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Home»NFT»Bitcoin NFT sales are down 44% and still leading the market
NFT

Bitcoin NFT sales are down 44% and still leading the market

2024-03-19No Comments2 Mins Read
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The Bitcoin blockchain continued to lead the non-fungible tokens (NFTs) market on Tuesday, despite sales volume falling 44.36% as of 2:30 PM ET.

Bitcoin recorded US$12.2 million in NFT sales, while the network’s native cryptocurrency dropped to just US$62,349, according to CryptoSlam.

About $5 million of those sales came from Uncategorized Ordinals, a category of digital assets on the Bitcoin network that is not part of a collection.

NodeMonkes, a collection of 10,000 NFTs on Bitcoin, was the best-selling collection on the market at $2.5 million.

Ethereum and Solana continued Monday’s trend by trailing the Bitcoin network in NFT sales, with $11.4 million and $9.37 million, respectively.

Ethereum’s Bored Ape Yacht Club, a blue-chip collection of 10,000 NFTs from Yuga Labs, saw the highest revenue increase among the top 10 collections on Tuesday, with revenue up nearly 18% to $1.6 million.

The Flow Network saw the largest increase in sales percentage with an increase of 89% to $400,842, the eighth highest in the market.

Polygon fell to sixth place on Tuesday, with Mythos Chain overtaking the Ethereum scaler for fifth place but failing to surpass $1 million in revenue.

Mythos, an in-game asset chain powering the gaming ecosystem, recorded US$993,153 in NFT sales.

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