Galactic Buzz #45: 4/20 season is here, Komenauts!
Welcome aboard Galactic Buzz #45, your trusty spaceship navigating the swirling nebulae of digital collectibles.
This week, we’re setting sail through record-breaking sales and blockchain breezes, with a sprinkle of digital pixie dust. Buckle up as we uncover the treasure troves and avoid the digital sharks out for your crypto!
Top NFT Sales Analytics 📊
- The Global NFT marketplaces’ sales volume for the 7-day period is up by over 51.8% at nearly $320M
- Top 5 NFT Sales with their values for the previous 7 days:
Runes 4/20 Launch to reverse the crypto ruins!
The Bitcoin network is set to expand its functionality with the anticipated launch of the Runes protocol, timed with the Bitcoin halving on April 20. This initiative will introduce fungible tokens, diverging from the typical NFT structure, and could redefine asset interactions on the Bitcoin blockchain.
Emerging Trends:
- RSIC Ordinals - A notable project with airdropped tokens, offering mining capabilities to its holders, echoing the mechanics of traditional cryptocurrencies but within the NFT framework.
- NodeMonkes - Often likened to Ethereum's CryptoPunks, these are high-value Bitcoin-based PFPs commanding substantial market attention.
- Runestone - With a massive market cap, this project promises multiple token airdrops post-launch, heightening investor interest.
For enthusiasts and investors, these developments suggest a rich tapestry of opportunities as we approach the Bitcoin halving.
Top 10 Blockchains by NFT sales volume for the last 7 days 🏆
Connect with Us!
The recent surge in Bitcoin's NFT market performance, particularly with the PUPS collection leading with $2.15 million in sales and totaling over $5.3 million this week, aligns intriguingly with the upcoming launch of the Runes protocol on Bitcoin.
This uptick in activity is crucial as it showcases the growing interest and potential within the Bitcoin NFT ecosystem, which historically lagged behind Ethereum in terms of NFT sales volumes.
Meme Coins
The meme coin market on the Base Chain continues to captivate with its dynamic movements and intriguing tokens.
And guess what, you’ll able to trade on these on Komet Super Soon!!!
Here's a detailed look at the top five meme coins currently dominating this space:
Degen (DEGEN) - Leading the pack, Degen is currently priced at $0.02375. Despite a slight daily decrease of 0.35%, its trading volume stands at a substantial $31.8 million, reflecting significant market interest. Over the past month, Degen has seen a decline of 11.01%, yet it maintains a robust market cap of $877.9 million.
Based Shiba Inu (BSHIB) - With a current price of $0.0004775, Based Shiba Inu has a trading volume of $3.2 million. It has experienced a slight daily decrease of 0.14% and a more considerable monthly drop of 20.83%. Nevertheless, it holds a market cap of $4.7 million, illustrating a steady base of investor interest.
Cheeky Dawg (DAWG) - Priced at $0.00007812, Cheeky Dawg shows a promising daily increase of 1.16%, contrasting with a monthly decline of 28.85%. Its trading volume is $2.2 million, and it boasts a market cap of $781k, marking it as a smaller yet active player in the meme coin ecosystem.
PEPE BUT BLUE (PBB) - This creatively named token stands at $0.0007940. It has a trading volume of $1.2 million and has seen an impressive monthly growth of 30.82%, despite a daily decrease of 0.17%. PEPE BUT BLUE has a market cap of $794k, indicating growing trader enthusiasm.
BLERF (BLERF) - At $0.0001129, BLERF has a trading volume of $2.3 million. It has faced challenges with a monthly decrease of 39.02%, yet it continues to attract attention with a market cap of $1.1 million.
That wraps up this week's NFT tour! The cosmos of digital assets is vast and full of opportunities. Keep your scanners tuned to Galactic Buzz for more updates. Until next time, keep exploring and may your digital journeys be prosperous!
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Disclaimer: The Galactic Buzz provides news and updates from the NFT world. Always do your own research before making any investments.