
The Bitcoin-based NFT collection, NodeMonkes, has seen a significant surge in market activity, becoming the third-largest PFP collection by market cap, surpassing Pudgy Penguins. The collection's floor price reached 0.8 BTC, approximately $49,000, with a market cap comparison of $472.8mn against Pudgy Penguins' $465mn. This rise in value has been attributed to significant buying sprees, including a notable transaction where 30 NodeMonkes were purchased in a single transaction for around 20 BTC, roughly $1.2 million USD. Additionally, the total market cap of NodeMonkes hit 6,900BTC ($430M), significantly outpacing the next closest Ordinals PFP collection, and a 24-hour trading volume reached 170 BTC. The enthusiasm for NodeMonkes and Ordinals has sparked discussions about the future of Ethereum NFTs, with some predicting a shift in the NFT landscape favoring Bitcoin-based collections.



BREAKING: BITCOIN-BASED @nodemonkes BECOMES THE 3RD LARGEST PFP COLLECTION BY MARKET CAP https://t.co/92XNaLXxSB
BREAKING: @nodemonkes FLIPS @pudgypenguins IN MARKET CAP https://t.co/0Rduljnadr
Another electric 24hrs for @nodemonkes, sending to .8 BTC floor and 170 BTC volume Whether you hold nodes or not, as an NFT enjoooyer you gotta sit back and appreciate this run https://t.co/bSGnftQ9AW