Bitcoin

ORDI

April

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<p class="is-style-lead">In the last 24 hours, Bitcoin Frogs has surpassed Bored Apes as the most exchanged collection of non-fungible tokens (NFTs). </p>



<p>This achievement represents a significant step forwards for the developing Ordinals market. The collection has produced $2m worth of trading activity thanks to its roughly 700 individual transactions.</p>



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="607" height="580" src="https://crypto.news/app/uploads/2023/05/image-47.png" alt="Bitcoin Frogs outpaces Bored Apes as the most popular NFT - 3" class="wp-image-14157851"><figcaption class="wp-element-caption">Top 10 NFT sales snap | Source: <a href="https://www.cryptoslam.io/" target="_blank" rel="noreferrer noopener">CryptoSlam</a></figcaption></figure>



<p>According to the statistics provided by CryptoSlam, the well-known Bored Ape Yacht Club, which now holds the distinction of having the world&#8217;s most valuable NFT collection based on market share, found itself in fifth position over the same time with around 859,700 ETH in trade volume.</p>



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<p>The trading volume for Bitcoin Frogs as a collection of NFTs has already reached $5.9 million in only this month. This indicates that the popularity of Bitcoin Frogs has been steadily increasing. The collection&#8217;s trading volume of around $52,000 in April showed a significant increase in both interest and demand.</p>



<p>This remarkable accomplishment swiftly spread over Twitter, where users immediately began speculating about the platform&#8217;s viability in the long run.&nbsp;</p>



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<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">An ordinals collection just became the highest volume NFT collection across ALL chains for the first time.<br><br>Don&#39;t sleep on Bitcoin. <a href="https://t.co/IckDLPjRVJ" target="_blank">pic.twitter.com/IckDLPjRVJ</a></p>&mdash; Leonidas.og (@LeonidasNFT) <a href="https://twitter.com/LeonidasNFT/status/1658863386325577729?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">May 17, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<p>On its <a href="https://twitter.com/BitcoinFrogs" target="_blank" rel="noreferrer noopener">Twitter account</a>, Bitcoin Frogs is described as &#8220;10,000 unique frog collectibles minted directly on the Bitcoin blockchain.&#8221; The project presents itself on Discord as a &#8220;free-to-mint&#8221; effort to foster the adoption of Ordinals throughout the blockchain developers and users community.</p>



<p>The meteoric rise of Bitcoin Frogs is highlighted by the quickly changing nature of the <a href="https://crypto.news/learn/a-step-by-step-guide-to-buying-and-selling-nfts-on-opensea/">NFT</a> ecosystem, which exemplifies the fluidity and unpredictability of the market. Industry participants are looking to future advancements with bated breath as competition for the most popular NFT collection rises.</p>



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Bitcoin Frogs outpaces Bored Apes as the most popular NFT

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