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/

Interesting NFTs
Alex in Wonderland
A figure, Alex, stands mostly naked in the midst of a physical and psychological maelstrom. He is clad only in nostalgic 80’s era socks, on a tenuous island between active waters and a variety of shark denizens. Sharks on the right side of the image are all beached, including a shark with a quartz crystal snout, an orange shark wrapped in a life buoy, and a shark further in the distance wearing an 80’s style shirt with the number “88”. On the left side is the largest shark, wearing bright glossy red lipstick and brandishing prominent teeth with braces. She is cordoned off from the figure by a roped float divider, and within her thought bubble is a warning symbol. Behind the figure, hovering in the air, are Grey aliens emerging from the distance, out of a series of elliptical UFO shaped interdimensional membranes. The Greys take on the visual form of spermazoa ostensibly impregnating the interdimensional thresholds. As is typical, these Greys inhabit a zone just behind the unconscious topology of Alex’s dissociative mind. Though Alex’s bottom half is representative, his top half mutates into a psychological cornucopia. In a manner akin to “Auto-Erotic Sphinx”, a predecessor work, the figure has self suctioned—an act of sensual infatuation, enjoyment, and exploration. Upward exists the figure’s primary conscious eye, adorned with a revolutionary beret emblazoned with a Bitcoin badge. The figure’s summit features the nose of a fighter jet facing off against video game Bullet Bills, one of whom is marked by a communist North Korean star. A cropped section of a UFO observes the contest. Alex’s mind branches both left and right. To the left is more singular embodied consciousness, manifesting two eyes and a Ganesh trunk grasping crayons. The right branch dissociates upward diagonally, emerging into an array of eyes, faces, teeth, tail, a unicorn horn, and much more—all of which participate in expressing his unconscious being; a democracy of psychic factions representing thought impressions and associations. All illumination and darkness– fernal, infernal, high consciousness and corporeal underbelly–reside in this realm. In the distance are relatively languid, light clouds, and against the firmament hovers a colossal distant eye peering over the scene and far beyond. This painting possesses underlying genetic traits with previous works such as “Auto-Erotic Sphinx with Toys”, “Dionysus”, and “Fuku-Shiva”. The work serves also as a nod to an earlier period of art inspiration during late teens and early twenties— born out of the nakedness, vulnerability, curiosity, and wonder inherent to coming of age and all subsequent psychedelic revelation.
CryptoPunk 4156
By C352B5
SolPunk_#4698
SolPunk_#4698
#56587
By OthersideDeployer
Lim Hedra #1/20
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