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NFT News

Pepe Themed ‘Bitcoin Frogs’ NFT surges in popularity

Written By Pawan Surya
Published 2023-05-20·Updated 3 years ago
Make The Crypto Times preferred on GoogleGoogle
Pepe Themed ‘Bitcoin Frogs’ NFT surges in popularity

The world of non-fungible tokens (NFTs) has taken the digital landscape by storm, revolutionizing the way we perceive and trade unique assets. In a remarkable feat, the newly NFT called Bitcoin Frogs, featuring an enchanting Frog theme, has outperformed even renowned collections like Board Apes in terms of trading volume within the last 24 hours.

NFT Collections ranking by Trading Volume, Source: CryptoSlum

As per CryptoSlum’s data, the spotlight has shifted onto the Bitcoin Frogs NFT collection, making it the most actively traded collection in the past 24 hours. This impressive feat comes in spite of the presence of renowned NFT collections like HV-MTL and Board Apes, highlighting the growing popularity and demand for the captivating world of Bitcoin Frogs.

Since its launch in late February on the Bitcoin Ordinals Platform, Bitcoin Frogs has garnered significant trading volume, surpassing $2.2 million in the last 24 hours. Currently, each NFT within the collection is being sold for 0.12 BTC, equivalent to over $3,200. Participants engaging in buying and selling transactions are incurring trading fees ranging from $50 to well over $1,200. 

Bitcoin Frogs collection distinguishes itself as a compilation of 10,000 distinct frog collectibles, each uniquely minted directly on the Bitcoin Blockchain. With the availability of virtual arts on both the Bitcoin and Ethereum blockchains, NFT enthusiasts are eagerly anticipating the unfolding dynamics of the market to determine which blockchain will emerge as the leader in the NFT space. 

Also Read: MicroStrategy’s Michael Saylor Praises Bitcoin Ordinals

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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