Summary
TLDR: NodeMonkes project flipped Bored Ape Yacht Club with a market cap of 7,300 BTC, worth around $490 million. NodeMonkes surged in value after a recent floor price increase. Bitcoin Ordinals projects like NodeMonkes and Runestone have seen increased demand and trading volume, with anticipation for the upcoming Rune token protocol launch in April. Bored Ape Yacht Club creator Yuga Labs also launched TwelveFold, a collection of Ordinal inscriptions.
Key Points
1. NodeMonkes project flipped Bored Ape Yacht Club with a market capitalization of 7,300 BTC, around $490 million, according to Magic Eden.
2. NodeMonkes is a collection of 10,000 8-bit monkey-themed digital collectibles, launched in December.
3. Bitcoin Ordinals projects have seen rising demand recently, with NodeMonkes #2769 selling for 17 BTC, around $1.08 million, on Magic Eden in February.