Pepe-Inspired NFT Leads Trading Activity, Achieving $2 Million in Sales

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Pepe-Inspired NFT Leads Trading Activity, Achieving $2 Million in Sales0

  • In the last 24 hours, Bitcoin Frogs sales have increased by 134%.
  • Transaction activity saw a significant rise, growing by over 39%.

Bitcoin Frogs, an NFT collection themed around Pepe, has made a notable impact in the market, especially in light of the current excitement surrounding Bitcoin Ordinals. Recent statistics indicate that Bitcoin Frogs, a collection of NFTs linked to Bitcoin, has surpassed the Bored Ape Yacht Club in transaction volume, establishing itself as the top-grossing NFT series in the last 24 hours.

Pepe-Inspired NFT Leads Trading Activity, Achieving $2 Million in Sales1Transactions of Bitcoin Frogs (source: CryptoSlam)

This NFT series inspired by the Pepe coin has generated over $2 million in transaction volume through around 600 transactions. In the past 24 hours, Bitcoin Frogs sales have surged by 134%, totaling $2.22 million. The transaction count has also seen a substantial rise, increasing by more than 39.68%.

According to reports, following the introduction of the Ordinals Protocol earlier this year, NFTs directly minted on the Bitcoin blockchain have gained significant traction. The Ordinals Protocol enables users to embed references to digital art within small transactions on the Bitcoin blockchain, with the overall number of Ordinals inscriptions exceeding 3 million earlier this month.

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