CDS Crypto News OKXNFT Releases Bitcoin Ordinal NFT Collection According to Latest Developments
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OKXNFT Releases Bitcoin Ordinal NFT Collection According to Latest Developments

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Okxnft Releases Bitcoin Ordinal Nft Collection According To Latest Developments

OKXNFT recently announced that it would release the first Bitcoin Ordinal NFT collection. The collection has finally been released!

OKXNFT Releases Bitcoin Ordinal NFT Collection According to Latest Developments

In a statement, OKX declared that BTCNFT is an NFT approved by them. In the continuation of the statements, OKX said that it is a real NFT as well as an item that can be easily withdrawn to the BTC wallet with the help of EmblemVault.

The base price of the collection of 3500 different items is set at 1.09 ETH. In addition, the collection is currently known to have more than 1500 owners that have been recorded.

Growth in NFT Market

Despite the collapse of LUNA, there were many positive developments in the NFT Market. For the busy market, there was a noticeable growth in the trading volume of NFTs between January and February. This development helped the market reach $2 billion for the first time since May 2022. However, despite all this, there was a 31.46% decline in February.

On the other hand, even though there was a decline, ETH was a great success, remaining the most traded blockchain. From January to February, ETH’s trading volume increased by 174%. This success means that the chain now has a volume of $1.8 billion. As a result, the blockchain dominates 83.36% of the entire market in light of this data.

References

news.coincu.com

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lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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