A brand new Bitcoin (BTC) ordinals venture known as Bitcoin Wizards, and its native token WZRD, are dominating each the crypto and non-fungible token (NFT) sectors after recording vital beneficial properties over the previous day.
WZRD is up by 88% prior to now 24 hours and is buying and selling at $9 on the time of writing — making it the highest gainer among the many main 500 cryptocurrencies. The asset briefly touched an intraday excessive of $113.8 at round 09:30 UTC on April 16 after its buying and selling exercise skyrocketed.
On April 15, 5 days after its launch, WZRD reached an all-time excessive of $197.75. The token’s every day buying and selling quantity surged by 198%, at present standing at $10.1 million.
In accordance with data offered by CryptoSlam, the Bitcoin Wizards NFT gross sales quantity rallied by 325% over the previous 24 hours, reaching $5.48 million. The variety of consumers and sellers elevated by 110% and 85% during the last day, reaching 547 and 455, respectively.
Furthermore, the worldwide NFT gross sales quantity surged by 15% prior to now 24 hours and is at present hovering on the $40 million mark, per CryptoSlam.
In accordance with the information supplier, Bitcoin is main the charts with $20.6 million in NFT gross sales, adopted by Ethereum’s $7.6 million quantity.
Regardless of Bitcoin main the NFT gross sales, solely $17,871 of its quantity accounts for wash trades — Ethereum’s wash quantity is at present sitting at $6.5 million.
Whereas the Bitcoin-based NFTs gained spectacular momentum over the previous yr, Binance introduced that the alternate’s NFT market will not support digital collectibles on the main blockchain community beginning on April 18.