The Pit Report · Nov 3, 2026
Minehood Miners drop hard after launching their game and token on the same day, Web Hood crowdsources ideas ahead of its free mint, Robin Guards shares disappointing numbers from a paid influencer campaign, Ninefold draws hundreds of collab requests, StreetHood keeps its Spaces going, ITIA opens Genesis applications, Pudgy Penguins recaps a busy October, Bitcoin ETFs see big outflows on Election Day and Mercado Bitcoin pauses after a breach.
The 4,444-piece Minehood Miners collection fell sharply after its skill-based mining game and token went live on Robinhood Chain on November 2. Holders blamed thin liquidity and a rollout that bundled everything at once, though some are sticking around for the nightly rewards.
The spider-themed Web Hood project, now 3,000 pieces, ran a Q&A on X and is handing out mint spots for thoughtful replies ahead of its free mint. Suggestions leaned toward clear rules, lore contests and AMAs, and it has teamed up with groups like WIF Outlaws.
Robin Guards says it paid more than 200 crypto influencers to post twice each about its $5 NFTs, and only 280 sold. The team published screenshots of what it calls botted followers and engagement pods, which kicked off a debate about what actually drives sales.
Ninefold's 999 on-chain artworks, which redraw to show the holder's own NFTs, picked up more than 300 collaboration requests in 48 hours. The mint is coming on OpenSea and the allowlist is still open.
Street Hood Media's live audio rooms on X ran close to around the clock again, with hundreds joining CashPig's November 2 Space. Hoodbitz is building out an interactive Hood City, and Street Hood Minis has fully minted out.
I Think It's Art is giving away 1,111 Genesis artworks as a free mint on Ethereum via OpenSea. Only allowlisted applicants who submit a personal story through ITIAverse by November 18 can take part.
Pudgy Penguins wrapped October with plushies in Asian stores, Kung Fu Tea items at 330 U.S. locations and a new holder hub called The Huddle. NFT owners also got free trading card boosters.
BlackRock's iShares Bitcoin Trust had a $405.3 million outflow on November 2, its largest in more than four months. Bitcoin was testing support in the mid-$70,000s as U.S. midterm voting began.
Brazil's largest crypto exchange paused deposits and withdrawals after about $38 million left its hot wallets. It says no customers lost funds, $11 million has been frozen with partners, and it will cover any losses.
Minting this week: see the Robinhood Chain NFT mint calendar →
News roundup written in our own words with links to the original sources. Not financial advice. Not affiliated with Robinhood.
