The latest viral phenomenon in the world of cryptocurrency is the rise of PEPE, a trending meme coin that has quickly gained popularity and overshadowed other cryptocurrencies. But now, the Pepe Coin frenzy has extended its reach into the Non-fungible token (NFT) arena. Bitcoin Frogs, a newly launched NFT project featuring a Pepe theme, has taken the community by storm, capturing attention even amidst the ongoing excitement surrounding Bitcoin Ordinals.
Pepe Themed NFT Sales Up By 179%
According to recent data, Bitcoin Frogs, a series of Bitcoin-themed NFTs, has surpassed the Bored Ape Yacht Club (BAYC) as the top-grossing NFT series in terms of transaction volume over the past 24 hours. The Pepe coin-inspired NFT series has generated an impressive transaction volume of over $2 million, with approximately 700 transactions taking place.
In the span of 24 hours, sales of Bitcoin Frogs have experienced a significant surge of 179%, reaching $2.25 million. Moreover, transactions for Bitcoin Frogs have witnessed a notable increase of over 70%. On the other hand, BAYC sales have seen a decline of approximately 46%, amounting to around $1.15 million. The transaction volume for BAYC has also dropped by 56%.
These figures demonstrate the growing popularity and success of the Bitcoin Frogs NFT series, as it continues to gain traction and outperform other prominent NFT collections such as Bored Ape Yacht Club in terms of recent sales and transaction activity.
At present, Bitcoin Frogs are being traded at an average price of 0.12 Bitcoin, which is approximately worth $3,200. According to available data, traders are paying fees ranging from $50 to around $1,200. These trending NFTs are described as 10,000 purely digital collectibles that will forever be associated with the Bitcoin blockchain.
The craze surrounding PEPE experienced a temporary slowdown in the past week as its price started to decline. Over the course of the last 7 days, the price of PEPE dropped by approximately 3%. However, it's important to note that the price of PEPE still exhibits a staggering increase of 2000% over the last 30 days. As of now, PEPE is being traded at an average price of $0.00000158.
