher than usual (almost 90% minters crossover with Explorer and RabbitHole!)

Overall Sales and Trades Stats

According to the above data, the total number of trades on the Magic Baby Monsters collection is 871 Transactions made by 775 buyers and 588 sellers who have traded 335 tokens with total volume of 19k USD. So, 4665 tokens = more than 93% of all minted tokens (5000 total tokens – 335 traded tokens) were not being traded and seem are being held by their minters.

The average volume of sales is $21.8 and the median volume is $19.5. The Minimum volume of sales is only $0.23 while the maximum is $590 (high difference).

Also, we can see more than 87% of total Magic Baby Monsters sales were done with $10 - $25 volume and only 10.4% sales are done with $25 - $50 price. the share of other prices is very low.

Despite the crossover of Minters, We can see there is a very low purchasers’ crossover of this collection with other NFT projects’ purchasers.

For example, the top collection that had the most purchaser crossover with Magic Baby Monster is Project Galaxy and only has about 5% crossover!

Tokens Stats

The average holding time of tokens by Magic Baby Monsters purchasers is almost 2 days.

Most number of this collection’s buyers (72%) have totally held their purchased token less than 1 day and there are 19.4% of purchasers that held their token less than 1 week.

Daily and Over-Time Stats

In an average day, there are 25.6 sale transactions on Magic Baby Monsters collection made by 24.4 buyers and 22.9 sellers with 558 USD volume.

Based on the above charts, most number of sales on Magic Baby Monsters collection have achieved on 12th October. On this day, most number of new and active traders (both buyers and sellers) were also attracted to this NFT project on Quix.

But the average and total volume of sales during the first day of Magic Baby Monster launch (3rd October) was at its highest amount.

In all charts, we can see decreasing trend line since the first days of launch till Mid-Octoiber, but after a while (~after 18th October) we can see again increasing trend of Magic Baby Monster sales over time till today.

The average volume of sales for this collection is also increasing over time meaning that the tokens' price is increasing.

Based on the above charts, Wednesdays (including 12th October) are the most popular weekday for Magic Baby Monster NFT collection users because most number of trades and volume of trades and also number of active traders have achieved on this weekday.

Purchasers Stats

Based on the above data, an average Magic Baby Monster purchaser has performed 1.124 purchase transactions (1.119 traded tokens) with total 24.5 USD spent volume. So, we can say Magic Baby Monsters purchasers are not very active.

Moreover, we can see most Buyers have only purchased 1 token in 1 transaction and have totally spent between $10 - $25 for buying Magic Baby Monster tokens. Buyers with 2-5 traders (2-5 tokens) and $25 - $50 spent volume are on the second rank.

The user address 0x2cced186c0b172443884b0dae52695e847ee010d has performed the most number of purchase transactions (16) with total $350 purchase volume. This user has also traded the most number of tokens (16).

But The user address 0x0001fb42eb33dde07c497b36c8e306a2c960c63a has spent the most volume (649.19 USD in 5 Transactions) for purchasing tokens on Magic Baby Monsters collection.

Our most active Magic Baby Monster purchaser (0x2cced186c0b172443884b0dae52695e847ee010d) is also currently holding the most number of his/her purchased tokens (10 tokens out of 16 purchased tokens)

Sellers Stats

Based on the above data, an average Magic Baby Monster Seller has performed 1.481 sale transactions (1.476 traded tokens) with total 32.3 USD gained volume. So, the sellers on this collection are more active than purchasers.

Moreover, we can see most number of this collection’s sellers have totally performed 1 sale transaction and sold 1 token with total $10 - $25 gained volume from these sales.

The user address 0xbcdd7068813522ec00aba126105a62ba5afd14f0 is the most professional Magic Baby Monsters NFT trader since he/she earned the most net profit from buying and selling these NFTs with a total $537.39 earned profit.

The user address 0x2cced186c0b172443884b0dae52695e847ee010d (who was also the most active purchaser) has performed the most number of sale transactions (10) and also sold most number of tokens (10) and his/her total gained amount is $242.23

the user address 0xbcdd7068813522ec00aba126105a62ba5afd14f0 has gained the most volume from selling tokens ($679.2)

Token ID #4906 is the most expensive sold token in Magic Baby Monsters collection with $590.42 price.

Token ID #4967 is the most traded token with total 52 trades and has also the most total volume of trades with more than $671.72 USD

On the right, you can see the picture of Token ID 4906, the most expensive Magic Baby Monster till today ====>

Summary and Conclusion

• There are total 1000 mint transactions made by 1000 unique minters that created all of the 5000 Magic Baby Monsterstill today.

• All minters have minted exactly 5 Magic Babies.

• All mint transactions were done within 2 days (2nd and 3rd October)

• Magic Baby Monsters minters have high crossover ratio (almost 90%) with Optimistic Explorer and also Rabbit Hole NFT Collection minters. But the crossover ratio of this collection’s purchasers with other projects is very low (less than 5%)

• The total number of trades on the Magic Baby Monsters collection is 871 Transactions made by 775 buyers and 588 sellers who have traded 335 tokens with total volume of 19k USD. So, 4665 tokens = more than 93% of all minted tokens (5000 total tokens – 335 traded tokens) were not being traded and seem are being held by their minters.

• Token ID #4906 is the most expensive sold token in Magic Baby Monsters collection with $590.42 price.

• 0xbcdd7068813522ec00aba126105a62ba5afd14f0 is the most professional Magic Baby Monster NFT trader since he/she earned the most net profit from buying and selling these NFTs with a total $954.71 earned profit.

• Sellers on this collection are more active than buyers but both groups has low activity.

• the Majority of sales on Magic Baby Monsters collection were done with $10 - $25 volume. Also most number of buyers and sellers have totally spent/gained $10 - $25 for/from purchasing/selling these tokens.

• There was decreasing trend line of sales activity from the first days of launch till Mid-October, but after a while (~after 18th October) There is again an increasing trend of Magic Baby Monster sales over time till today.

• The most number of sales on Magic Baby Monsters collection have achieved on 12th October. On this day, most number of new and active traders (both buyers and sellers) were also attracted to this NFT project on Quix.

  But the average and total volume of sales during the first day of the Magic Baby Monster launch (3rd October) was at its highest amount.

• The average volume of sales for this collection is also increasing over time meaning that the tokens' price is increasing.

Discord: Ali3N#8546 Twitter: Alik_110 Tweet Link For This Dashboard: