Bitcoin Frogs surpassed Bored Apes as the most traded non-fungible token collection during the last 24 hours, in what is a milestone for the upstart Ordinals market. The collection has generated more than $2 million in trading from nearly 700 transactions.
Comparatively, the Bored Ape Yacht Club, the most-valuable NFT collection in the world by market share, has ranked third during the last day with about $1.3 million in volume, the CryptoSlam! data also shows.
So far this month Bitcoin Frogs NFTs have registered $5.9 million in trading, according to CryptoSlam! data. The collection generated about $52,000 in trading in April.
Crypto Twitter has been quick to react to what seems like an historic, if not potentially short-lived, milestone.
“An ordinals collection just became the highest volume NFT collection across all chains for the first time,” @LeonidasNFT posted to Twitter. “Don't sleep on Bitcoin,” the account with nearly 70,000 followers added.
Bitcoin Frogs are “10,000 unique frog collectibles minted directly on the Bitcoin Blockchain,” according to the collection's Twitter account. On Discord, the collection is described as a “free-to-mint” project meant to “encourage adoption of Ordinals.”
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