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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

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    NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche

    NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche

    NFT Market Sees Mixed Results, Polygon Leads While Ethereum Collections Rebound

    NFT Market Sees Mixed Results, Polygon Leads While Ethereum Collections Rebound

    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

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    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

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    Courtyard Tops Sales, Doodles Leads in Growth

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    a new collection of NFT stamps inspired by Mozart and Hedy Lamarr

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    Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down

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    NFT sales drop to $129.8m, Avalanche sales surge 200%

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    Solana Meme Coin Bonk Launches ‘Kill-to-Earn’ Shooter Game

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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Somnia Launches Playground App to Empower Metaverse Creators

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    NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche

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    NFT Market Sees Mixed Results, Polygon Leads While Ethereum Collections Rebound

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    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

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    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

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    Courtyard Tops Sales, Doodles Leads in Growth

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    Solana Meme Coin Bonk Launches ‘Kill-to-Earn’ Shooter Game

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    Yuga Labs Offloads Moonbirds to OCG – Vision, Plans & Market Reaction

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    GameStop Buys Bitcoin, More Ethereum Games Close Up Shop

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    The Biggest Games Releasing in June 2025

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    Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data

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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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  • AI
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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

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  • Analysis
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Bitcoin Meme Coin PUPS Hits All-Time High, NFT Sales Soar Ahead of Halving

April 11, 2024
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Bitcoin Meme Coin PUPS Hits All-Time High, NFT Sales Soar Ahead of Halving
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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.

READ ALSO

NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche

NFT Market Sees Mixed Results, Polygon Leads While Ethereum Collections Rebound

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.

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.

Furthermore, data places PUPS BRC-20 NFTs in second place in sales volume over the last week, reaching $18.4 million from 3,232 transactions with 1,161 buyers. This surpasses the figures for NodeMonkes, which recorded $11.72 million in sales with only a 108.61% increase.

Read more: Top 5 BRC-20 Platforms To Trade Ordinals in 2024

UniSat reveals a staggering floor price of 61,799 sats for PUPS NFTs – equivalent to around 0.46 BTC or $32,655 at the time of writing.

Interestingly, PUPS trails only the “Uncategorized Ordinals” group, which achieved a remarkable $48.15 million in sales during the same period. The term “Uncategorized Ordinals” encompasses miscellaneous digital assets on the Bitcoin blockchain that aren’t part of recognized collections.

PUPS’s success reflects a wider trend. NFT sales volume on the Bitcoin blockchain has outpaced Ethereum and Solana over the past seven days. This is notable since Ethereum and Solana are traditionally associated with NFTs.

See also  Russia’s Sberbank Launches Digital Assets, NFT Offerings for Retail Investors

Data from CryptoSlam shows Ethereum’s seven-day NFT sales volume at $9.38 million, while Solana’s stands at $3.94 million. Bitcoin, in contrast, amassed an impressive $20.97 million.

NFT Sales Volume Across Blockchains. Source: CryptoSlam

This remarkable performance in the PUPS ecosystem coincides with the highly anticipated launch of Runes. Casey Rodarmor, a Bitcoin developer and creator of Ordinals, has created Runes as a new fungible token standard on the Bitcoin blockchain. Runes are slated to debut on Bitcoin’s mainnet following the imminent Bitcoin halving.

Read more: Bitcoin Halving Countdown

The launch of the Runes protocol will potentially add another layer of interest. It introduces a new way to utilize the Bitcoin blockchain.

Previously, BeInCrypto reported that asset manager Franklin Templeton highlights a “renaissance” in Bitcoin development spurred by Ordinals, new token standards (BRC-20, Runes), Layer 2 solutions, and DeFi applications.

“Bitcoin Ordinals have seen a surge in trading volume over the past several months,” analysts at Franklin Templeton wrote.

The firm’s digital asset arm outlined their Bitcoin Ordinals insight in a report titled “The Rise of Bitcoin Ordinals,” which was published earlier this month.

Tags: AheadAllTimeBitcoinCoinHalvingHighhitsmemeNFTPUPSSalesSoar

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