Bitcoin NFTs set their daily sales record so far this year over the weekend, even surpassing Ethereum this week.
Following a sudden surge in Bitcoin ordinal-based NFT series, led primarily by the NodeMonkes series, sales of Bitcoin non-fungible tokens (NFTs) have increased over the past 7 years. Just surpassed Ethereum within a day.
Bitcoin NFT sales surged 80% month-on-month to $168.5 million. Three of the five best-selling NFT series this week are based on Bitcoin Ordinals of. According to CryptoSlam, Ethereum sales are only $162 million! data.
Launched in January 2023, Ordinals provides tools for creating NFT-like assets, allowing users to insert files such as images into into satoshis (sats), the smallest unit of Bitcoin.
Unclassified serial numbers (not part of any series) had the highest sales, with over 47,000 transactions and a value of over $43 million sold.
It was followed by the Bitcoin-based NodeMonkes series with sales of over $41 million, a nearly 170% increase from the previous week. The Ordinals Series Natcats ranked fourth this week with sales exceeding $10 million.
NodeMonkes is a collection of 10,000 unique pixelated profile pictures (PFP)-style ordinal numbers launched in December. Is the first 10,000 strong set on Bitcoin.
Other 10,000-count Ordinals collections have previously launched, but the NodeMonkes team burned theirs into the Zone in February 2023, a month after Ordinals launched. on the blockchain.
X user "NFTstats" posted on March 2 that NodeMonkes' market capitalization exceeds $500 million, making it the third largest PFP among all blockchains NFT collection, second only to the Ethereum-based Bored Ape Yacht Club (BAYC).
NFT collection GRAYCRAFT founder Kevin Wu wrote in a post on February 22 that NodeMonkes has "meaningful provenance" because it is " The first ever PFP-style NFT collection on the chain, which gives it a “great competitive narrative” that speculative investors can buy into right now.
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