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Home NFT

Pepe-Themed NFT Dominates Trading, Generating $2M in Sales

18.05.2023
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PEPE

  • In the past 24 hours, sales of Bitcoin Frogs have surged by 134%.
  • Transactions experienced a notable surge, increasing by more than 39%.

Bitcoin Frogs, a pepe-themed NFT collection, has made a significant splash in the industry, particularly amidst the ongoing hype surrounding Bitcoin Ordinals. The most recent data reveals that Bitcoin Frogs, a series of NFTs associated with Bitcoin, has outperformed the Bored Ape Yacht Club in terms of transaction volume, making it the highest-grossing NFT series in the past 24 hours.

Buys and sells of Bitcoin Frogs ( source: CryptoSlam)

This Pepe coin-themed NFT series has accumulated more than $2 million in transaction volume through approximately 600 transactions. In the past 24 hours, sales of Bitcoin Frogs have surged by 134%, reaching a total of $2.22 million. The number of transactions has also experienced a significant increase, rising by more than 39.68%.

As per reports, since the launch of the Ordinals Protocol earlier this year, NFTs directly issued on the Bitcoin blockchain have experienced a surge in popularity. The Ordinals Protocol allows users to incorporate references to digital art into small transactions on the Bitcoin blockchain, with the total number of Ordinals inscriptions surpassing 3 million earlier this month.

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Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

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