Summary
TLDR: Bitcoin NFTs are gaining popularity, surpassing Ethereum in sales volume. NodeMonkes collection leads in Bitcoin NFT sales, while Yuga Labs’ Bored Ape Yacht Club remains popular in Ethereum NFTs. Yuga Labs is exploring the Otherside Metaverse to enhance NFT utility and appeal. Bitcoin NFTs are growing rapidly, while Ethereum NFTs maintain high valuations due to innovation and diverse appeal.
Key Points
1. Bitcoin NFTs, led by the Ordinals innovation, achieved an impressive $168.5 million in sales, surpassing Ethereum in weekly sales volume by 80%.
2. NodeMonkes collection has seen sales rocket to over $41 million, a nearly 170% increase week-over-week, positioning it as a close second in sales following the uncategorized Ordinals.
3. Yuga Labs’ Otherside Metaverse project aims to revive interest in Ethereum NFTs by offering immersive digital experiences, despite receiving mixed feedback from early testers.