Ethereum

Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/nodemonkes-outperforms-bored-ape-yacht-club-in-nft-market-value" rel="noopener noreferrer nofollow">NodeMonkes Outperforms Bored Ape Yacht Club in NFT Market Value</a><br></p>
<p style="text-align: justify">CoinGecko’s recent data reveals a significant surge in the non-fungible token (<a href="https://en.bitcoinhaber.net/gamestop-to-shut-down-nft-marketplace-amid-regulatory-uncertainty" rel="noopener noreferrer nofollow">NFT</a>) sector, where NodeMonkes has seen a staggering 50% increase in its base price over the past day. This rise has propelled NodeMonkes beyond the well-known Bored Ape Yacht Club (BAYC) in overall market value, marking a considerable power shift in the NFT space.</p>
<h2 id="nodemonkes-achieves-second-highest-market-value">NodeMonkes Achieves Second-Highest Market Value</h2>
<p style="text-align: justify">The base price jump of 53.3% took NodeMonkes to an impressive 0.83 BTC, or roughly $55,890, leading to a market valuation close to $558.9 million. This positions NodeMonkes right below CryptoPunks, making it the second-largest NFT collection by market value. Concurrently, the sales volume for NodeMonkes soared, with a dramatic 140.8% increase in the last day alone, hitting a $5.1 million sales figure.</p>
<h2 id="bitcoin-nfts-attract-investor-attention-over-ethereum">Bitcoin NFTs Attract Investor Attention Over Ethereum</h2>
<p style="text-align: justify">Nick Ruck, Operations Director at ContentFi Labs, has connected the success of NodeMonkes and another <a href="https://en.bitcoinhaber.net/bitcoin-battles-resistance-whats-next-for-the-cryptocurrency" rel="noopener noreferrer nofollow">Bitcoin</a> NFT collection, Runestone, to a noticeable pivot in investor interest—moving away from <a href="https://en.bitcoinhaber.net/vitalik-buterins-investment-advice-sparks-controversy" rel="noopener noreferrer nofollow">Ethereum</a> and toward Bitcoin-based NFTs. Ruck pointed out that NodeMonkes has leapfrogged BAYC following robust sales records in recent times, suggesting a pivotal alteration in NFT market trends.</p>
<p style="text-align: justify">Ruck also highlighted the influence of Ethereum’s rising transaction fees and a saturation of its NFT market as possible factors for the Bitcoin NFTs’ growing allure. The Block’s data underlines the declining transaction volume in Ethereum’s NFT market, which saw a reduction from $867.8 million in January to $503.1 million in March, reinforcing signs of a continuing slide. With the ascent of NodeMonkes and Runestone, the data reflects a dynamic shift within the NFT landscape, as Bitcoin NFTs become increasingly popular among investors seeking new opportunities.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/nodemonkes-outperforms-bored-ape-yacht-club-in-nft-market-value" rel="noopener noreferrer nofollow">NodeMonkes Outperforms Bored Ape Yacht Club in NFT Market Value</a></h5>

NodeMonkes Outperforms Bored Ape Yacht Club in NFT Market Value

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