NodeMonkes has surged to a floor price of 0.82 BTC, which is close to 1 Bitcoin. Its floor price and market value have surpassed Bored Ape Yacht Club (BAYC). Meanwhile, Pudgy Penguins, which had a successful marketing campaign, has dropped from its recent high of 20 ETH to 10 ETH.
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NodeMonkes Soars to 0.8 BTC
NodeMonkes Ranks Second in NFT Market Cap
Are NFT Traders Flocking to “Meme” Narratives?
NodeMonkes Soars to 0.8 BTC
CoinGecko
Data shows that NodeMonkes, a Bitcoin-based NFT project, has surged over 52.2% in the past 24 hours, with a floor price close to 0.82 BTC.
NodeMonkes Data
NodeMonkes Ranks Second in NFT Market Cap
NodeMonkes’ overall market value has reached approximately $560 million, surpassing the blue-chip NFT project Bored Ape Yacht Club (BAYC), and second only to CryptoPunks’ $1.76 billion.
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Another Bitcoin-based NFT project, Runestone, has seen its floor price surge by 40.7% and its market value reach $306.5 million, making it the sixth-largest NFT project by market value.
NodeMonkes Ranks Second in Market Cap
Are NFT Traders Flocking to “Meme” Narratives?
Nick Ruck, Chief Operating Officer of ContentFi Labs, stated to The Block:
“Just as crypto traders have shifted from ETH to SOL meme coins, NFT traders are also flocking to Bitcoin-based NFTs.”
He believes that NodeMonkes’ surge may also be related to the increase in Ethereum gas costs and the drying up of Ethereum NFT liquidity. Even Pudgy Penguins has dropped from its recent high of 20 ETH to 10 ETH.
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Pudgy Penguins can be found in 3,100 Walmart stores, with a floor price close to 20 ETH.
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NFT
NodeMonkes
Pudgy Penguins
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