Bitcoin Overtakes Ethereum In Daily NFT Sales Volume

The global non-fungible token market has witnessed a remarkable positive growth today after an uncategorized Ordinal NFT on the Bitcoin network exchanged hands for a staggering 70.2 BTC, equivalent to $7.47 million. This transaction, which occurred just a few hours ago, has generated significant interest within the NFT community and propelled the trading volume of Ordinals to new heights.

Uncategorized Ordinals NFT Sells For +$7.4M

Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a non-fungible token explorer, confirms that an Uncategorized Ordinal NFT has successfully sold for over $7.4 million directly from user to user. Following this high-profile Ordinal NFT sale, the trading sales volume of the global NFT market has significantly surged to new heights. In the past 24 hours, the NFT market has recorded a trading sales volume of $25 million, up 42% from the past day.

In response to the recent Ordinal NFT sale, Bitcoin, the blockchain network previously known for powering the Ordinals, Rune, and BRC-20 NFT collections, has emerged as the leading NFT blockchain network in the NFT market. In the past 24 hours, the Bitcoin-based NFT collection has amassed a trading sales volume of $8.8 million. During this time, the Bitcoin NFT trading sales volume has surged by 347% from the past day.

The Bitcoin Ordinals NFT market has experienced a substantial surge following the high-profile Ordinal sale for an Uncategorized NFT collection for $7.4 million. The Bitcoin NFT Ordinals have surpassed the Ethereum and Immutable NFT market, which also appears to be retesting a short bull run. In the past 24 hours, Immutable and Ethereum-based NFTs have raised a trading sales volume of $5.9 million and $4 million, respectively.

Launched by Bitcoin developer Casey Rodarmor in January 2023, Uncategorized Ordinals is an NFT collection built on the Bitcoin blockchain network that is not part of an official Ordinal collection. The Uncategorized Ordinals collection was created using the Ordinal theory, a protocol allowing an individual identifier to be assigned to each satoshi as it is created, making each NFT unique.

Uncategorized Tops The NFT Market Chart

The recent sale of the Uncategorized Ordinal for an impressive $7.42 million has undoubtedly created a buzz within the global NFT market. In response to the mega sale, the Uncategorized Ordinal NFT has emerged as the most-selling NFT collection in the global NFT market, with a trading sales volume of $7.4 million. Other NFT collections following the Uncategorized Ordinal NFT collection include the Guild of Guardians Heroes and Courtyard NFT collections.

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