NodeMonke NFT Sale Hits Record $1M as Bitcoin Approaches All-Time High

March 4, 2024
NodeMonke NFT Sale Hits Record $1M as Bitcoin Approaches All-Time High
  • NodeMonkes becomes the top-selling individual Ordinals NFT project, with a record sale of over $1 million in BTC for a single NFT.

  • The project's cheapest listed NFT now commands a price of nearly $54,400, indicating a significant increase in value.

  • Bitcoin Ordinals and Ethereum NFTs are neck-and-neck in sales volume, with Bitcoin NFTs surpassing Ethereum for the first time, fueled by demand for NodeMonkes.

  • A Bitcoin whale's purchase of 6 NodeMonkes for approximately $3.35 million exemplifies the intense interest from large investors.

  • NodeMonkes ranks in the top three NFTs by market cap, with a valuation over $550 million, trailing only Crypto Punks and Bored Ape Yacht Club.

  • The upcoming Sotheby's auction of Gavin the Monke from NodeMonkes' collection highlights mainstream recognition.

  • Anticipation of Bitcoin's halving event, whale activity, and increased ETF inflows suggest potential for further gains in Bitcoin's value and its NFT market.

Summary based on 7 sources


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