# The Ordinals Shakeout *Author: Bankless* *Published: May 10, 2024* *Source: https://www.bankless.com/de/ordinals-shakeout* --- [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/image---2024-04-09T180451.461-1-1--1-.png)](https://www.bankless.com/sponsor/mantle-1706216729?ref=playing-fantasy-on-blast&email=true) The Ordinals Shakeout Published on May 10, 2024 [ View in Browser ](https://www.bankless.com/metaversal) --- [**Sponsor: Mantle**](https://www.bankless.com/sponsor/mantle-1706216729?ref=playing-fantasy-on-blast&email=true) — Mass adoption of decentralized & token-governed technologies. [Visit mantle.xyz to learn more](https://www.bankless.com/sponsor/mantle-1706216729?ref=playing-fantasy-on-blast&email=true) .  .  . NFT ROUNDUP Ordinals Slump [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/image---2024-05-10T134947.620.png)](https://www.bankless.com/metaversal)**Price-wise, it was a down week for many NFT projects on Bitcoin, Ethereum, and Solana, yet most of the *steepest* floor drops came among the OG chain's leading Ordinals collections. ** For example, over the past week NodeMonkes dropped -25%, Bitcoin Puppets -30%, Runestones -40%, Bitmaps -17%, and Quantum Cats -8%. Not great. In comparison, CryptoPunks, BAYC, and Pudgy Penguins were -2%, +0.5%, and -0.5% respectively in the same span. Of course, floor prices go up and down, activity and interest around chains ebbs and flows, so it's not that Ordinals can't rip again. It's just that the honeymoon phase is over, and collectors seem to be looking elsewhere for other opportunities at the moment. Down, but not out, though presently it's not clear what near-term catalysts might cause the next Ordinals rally. Only time will tell, to be sure, but the currents are bearish for now. ### **📰 General news** - **Bello** added [wallet watchlists](https://twitter.com/bellosights/status/1787830827973541914) - **Blast** unveiled [its 3rd Gold distribution](https://twitter.com/Blast_L2/status/1788763464145547516) - **ENS** added [support for registering and extending names by date](https://twitter.com/ensdomains/status/1788918983678435373) - **FTX claimants** are receiving [their Solana NFTs back](https://decrypt.co/229892/ftx-claimants-get-solana-nfts-ftt-holders-get-nothing) - **Holograph** unveiled [its HLG tokenomics](https://mirror.xyz/holographxyz.eth/U6QdnpflhQvsiKc1wsHI0ZW9hd8hRWTqRq5Y5Uwcf80) - **Mintify** launched [double XP for Rainbow users](https://twitter.com/Mintify/status/1787875247422632149) - **Nouns** is voting [on sponsoring Onchain Summer](https://nouns.wtf/vote/538) - **Pods** rolled out [crosschain mints](https://twitter.com/CollectPods/status/1788590160285679700) - **Privy** previewed [its new global wallet system](https://twitter.com/privy_io/status/1787577991834607983) - **Umbra** intro'd [its V2, which will feature private NFT payments](https://twitter.com/UmbraCash/status/1787520552921595932) - **Zora** acquired [Mint Fun](https://twitter.com/ourZORA/status/1787862836301169016) ### **🎨 Cryptoart & music** - **Highlight** unveiled [support for $DEGEN and $HIGHER minting via Farcaster Frames](https://twitter.com/Highlight_xyz/status/1788965906007155031) - **Manifold** announced [its new Manifold Studio platform](https://twitter.com/manifoldxyz/status/1789024711852388463) - **Songcamp** is building [a music-first Zora client](https://twitter.com/songcamp_/status/1788924465038159921) ### **🏆 Digital collectibles** - **CryptoPunk 3619** resold [for 215 ETH](https://twitter.com/cryptopunksbot/status/1788970218082947088) ### **📱 Onchain social** - **Friend.tech** intro'd [a casual price curve for club creators](https://twitter.com/friendtech/status/1788285682936578105) - **Nook**, a new Farcaster client, [launched](https://twitter.com/Slokh/status/1786520376539017437) - **Orb** opened [to all Lens users](https://twitter.com/orb_club/status/1787954246467395881) - **Yup** rolled out [new features and deployed $YUP on Base](https://twitter.com/yup_io/status/1788654633000284606) ### **🎮 Decentralized gaming** - **Axie Infinity** released [its latest Axie.App update](https://twitter.com/AxieInfinity) - **Cambria** unveiled [a new 1M $PAC Duel Arena prize pool](https://twitter.com/playdegenarena/status/1788253156507611373) - **Fantasy** concluded [its cards airdrop claim](https://twitter.com/fantasy_top_/status/1787878810135765366) and [first tournaments](https://twitter.com/fantasy_top_/status/1788960789568671792) - **Immutable** reached [+800k Immutable Passport signups](https://twitter.com/soro/status/1787859373873856969) - **Nouns Esports** received [funding to host 3 major Super Smash Bros. Melee tournaments](https://nouns.wtf/vote/534) - **Sky Strife** added [a new map](https://twitter.com/skystrifeHQ/status/1787892436322144655) ### **🪙 NFTfi ** - **Sudoswap** introduced [Basecamp, a DIY memecoin launcher](https://twitter.com/basecampwtf/status/1786549855017476299) - **Uniswap** dropped [a commemorative mint for the 5-year anniversary of Unisocks](https://twitter.com/Uniswap/status/1788565898447471058) ### **🌐 Virtual worlds** - **Decentraland** added [a public and private mode for Worlds](https://twitter.com/decentraland/status/1788633148198355315) .  .  . LET'S PLAY Downstream [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/image---2024-05-10T135754.164.png)](https://twitter.com/redstonexyz/status/1788962508403085589)In recent issues, I've highlighted [Redstone](https://www.bankless.com/getting-ready-for-redstone) and new games on the innovative L2 like Sky Strife, Biomes, and DF Ares. The latest Redstone game I want to turn your attention to? [**Downstream**](https://redstone.downstream.game/). It's a future civilization simulator, and the central gameplay mission is to help a super AI rebuild the world. Practically speaking, you can create your own game zones, adventure in other players' zones, and remix existing builds into new forms. These sorts of simulator games are some of my favorites to play, and if they're up your alley too, Downstream is a charming gateway for diving deeper into the Redstone scene! --- --- *\* Bankless team holds crypto assets and advise crypto projects. [Pods](https://www.bankless.com/de/pods) is included in our disclosures. See our complete investment disclosures [here](https://www.bankless.com/de/disclosures)*