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Cryptocurrency News Articles

NodeMonkes Soars to Top of NFT Market, Surpassing Bitcoin Collection

May 03, 2024 at 07:47 pm

NodeMonkes surged to the top of the NFT market on Thursday, surpassing $SATS BRC-20 NFTs to become the top Bitcoin collection, with over $1.62 million in sales. NodeMonkes' all-time sales volume now stands at $210.72 million, while CryptoPunks remains the second-highest performing collection of the day with a daily sales volume of $1.33 million, bringing its all-time sales volume to $2.82 billion.

NodeMonkes Soars to Top of NFT Market, Surpassing Bitcoin Collection

NodeMonkes Soars in NFT Market, Surpassing Bitcoin Collection

On Thursday, NodeMonkes ascended to the pinnacle of the non-fungible token (NFT) market, recording an astounding US$1.62 million in sales. This surge catapulted NodeMonkes' all-time sales volume to a remarkable US$210.72 million, eclipsing $SATS BRC-20 NFTs to become the top Bitcoin collection.

The previous day, NodeMonkes had snapped a six-day streak of sales below US$1 million by registering US$934,294, according to data from CryptoSlam.

Occupying second place in the daily sales rankings was CryptoPunks, with a volume of US$1.33 million. This represents a substantial 488% increase from the day before. CryptoPunks' all-time sales volume has now reached an impressive US$2.82 billion, solidifying its position as the third best-selling NFT collection.

The most expensive NFT transaction on Thursday was CryptoPunk 7846, which sold for US$557,804 in Ether. However, this was approximately US$300,000 less than its previous sale.

Bored Ape Yacht Club, another prominent Ethereum collection, claimed the third spot in daily sales, generating US$1.06 million. Yuga Labs' flagship collection remains the second best-selling NFT, with sales amounting to US$3.14 billion.

Other notable movements in the top 10 NFT market include DMarket, which experienced a slight decline in daily sales to US$899,114.68. Conversely, $WZRD BRC-20 NFTs witnessed a more than twofold increase, jumping to US$718,591.

Fluctuations were also observed in Azuki and DeGods, with Azuki's sales climbing to US$652,683.33 and DeGods' sales increasing to US$645,370.45.

The surge in NodeMonkes' sales highlights the continued volatility and growth potential in the NFT market. As the demand for digital collectibles continues to evolve, new trends and top performers are likely to emerge, reshaping the industry's landscape.

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