5 Easy Steps to Buy the 2nd Most Traded NFTs: Bitcoin NFTs

5 Easy Steps to Buy the 2nd Most Traded NFTs: Bitcoin NFTs

Bitcoin NFTs have become the second most traded NFTs, with a surge in trading sales volume of over 400% in the past 30 days, according to CryptoSlam, outperforming Solana and attracting mainstream adoption among the crypto community, potentially outperforming Ethereum NFTs in the future.

The non-fungible crypto token market data analysis shows that the monthly trading sales volume of meme cryptocurrencies and non-fungible crypto tokens hosted on the flagship blockchain tech network “Bitcoin” has exponentially pumped higher in the past plenty of weeks.

Bitcoin (BTC) Non-Fungible Token (NFTs) Become Second Most Traded NFTs

Reports by CryptoSlam, an on-chain market data aggregator, the monthly volume of trading of non-fungible crypto tokens and meme cryptocurrencies hosted on Bitcoin (BTC) increased in May, surpassing Non-Fungible Token (NFT) trading sales volume in Solana.

In the past 30 days, BTC’s Ordinal volume of trading has amassed greater than $170 Million, outperforming Solana (SOL) which attracted only $55 Million over the same period. Bitcoin (BTC) Non-Fungible Token (NFTs) stand in Second place behind the dominant chain Ethereum (ETH), which has recorded $391 million.

During this period, the trading sales volume of Bitcoin-based Non-Fungible Token (NFTs) has surged greater than 400%. Ethereum (ETH) and Solana-based non-fungible crypto token has decreased by 27 percent and 40 percent over the same period. Mythos chain Non-Fungible Token (NFTs) have pumped 15%, amassing $15 million.

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Bitcoin (BTC) Non-Fungible Token (NFTs) came into the spotlight earlier this year after Bitcoin (BTC) developer Casey Rodarmor inscribed Non-Fungible Token (NFTs) using Satoshi’s Ordinal theory. In contrast to  Solana (SOL) and Ethereum (ETH), Ordinals calls its Non-Fungible Token (NFTs) “digital artifacts,” with others in the Bitcoin (BTC) space calling the digital investment simply “inscriptions.”

Ever since, Bitcoin (BTC) Non-Fungible Token (NFTs) have attracted mainstream adoption among the cryptocurrency community, with greater than 1 Million now inscribed. Bitcoin (BTC) Frogs has been the top Non-Fungible Token (NFT) collection competing with Ethereum (ETH) Non-Fungible Token (NFTs) like Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs.The Non-Fungible Token (NFT) collection has raised over $40 Million in volume of trading betwixt April 23 and May 24.

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Bitcoin (BTC) Non-Fungible Token (NFT) Ecological system Continues To Evolve

The Bitcoin (BTC) Non-Fungible Token (NFT) ecological system is rapidly evolving and comes after Ethereum (ETH) footprints, which have already reached plenty of milestones. Ethereum (ETH) has made it possible to set the standard for fungible crypto tokens on its network. Ethereum (ETH) Request Comment “ERC-20” allows developers to create smart contracts-enabled tokens.

The BRC-20 crypto token is an experimental fungible crypto token standard built using the Bitcoin (BTC) network. It has harbored hype for Meme Coin coin, speculative cryptocurrency whose price action is fueled by certain enthusiastic communities. ORDI, PEPE, and MEME are perfect examples of BRC-20.

In recent weeks, BRC-20 has gained mainstream adoption, surpassing the $1 Billion mark as of the 1st half of May. The BRC-20 has a current market capitalization of $450 Million. Numerous investors are positive  tendency about Bitcoin (BTC) Non-Fungible Token (NFTs) and believe they can potentially outperform Ethereum (ETH) Non-Fungible Token (NFTs) in the future.

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How To Buy Bitcoin (BTC) Non-Fungible Token (NFTs) – Five-Step Guide

First, as an Non-Fungible Token (NFT) investor, you must have a cryptocurrency wallet and load it with some Bitcoin. Magic Eden and MetaMask are some of the marketplaces offering Bitcoin (BTC) inscriptions. As with Ethereum (ETH) Non-Fungible Token (NFTs), floor prices and volume are good indicators of which Ordinals collections are as of now in demand.

The buy process for Bitcoin (BTC) Non-Fungible Token (NFTs) is similar to that of Ethereum (ETH) Non-Fungible Token (NFTs). Lastly, pick an Ordinal within your preferred Non-Fungible Token (NFT) collection, and click “buy now.” It’s notable that transactions on Bitcoin (BTC) Non-Fungible Token (NFTs) may take longer than in Ethereum (ETH) Non-Fungible Token (NFTs). Consequently, Non-Fungible Token (NFTs) can potentially take some time before appearing in your wallet.

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Explore The Best Bitcoin (BTC) Non-Fungible Token (NFTs) With Launchpad

Launchpad is a new analytic platform helping users to discover the most successful non-fungible crypto token like Bored Ape Yacht Club, Mutant Ape Yacht Club, or CryptoPunk. The platform offers its users comprehensive analysis and insights before choosing an Non-Fungible Token (NFT) portfolio.

For example, users may use the platform to locate every listed Non-Fungible Token (NFT) investment on any marketplace, find underappreciated and developing Non-Fungible Token (NFTs), construct an Non-Fungible Token (NFT) gallery, obtain unique bargains on Non-Fungible Token (NFT) purchases, and stake Non-Fungible Token (NFTs). The platform is still in its early stage and has over $500,000 from its LPX crypto token presale.

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