Bitcoin Ordinals NFT Craze: NodeMonkes Sees 53% Surge in Floor Price

  • March 30, 2024
Bitcoin Ordinals NFT Craze: NodeMonkes Sees 53% Surge in Floor Price

NodeMonkes, Bitcoin’s premier NFT collection, has actually risen by over 50% in the previous 24 hours, going beyond Bored Ape Yacht Club (BAYC) in market capitalization.

According to information from CoinGecko, NodeMonkes experienced a 53.3% rise in its flooring rate, making it the second-largest NFT collection in regards to market cap.

NodeMonkes and Runestone’s Floor Price Surge

On Monday early morning, Asian time, the flooring cost of NodeMonkes rose to 0.83 BTC, around $55,890, with its market cap increasing to $558.9 million, exceeding the Bored Ape Yacht Club in market capitalization.

Especially, NodeMonkes’ sales have actually likewise experienced a boost, increasing by 162.0% over the previous 24 hours to reach a sales volume of roughly $5.5 million, as reported by CryptoSlam.

In a concurrent advancement, Runestone, another Bitcoin-based NFT collection, observed a rise in its flooring cost, marking a 125% boost within the last 24 hours and raising its market capitalization to 4,799 BTC, comparable to $326,255,216. This upswing has raised Runestone to the sixth-largest NFT collection by market capitalization.

Runestone Dominates NFT Marketplaces

Runestone has actually likewise become the leading NFT collection throughout different multi-chain assistance markets. Information shows that Runestone holds the leading area in sales on platforms like OKX and Magic Eden.

Magic Eden, in specific, has actually seen Runestone create a trading volume of 198 BTC, comparable to around $13.4 million. OKX has actually seen a significant trading volume, with Runestone NFTs generating an overall of 268 BTC, approximately comparable to around $18.2 million considering that its intro.

Currently, the flooring cost for a Runestone NFT stands at about 0.042 BTC, roughly $2,982, on Magic Eden, and 0.044 BTC worth approximately $3,009, on the OKX NFT market.

RUNESTONE JUST BECAME THE TOP COLLECTION ON BITCOIN AND THE THIRD LARGEST NFT COLLECTION IN THE WORLD BY MARKET CAP AND AT 0.069 BTC FLOOR WE OVERTAKE BAYC AND MAKE A STATEMENT SO LOUD THAT IT WILL BE HEARD AROUND THE WORLD FREE AND FAIR IS A MOVEMENT pic.twitter.com/q6X35V6SUA

— Leonidas (@LeonidasNFT) March 17, 2024

Leonidas, a popular NFT historian and the creator of Ord.io is credited with developing the Runestone NFT collection. Unlike standard NFT launches, Runestone’s circulation approach included an airdrop to Ordinals holders, needing ownership of a minimum of 3 engravings to get approved for an NFT.

Information from Magic Eden reveals that the Runestone collection has 90,000 owners, with 2.5% noted on the market, while 1.25% of the collection is noted on OKX, with around 88,000 owners.

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