Bitcoin Frogs surpassed Bored Apes as the most traded non-fungible token pool over the past 24 hours, marking a milestone for the fledgling Ordinals market. The collection has generated more than $2 million in trade from nearly 700 trades.
By comparison, the Bored Ape Yacht Club, the most valuable NFT collection in the world by market share, ranks third with approximately $1.3 million in volume last day, the CryptoSlam! data also shows.
So far, Bitcoin Frogs NFTs have registered $5.9 million in trading this month, according to CryptoSlam! facts. The collection generated approximately $52,000 in trading in April.
CryptoSlam! data ranking NFT collections during the last 24 hours.
Crypto Twitter has been quick to respond to what appears to be a historic, if not potentially short-lived milestone.
“An ordinals collection just became the highest volume NFT collection across all chains for the first time,” @LeonidasNFT posted on Twitter. “Don’t sleep on Bitcoin,” added the account with nearly 70,000 followers.
Bitcoin Frogs are “10,000 unique frog collectibles slapped directly on the Bitcoin Blockchain,” according to the collection’s Twitter account. On Discord, the collection is described as a “free-to-mint” project intended to “encourage adoption of Ordinals.”
Screenshot of @LeonidasNFT’s Twitter post.
© 2023 The Block Crypto, Inc. All rights reserved. This article is for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial or other advice.