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Home»NFT»Bitcoin Wizards dominates crypto and NFT scenes with impressive gains
NFT

Bitcoin Wizards dominates crypto and NFT scenes with impressive gains

2024-04-17No Comments2 Mins Read
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A new Bitcoin (BTC) ordinals project called Bitcoin Wizards, and its native token WZRD, are dominating both the crypto and non-fungible token (NFT) sectors after making significant gains over the past day.

WZRD is up 88% in the last 24 hours and is trading at $9 at the time of writing, making it the biggest gainer among the 500 leading cryptocurrencies. The asset briefly reached an intraday high of $113.8 around 09:30 UTC on April 16 after trading activity skyrocketed.

Bitcoin Wizards dominates crypto and NFT scenes with impressive gains - 1

WZRD Prize – April 17 | Source: CoinMarketCap

On April 15, five days after launch, WZRD hit an all-time high of $197.75. The token’s daily trading volume increased by 198% and currently stood at $10.1 million.

You might also like: Tons of blockchain: X policies to drive Telegram adoption

According to data from CryptoSlam, Bitcoin Wizards NFT sales volume increased 325% to $5.48 million over the past 24 hours. The number of buyers and sellers increased by 110% and 85% in the past day to 547 and 455 respectively.

Additionally, global NFT sales volume has increased 15% in the past 24 hours and is currently hovering around $40 million, per CryptoSlam.

According to the data provider, Bitcoin tops the charts with $20.6 million in NFT sales, followed by Ethereum’s volume of $7.6 million.

Despite Bitcoin leading NFT sales, wash transactions account for only $17,871 of its volume; Ethereum’s wash volume currently stands at $6.5 million.

While Bitcoin-based NFTs have gained impressive momentum over the past year, Binance announced that the exchange’s NFT marketplace will not support digital collectibles on the leading blockchain network starting April 18.

See also  Crypto Lender Celsius Fails to Create New Company for Creditors as US Judge Approves Bankruptcy Plan

Read more: Uniswap’s trading volume reaches $3 billion despite SEC claims

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Bitcoin Crypto Dominates Gains impressive NFT scenes Wizards
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