29/04/2024 Bitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors

Bitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors

While sales of non-fungible tokens (NFTs) have declined by over 38% in the past 30 days compared to the previous month, NFTs minted on the Bitcoin blockchain have dominated, accounting for more than 44% of sales. Statistics from the last 30 days reveal that four of the top five best-selling NFT collections all stem from the Bitcoin blockchain.

Bitcoin’s Dominant Influence on NFT Sales Continues

Bitcoin continues to advance in the realm of NFTs, having outperformed 24 unique blockchain networks over the past 30 days, including Ethereum. According todatafrom cryptoslam.io, Bitcoin-based NFTs have amassed $3.43 billion in total sales, positioning Bitcoin in fourth place behind Ethereum, Solana, and Ronin.

Bitcoin is getting closer to overtaking Ronin’s all-time sales figure of $4.26 billion. From March 27 to April 27, 2024, Bitcoin logged $457.62 million inNFT sales, with only $716,035 potentially linked to wash trading. Ethereum secured the second spot with $262.37 million in sales during the same period, while Solana recorded $165.14 million in NFT sales, ranking third in terms of sales volume.

Over the same 30-day period, the most expensive NFT sold was Cryptopunk #635 on Ethereum, fetching $12.41 million. The top sale on the Bitcoin blockchain was Bitcoin Ape #2,301, which went for $459,436. This NFT is a byte-accurate transfer of the original Bored Ape Yacht Club (BAYC) to the Bitcoin blockchain throughOrdinals. Following Bitcoin Ape #2,301, eight other sales ranged from $254,062 to $354,801 each, all belonging to the Bitcoin Puppets collection.

In the past 30 days, four of the five highest-selling NFT collections were from the Bitcoin blockchain. Uncategorized Ordinals led with $152 million in sales, followed by Bitcoin Puppets at $71.84 million, WZRD digital collectibles at $34.81 million, and Nodemonkes compilation at $34 million. Mythos’ Dmarket NFT collection ranked fifth, capturing $28.6 million in sales, cryptoslam.io 30-day statistics show.

Arts

https://news.bitcoin.com/bitcoin-leads-30-day-nft-sales-outpacing-24-blockchain-competitors/

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The ever changing piece, that took you to understand the 10 forms of love. attach string to each of it,connect and try to understand it. how do you perceive it? it's up to you, it's part of me but also part of you at the same time. just don't use logic too much, we never live there anyway from the start.
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LIMITED EDITION 1/1 | includes signed limited edition prints of all 3 states (pre-election, Trump win, Biden win) This piece is a first for Nifty, a token that will change based on the outcome of the election. If anything is constant about the times we now live in, it's uncertainty. This uncertainty is perfectly encapsulated in this piece of artwork as the person buying the piece will not know the final artwork. The artwork will be one state at auction before the election, and after the results of the election are known, will forever change to reflect a Trump or Biden win. PLEASE FUCKING NOTE: If trump wins, this token will change to that video of sexy boi king trump stomping through hell FOREVER. I don’t want you coming back to me bitching that you spent $2M* on this and now it’s a video of orangeman going HAM and it’s keeping u up at night popping mad boners. should have voted bruh. *and stfu that this isn’t gonna be worth a fuckton more when I hit 30 years of everydays and have a permanent collection in the MOMA. smh.