KEY POINTS
The non-fungible Bitcoin tokens (NFTs), which are the most popular in sales, continue to gain momentum.
According to data CryptoSlam reports that Bitcoin’s weekly sales have increased by +76.97%. This total has exceeded $172,000,000. Bitcoin now leads the NFT market and is outpacing the other major blockchains. Ethereum, which was in second place, had sales of $164,000,000 over the past 7 days. Solana, who claimed the third spot, had sales of $64,000,000.
Budgie’s, Protoshrooms’, and NodeMonkes’ contributions were notable Bitcoin NFT sellers in the last seven days. Three NFTs from these collections — holding the top three positions in terms of sales — collectively garnered 33.6 BTC, equivalent to over $2 million.
If we look at monthly sales alone, the first four of March saw Bitcoin NFT surpass $104,000,000, which indicates that a good month is ahead. The trend continues from the month of February when sales totaled $301 millions.
Bitcoin’s dominance of the NFT market is not surprising, considering its performance in December 20,23 when it broke a world record by surpassing $881 million Monthly sales are approximately $.
This year’s auctions and collection launches, as well as those that will continue to be held throughout 2023, are also responsible for the continued success of Bitcoin NFT.
Sotheby’s “BitcoinShroomsThe ” NFT auction surpassed expectations and amassed $450,850. Individual NFTs sold for 5-8 times more than expected prices. Sotheby’s began its venture into the Bitcoin NFT market in January with the “Natively Digital” Auction, featuring artworks by various artists and reaching over $1 million sales.
The entire Taproot Wizards Bitcoin NFT Collection sold out last month.Quantum Cats“, with a sales value totaling $12.9 million.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: blog.cryptoflies.com