NodeMonkes NFTs Soar 53%, Overtaking Bored Apes on Bitcoin's Rising Wave

March 18, 2024
NodeMonkes NFTs Soar 53%, Overtaking Bored Apes on Bitcoin's Rising Wave
  • NodeMonkes Bitcoin-based NFT collection's floor price soared by 53%, hitting 0.83 BTC ($55,890), now ranking as the second-largest NFT collection by market cap.

  • The collection's sales volume spiked by 140.8%, reaching over $5.1 million in the last 24 hours, outperforming the Bored Ape Yacht Club.

  • The surge is linked to the adoption of Ordinals technology, shifting the NFT market preference towards the Bitcoin network.

  • Runestone, a fellow Bitcoin NFT collection, also experienced a 40.7% increase in floor price, with a market cap of $306.5 million, making it the sixth-largest by market cap.

  • Bitcoin has overtaken Ethereum and Solana as the top chain in NFT sales for the past week, indicating a major shift in the NFT market that has been dominated by Ethereum since 2021.

Summary based on 2 sources


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