Bitcoin Frogs have overtaken Bored Apes as the most traded NFT collection in the past 24 hours, which is a major milestone for the emerging Ordinals market. This collection has generated more than $2 million from nearly 700 transactions.
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Compare that to Bored Ape Yacht Club, the world's most valuable NFT collection by market share, which has ranked third over the past day with about $1.3 million in transactions, data from CryptoSlam! also shows.
So far this month, Bitcoin Frogs NFTs have reached $5.9 million in transactions, according to data from CryptoSlam. This collection generated about $52,000 in transactions in April.
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The Crypto Twitter community was quick to react to what was a historic, albeit short-lived, achievement.
@LeonidasNFT posted on Twitter: "A collection of ordinals just became the NFT collection with the highest trading volume across all chains for the first time. Don't sleep on Bitcoin," the account has nearly 70,000 people. monitor.
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Bitcoin Frogs are "10,000 unique frog collectibles created directly on the Bitcoin Blockchain," according to the collection's Twitter account. On Discord, the collection is described as a "free to create" project intended to "encourage adoption of Ordinals".