Summary
TLDR: PUPS, a meme coin project on the Bitcoin blockchain, has surged in value with a 1,075% increase in price over the past week. Its NFT sales have also skyrocketed by 6,948%. The success of PUPS reflects a wider trend of NFT sales volume on the Bitcoin blockchain outpacing Ethereum and Solana. The launch of the Runes protocol by Bitcoin developer Casey Rodarmor is expected to add another layer of interest to the ecosystem.
Key Points
1. PUPS, a meme coin project on the Bitcoin blockchain, has skyrocketed in value. Its price has been increasing by 1,075% for the past seven days.
2. CoinGecko data indicates PUPS is currently trading at $45.40. This level is just below its new all-time high of $47.44, reached during the early Asian market session.
3. PUPS NFT Sales Explode with 6,948% Increase. The surge in PUPS activity extends to its BRC-20 NFT collection. Sales have skyrocketed by 6,948% over the past seven days.