NodeMonkes Surges by Over 50% and Overtakes Bored Ape Yacht Club in Market Cap
NodeMonkes, the leading NFT collection of Bitcoin, has experienced a significant surge of over 50% in the past 24 hours. This surge has propelled NodeMonkes ahead of the Bored Ape Yacht Club (BAYC) in terms of market capitalization. According to data from CoinGecko, NodeMonkesโ floor price has increased by 53.3%, making it the second-largest NFT collection in the market.
NodeMonkes and Runestone Witness Floor Price Surge
In recent developments, the floor price of NodeMonkes reached 0.83 BTC (approximately $55,890) on Monday morning in Asian time. This surge in floor price has resulted in NodeMonkesโ market capitalization surpassing that of the Bored Ape Yacht Club. Additionally, NodeMonkesโ sales volume has increased by 162.0% in the past 24 hours, reaching approximately $5.5 million.
Furthermore, Runestone, another Bitcoin-based NFT collection, has also observed a surge in its floor price. Within the last 24 hours, Runestoneโs floor price has increased by 125%, leading to a market capitalization of 4,799 BTC (equivalent to $326,255,216). As a result, Runestone now ranks as the sixth-largest NFT collection based on market capitalization.
Runestone Dominates NFT Marketplaces
Not only has Runestone experienced a surge in its floor price and market capitalization, but it has also emerged as the leading NFT collection across various multi-chain support marketplaces. Data shows that Runestone holds the top spot in sales on platforms like OKX and Magic Eden.
Magic Eden, in particular, has witnessed a trading volume of 198 BTC (approximately $13.4 million) generated by Runestone NFTs. Similarly, OKX has recorded a substantial trading volume of 268 BTC (roughly $18.2 million) since the introduction of Runestone NFTs.
Presently, the floor price for a Runestone NFT stands at about 0.042 BTC (approximately $2,982) on Magic Eden and 0.044 BTC (roughly $3,009) on the OKX NFT marketplace.
The Creator and Distribution of Runestone
Runestone was created by Leonidas, a prominent NFT historian and the founder of Ord.io. Unlike traditional NFT launches, Runestoneโs distribution method involved an airdrop to Ordinals holders. To qualify for an NFT, individuals needed to own at least three inscriptions.
Data from Magic Eden indicates that the Runestone collection currently has 90,000 owners, with 2.5% listed on the marketplace. Additionally, approximately 1.25% of the collection is listed on OKX, with around 88,000 owners.
Hot Take: NodeMonkes and Runestone Make Waves in the NFT Space ๐
NodeMonkes and Runestone have made significant waves in the NFT market with their recent surges in floor prices and market capitalization. These Bitcoin-based collections have surpassed established players like Bored Ape Yacht Club and are dominating various multi-chain support marketplaces.
This surge highlights the growing popularity and value of NFTs within the crypto community. As more collectors and investors recognize the potential of these digital assets, the NFT market is expected to continue its upward trajectory.
Whether youโre a seasoned NFT enthusiast or just starting to explore this space, itโs crucial to stay informed about the latest trends and developments. Keep an eye on NodeMonkes, Runestone, and other emerging NFT collections as they reshape the future of digital ownership and art.
Owen Patter is a distinguished crypto analyst, accomplished researcher, and skilled editor, leaving a notable imprint on the cryptocurrency landscape. As a proficient crypto analyst and researcher, Owen delves into the intricate realms of digital assets, offering insights that resonate with a diverse audience. His analytical acuity is harmoniously paired with adept editorial skills, allowing him to transform complex crypto information into easily comprehensible content.