In recent times, there has been a significant increase in the popularity of Ordinals, especially as Bitcoin’s price approaches an all-time high. Among the various projects in the Ordinals space, NodeMonkes has emerged as a frontrunner, with its remarkable sales performance and high demand in the secondary market.
NodeMonkes currently holds the title of being the top-selling individual Ordinal or NFT project, with an impressive $45 million in secondary market sales over the last week alone. Surpassing even established projects like CryptoPunks, NodeMonkes has seen a surge in demand, evident from the recent sale of the “Alien Hoodie” NodeMonke (#2769) for 17 Bitcoin, equivalent to $1.08 million at the time.
The surge in sales and price of NodeMonkes can be directly attributed to the increasing interest in Bitcoin Ordinals, as the leading cryptocurrency itself experiences a surge in value. Initially priced at 0.18 BTC, NodeMonkes are now trading at much higher prices, with the cheapest listed NodeMonke on Magic Eden available at 0.82 BTC, approximately $54,400.
It is not just NodeMonkes that have seen a spike in demand and sales. Over the past week, the total sales volume for Ethereum NFTs and Bitcoin Ordinals has been almost equal, with $177.4 million worth of Ethereum NFTs sold and $176.4 million for Ordinals. This trend can be linked to Bitcoin’s recent surge in price, nearing its all-time high of $69,044, and continuing to dominate the market.
As the interest in Bitcoin and NFTs continues to grow, it comes as no surprise that Ordinals, particularly NodeMonkes, are becoming increasingly popular among collectors and investors. With record-breaking sales and a surge in demand, NodeMonkes has firmly established itself as the top-selling Bitcoin Ordinal collection in the market.
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