• Bitcoin NFT collection traded at the highest volume in the last 24 hours, with $35 million. This is compared to Ethereum based assets. It indicates a surge of demand for Bitcoin based assets.
  • NodeMonkes art was printed on Bitcoin in 2023 but only launched in December of last year.

BTC Price Index and Live Chart – CoinDesk”>(BTC) rally shows no signs of slowing.

Cryptoslam shows that the collection, called NodeMonkes has reached a new high of $11 million, a record-breaking amount. The project was launched in December 2023 with an initial listing of almost $9,000.

The collection is claimed to be the world’s first collection of 10,000 profile pictures on Ordinals. Ordinals are a method to inscribe data, text and art onto individual bitcoin fragments.

NodeMonkes was launched in December of 2023. However, the artwork itself was printed on Bitcoins in February last, well before any other early collections, such as Bitcoin Frogs or Space Pepes. This aspect makes the collection seem exclusive and rare to investors.

One of these “monkes” sold for more than $1 million in bitcoins on Monday. The floor price, or minimum price for a piece is $52,000. Owners of rarer monkes have set listing prices as high as $65,000 .

Bitcoin-based collection traded at the highest volume in the last 24 hours, with $35 million, compared to Ethereum’s usual leader of $22 million. This indicates a surge in the demand for Bitcoin assets.

Bitcoin NFT sales have surpassed Ethereum. (Cryptoslam)

Observers expect that this activity will continue into March.

Mark Wilson, Dogelon Mars’ representative, shared in a Telegram post that “Ordinal Inscriptions are a hot topic and will be for the month of March.” “The Runes Protocol will also be eagerly anticipated as April approaches and the halving.”

Bitcoin reached the $65,000 milestone on Monday. It has gained nearly 5.4% over the last 24 hours. The CD20 index, which is a liquid, broad-based index of tokens, has risen by nearly 5.8%.

Parikshit Miishra is the editor.