Bitcoin Ordinals have taken the NFT market by storm and are currently the towns talk. Recently, a project called Bitcoin Frogs generated more than $2.2 million in volume in a single day. Heres everything you need to know.
The world of NFTs is buzzing with excitement as a fresh player takes center stage. Meet Bitcoin Frogs, a recently launched collection of 10,000 unique NFTs featuring adorable frog-themed artwork. Since its debut in late February, this collection has skyrocketed, amassing an impressive trading volume of over $2.2 million in just 24 hours. Bitcoin Frogs has hopped its way to success in the fast-paced NFT market.
Bitcoin Frogs swift rise sheds light on the increasing demand for NFTs minted on the Bitcoin blockchain. While Ethereum remains on top in NFTs, Bitcoins influence is gaining momentum. The Frogs have passed Solana in trading volume by over $30 million in the past week, showing its potential to shake up the status quo.
Within the last week, the collection has reached an impressive trading volume of 139 BTC ($3,782,300). In addition, each NFTs current floor price is currently 0.115 BTC ($3,129). These figures demonstrate the value placed on these frogs and their increasing popularity in the NFT market.
Bitcoin Frogs has made waves by outperforming reputable NFT collections, including the infamous Bored Ape Yacht Club. It seems that Bitcoin Frogs potential for continued success is almost a sure thing. With a total sales volume of $7,530,033.19 (278.2482 BTC) in May alone, this collection of 10,000 frog-inspired digital collectibles is making its mark.
While the average sale price for a Bitcoin Frogs NFT sits at around $3,000 (0.12 BTC), recent sales show the potential of this project. In the last day, the highest sale was recorded at a staggering $38,500. Despite the high prices, continued trading volume suggests that Bitcoin Frogs continue to capture attention. With 2,8 unique holders since their debut, both newcomers and traders are willing to pay fees ranging from $50 to $1,200 to be a part of this collection.
Bitcoin Frogs is powered by Deezy. Deezy serves businesses, node runners, creators, and collectors. It facilitates seamless integration between on-chain and lightning networks with fast apps and products. This ensures enhanced payment reliability through their well-connected nodes. Therefore, a part of the Frogs success must be credited to Deezy.
Additionally, software for the Bitcoin Future empowers artists by assisting them in launching their NFTs on the Bitcoin network. With inscription services, creators have the freedom to design, inscribe, launch, and sell their unique collections. This commitment to helping artists and collectors plays a vital role in creating a thriving ecosystem.
The rapid rise of Bitcoin Frogs in the NFT market shows the increasing impact of Bitcoin-based NFTs. Amassing more than $2.2 million in trading volume within 24 hours is very impressive. As the NFT industry continues to evolve, innovative projects like Bitcoin Frogs outline the ever opportunities for artists, collectors, traders, and degens.
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, make your own research prior to making any kind of investment.
Read the original here:
Bitcoin Frogs Nets $2.2 Million in Rapid Trading Frenzy - NFTevening.com
- The Worlds First Bitcoin Debit Card Is Almost Here [Last Updated On: April 27th, 2014] [Originally Added On: April 27th, 2014]
- Google removes malware Android apps used to secretly mine bitcoin [Last Updated On: April 27th, 2014] [Originally Added On: April 27th, 2014]
- Bitcoin runner-up Litecoin emerges as low-price challenger [Last Updated On: April 27th, 2014] [Originally Added On: April 27th, 2014]
- How does Bitcoin work? - Bitcoin - Open source P2P money [Last Updated On: April 27th, 2014] [Originally Added On: April 27th, 2014]
- Bitcoin - Wikipedia, the free encyclopedia [Last Updated On: April 27th, 2014] [Originally Added On: April 27th, 2014]
- POLICE STATE USA - COP Goes CRAZY at INNOCENT Black Guys Filming a Wal-Mart in Houston - Video [Last Updated On: April 27th, 2014] [Originally Added On: April 27th, 2014]
- START MINING LITECOIN with Home Built LITECOIN MINING RIG (FORGET BITCOIN) ----- THE FUTUR - Video [Last Updated On: April 27th, 2014] [Originally Added On: April 27th, 2014]
- Bitcoin going to $10,000 - Video [Last Updated On: April 27th, 2014] [Originally Added On: April 27th, 2014]
- Bitcoin going over $1,000 - Video [Last Updated On: April 27th, 2014] [Originally Added On: April 27th, 2014]
- Bitcoin Trading Robot - The First Automated Bitcoin Robot - Video [Last Updated On: April 27th, 2014] [Originally Added On: April 27th, 2014]
- Bitcoin or Gold? Squawk Walk Taipei- Squawkonomics - Video [Last Updated On: April 27th, 2014] [Originally Added On: April 27th, 2014]
- Bitcoin Miner AntMiner S1 180 - 200 GH/s Nu in de Aanbieding! - Video [Last Updated On: April 27th, 2014] [Originally Added On: April 27th, 2014]
- New Bitcoin Documentary: Boom or Bust - Video [Last Updated On: April 27th, 2014] [Originally Added On: April 27th, 2014]
- The Bitcoin Revolution Is Just Beginning (Full Interview) - Video [Last Updated On: April 27th, 2014] [Originally Added On: April 27th, 2014]
- Market Extra: Bitcoin venture capital money hasnt kept up with buzz [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Bitcoin Exchange BTC China Cuts Ties With China Merchants Bank [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Bitcoin price slips as China steps up regulation [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Bitcoin price slips on China regulation [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Win .33 Bitcoin ($150 or so, Depending on BTC value) - Meme game for May 1st - Take My Bitcoins - Video [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Bitcoin May v0.9.1 GitHub Source Code Development Visualization - Video [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Jaromil on Russia TV about Bitcoin - Video [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Atomic-Trade Bitcoin Exchange. AML, BSA, FinCEN compliant - Video [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Breaks Down Bitcoin - global economic crisis - max Keiser - Video [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- The Bitcoin Group #27 - China Bans Bitcoin Again - Politics - Dark Market - Bitcoin VC - Video [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Edan Yago - Free Market Bitcoin regulation and Honduras free trade zones.mp4 - Video [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- btc.sx Bitcoin derivatives platform George Samman clip - Video [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- China Bans Bitcoin Again -- Bitcoin the Movie -- Startup for Startups Raises 2,000 BTC - Video [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Video: Roundup of This Week's Bitcoin News 25th April 2014 - Video [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Bitcoin and the Internet of Money - Video [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Virgin Group founder Richard Branson, why he's decided to accept Bitcoin for space travel? - Video [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Bitcoin for Dummies - Video [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Live Butterfly Labs Mining Cam- Take My BitCoins- win free Bitcoin - Video [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Market Extra: Bitcoin is like the early Internet, minus the VC money [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- 'The Rise And Rise Of Bitcoin' Filmmaker: 'There Is No Answer Yet' [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Bitcoin the movie: It just had to happen [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Bitcoin [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Bitcoin Expo 2014: Fireside Chat with Dr Gavin Wood - Video [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- reXBT.com Andreas M. Antonopoulos L.A. Bitcoin Meetup The Network Effect Part 2 of 8 - Video [Last Updated On: April 28th, 2014] [Originally Added On: April 28th, 2014]
- Bitcoin: what happens when the miners pack up their gear? [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- New Bitcoin student club at MIT will promote the virtual currency [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- Dark Wallet Is About to Make Bitcoin Money Laundering Easier Than Ever [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- Bitcoin Vies with New Cryptocurrencies as Coin of the Cyber Realm [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- 4/29/14 - MIT Bitcoin Project, Mt Gox revival plan, Mastercard lobbyists & Team Rubicon - Video [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- Mini Bitcoin Mining Rig with 11 USB Block Erupter from ASICminer - Video [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- Is Bitcoin Over? Mt. Gox Pauses Withdrawals - Video [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- BitCoin Dentist GoCoin Fox News Interview - Video [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- Blockchain Bitcoin BitMe iNjector Instant wallet funds adder - Video [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- Bitcoin Generator Feb 2014 NO SURVEY - Video [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- Free Bitcoin Generator 2013 1 0v Download Miner Tool 2014 - Video [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- MAX KEISER - BITCOIN Is The FUTURE - Video [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- The Bitcoin Meetup - BitcoinMKE Hosts Jeffrey Tucker - Video [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- MIT Bitcoin Expo 2014 - Video [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- Bitcoin, gold and competitive currencies - Video [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- Bitcoin Foundation Election Hiccups -- Pathetic Ohio Bans Bitcoins -- Dogecon SF 2014 - Video [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- Keiser Report: Gold, Silver, Bitcoin FTW! (E527) - Video [Last Updated On: April 30th, 2014] [Originally Added On: April 30th, 2014]
- Bitcoin Talk Show #7 -- Skype BitcoinTalkShow to Call in Live! 🙂 - Video [Last Updated On: May 1st, 2014] [Originally Added On: May 1st, 2014]
- Bitcoin Turbo Miner | Fast Bitcoin Generator | NEW [Updated April 2014] Direct Download! No waiting! - Video [Last Updated On: May 1st, 2014] [Originally Added On: May 1st, 2014]
- Basic Bitcoin Bitches - Video [Last Updated On: May 1st, 2014] [Originally Added On: May 1st, 2014]
- Gold standard vs Fiat vs Bitcoin - Truthloader - Video [Last Updated On: May 1st, 2014] [Originally Added On: May 1st, 2014]
- Bitcoin Exchange - Bitcoin Predictions & Live Market Action! - Video [Last Updated On: May 1st, 2014] [Originally Added On: May 1st, 2014]
- The Bitcoin Revolution is Just Beginning (Preview) - Video [Last Updated On: May 1st, 2014] [Originally Added On: May 1st, 2014]
- How to Defund the System: Bitcoin vs. the Central Banksters - Video [Last Updated On: May 1st, 2014] [Originally Added On: May 1st, 2014]
- Bitcoin, Anarchy and Freedom with Roger Ver - Video [Last Updated On: May 1st, 2014] [Originally Added On: May 1st, 2014]
- bitcoin dogecoin donations and i ramble a ton - Video [Last Updated On: May 1st, 2014] [Originally Added On: May 1st, 2014]
- Techcrunch - Is Bitcoin or Litecoin The New Euro-Disrupt Europe 2013 (Part1) - Video [Last Updated On: May 1st, 2014] [Originally Added On: May 1st, 2014]
- MIT Goes Bitcoin-Wild [Last Updated On: May 2nd, 2014] [Originally Added On: May 2nd, 2014]
- Bitcoin Weekly 2014 April 30: Bloomberg adds Bitcoin to their market index, MIT to produce campus-wide bitcoin ... [Last Updated On: May 2nd, 2014] [Originally Added On: May 2nd, 2014]
- 'Dark Wallet' wants to make Bitcoin even harder to trace [Last Updated On: May 2nd, 2014] [Originally Added On: May 2nd, 2014]
- Better than Bitcoin! Creating Multiple Sources of Income, Growing Tomatoes - Video [Last Updated On: May 2nd, 2014] [Originally Added On: May 2nd, 2014]
- What is Bitcoin? - Video [Last Updated On: May 2nd, 2014] [Originally Added On: May 2nd, 2014]
- James Altucher Discusses the Future of Twitter and the Bitcoin - Video [Last Updated On: May 2nd, 2014] [Originally Added On: May 2nd, 2014]
- Bitcoin made simple (video animation) - Video [Last Updated On: May 2nd, 2014] [Originally Added On: May 2nd, 2014]
- Jon Matonis: Bitcoin - The future of commerce? - Video [Last Updated On: May 2nd, 2014] [Originally Added On: May 2nd, 2014]
- $100 in Bitcoin Going to Every MIT Undergrad - Video [Last Updated On: May 2nd, 2014] [Originally Added On: May 2nd, 2014]
- Should I Invest in Bitcoin? Stock Market Investment Advice Mining, Price, Exchange, Value - Video [Last Updated On: May 2nd, 2014] [Originally Added On: May 2nd, 2014]
- The Rise of Digital Currency (documentary) - Video [Last Updated On: May 2nd, 2014] [Originally Added On: May 2nd, 2014]
- Bitcoin: How We Got Here and Where We Are Going [Last Updated On: May 3rd, 2014] [Originally Added On: May 3rd, 2014]
- CIA Bitcoin CONSPIRACY, SILVER TO BREAK THE ECONOMY - Andy Hoffman & Chris Duane - Video [Last Updated On: May 3rd, 2014] [Originally Added On: May 3rd, 2014]
- 5/1/14 - Larry Summers warns critics, Paym system & Bitcoin Center NYC roundtable - Video [Last Updated On: May 3rd, 2014] [Originally Added On: May 3rd, 2014]
- On est Connect S2 #07 1/2 : BitCoin et Musique sur Internet - Video [Last Updated On: May 3rd, 2014] [Originally Added On: May 3rd, 2014]