Sales of Bitcoin Frogs, an NFT collection based on the Bitcoin network, reached $2.24 million per day with 602 transactions, overtaking Bored Ape Yacht Club (BAYC). This is evidenced by the data CryptoSlam.
BAYC is the largest collection in terms of total market share, but in the last 24 hours, it has ranked only fourth in sales – $1.1 million with 11 transactions.
In May, the trading volume of Bitcoin Frogs amounted to $6.65 million. In March and April, this figure reached only $246,000 and $52,000, respectively.
The total number of holders of the Bitcoin-NFT collection reached 2,785 with an issue of 10,000 tokens. The average holding time for an asset is about 13 days.
IN Discord channel The Bitcoin Frogs initiative is described as a “free project” designed to “encourage adoption of the Ordinals technology”.
Meanwhile, total sales of NFTs based on the Bitcoin network are rapidly gaining momentum. Over the past day, the indicator increased by 57% to $8.3 million. At the same time, the dynamics of Ethereum tokens decreased by 18%.
Recall that in May, Bitcoin Core developer Luke Dash Jr. proposed using a “spam filter” for BRC-20 and Ordinals standard tokens due to their negative impact on the network of the first cryptocurrency. According to him, such an approach would help “weed out” the transactions associated with them, which Dash called “garbage”.
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!
Sales of Bitcoin Frogs, an NFT collection based on the Bitcoin network, reached $2.24 million per day with 602 transactions, overtaking Bored Ape Yacht Club (BAYC). This is evidenced by the data CryptoSlam.
BAYC is the largest collection in terms of total market share, but in the last 24 hours, it has ranked only fourth in sales – $1.1 million with 11 transactions.
In May, the trading volume of Bitcoin Frogs amounted to $6.65 million. In March and April, this figure reached only $246,000 and $52,000, respectively.
The total number of holders of the Bitcoin-NFT collection reached 2,785 with an issue of 10,000 tokens. The average holding time for an asset is about 13 days.
IN Discord channel The Bitcoin Frogs initiative is described as a “free project” designed to “encourage adoption of the Ordinals technology”.
Meanwhile, total sales of NFTs based on the Bitcoin network are rapidly gaining momentum. Over the past day, the indicator increased by 57% to $8.3 million. At the same time, the dynamics of Ethereum tokens decreased by 18%.
Recall that in May, Bitcoin Core developer Luke Dash Jr. proposed using a “spam filter” for BRC-20 and Ordinals standard tokens due to their negative impact on the network of the first cryptocurrency. According to him, such an approach would help “weed out” the transactions associated with them, which Dash called “garbage”.
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!
