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In December, Bitcoin NFTs — with surging curiosity in Ordinals and BRC-20 tokens — skilled a spike in gross sales, setting a brand new breaking file as per CryptoSlam.
The info aggregator revealed that Bitcoin NFT gross sales hit a file excessive with a complete of greater than $881 million, surpassing all earlier gross sales information for 2023 — a determine that significantly overtakes the previous file of $375 million set within the previous month.
CryptoSlam’s knowledge additionally highlighted that 111,713 purchaser addresses and 98,744 vendor addresses have been concerned in these transactions, setting new month-to-month file highs.
Cryptoslam reveals that NFT gross sales on the Bitcoin chain reached $881,223,753.92 in December 2023, setting the very best single-month gross sales file so far, together with 111,713 purchaser addresses and 98,744 vendor addresses, each setting the very best single-month information so far.…
— Wu Blockchain (@WuBlockchain) January 1, 2024
Rising Fascination with Ordinals
The fascination with Bitcoin NFTs is quickly rising on account of these digital belongings providing the flexibility to embed unique knowledge like photographs or movies onto particular person Satoshis, Bitcoin’s smallest unit.
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Digital artwork fanatic who brings a novel perspective to NFT information.