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The transaction sales volume for the collection of Bitcoin-based non-fungible tokens increased sharply following the successful Bitcoin halving occasion that took place during the day, among other factors. According to CryptoSlam. io, an on-chain market knowledge aggregator, sales volume of Bitcoin-based NFTs jumped to $21 million, up 26% from the previous day.
Earlier this morning, Bitcoin effectively completed its fourth halving event after releasing its 840,000th block, the point at which mining rewards are halved again. Starting today, Bitcoin miners will receive 3,125 BTC per block mined, compared to 6. 25 BTC previously.
The long-awaited occasion has caused the crypto and NFT network to eagerly await the continuation of Bitcoin’s price, with some predictions reaching $250,000. Since the cryptocurrency and NFT markets have a mother-child relationship, the NFT market is also expected to build after halving.
The last three Bitcoin halvings took place in 2012, 2016, and 2020. After the success of Bitcoin’s halving, the non-fungible token market position reacted slightly, with many Bitcoin-based NFTs showing green candles. Below are some of the best-selling Bitcoin NFTs. collections.
$WZRD, a non-fungible token created on the Bitcoin network with the BRC-20 protocol, is the best-selling NFT collection today. In the last 24 hours, the $WZRD BRC-20 NFT collection recorded a sales volume of $6. 9 million. a 145% accumulation from the previous day.
Source: cryptoslam. io, maximum number of NFTs sold in the last 24 hours.
Bitcoin Ordinals, a collection of non-fungible tokens and a collection of virtual assets such as runestones, is now the best-selling NFT collection of the moment. In the last 24 hours, the Bitcoin Ordinal collection generated a sales volume of $5. 4 million.
Bitcoin Wizards, the NFT collection created on the Bitcoin blockchain network, is now the third best-selling NFT collection. In the last 24 hours, the Bitcoin Wizards NFT collection recorded a sales volume of $2. 6 million, an increase of 427% compared to the previous day.
Finally, $PUPS, a non-fungible token collection built on Bitcoin’s blockchain network, the BRC-20 protocol, is now the fourth best-selling NFT collection. In the last 24 hours, the BRC-20 NFT collection $PUPS attracted an advertising sales volume of $1. 8 million.
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Dominic is a crypto news writer founded in Nairobi, Kenya, passionate about NFTs, DeFi, GameFi, the Metaverse, and the blockchain generation in general, with five years of experience in the field, along with his own private trading and making an investment trip. Dominic holds a bachelor’s degree in Journalism, Media and Mass Communication and Blogging, and produces educational fabrics for retail investors in the industry.
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