NodeMonkes Floor Price Approaching 1 BTC, Market Cap Surpasses Boring Apes as the Second Largest NFT Project

NodeMonkes’ floor price has approached 0.82 BTC, which is close to 1 bitcoin. Its floor price and market value have surpassed Bored Ape Yacht Club (BAYC). Meanwhile, Pudgy Penguins, which had a successful marketing campaign, has dropped from its recent high of 20 ETH to 10 ETH.

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NodeMonkes Soars to 0.8 BTC
NodeMonkes Ranks as the Second Largest NFT by Market Value
NFT Traders Flocking to “Meme” Narrative?
NodeMonkes Soars to 0.8 BTC
CoinGecko
Data shows that the Bitcoin NFT project NodeMonkes has surged over 52.2% in the past 24 hours, with a floor price approaching 0.82 BTC.

NodeMonkes Data
NodeMonkes Ranks as the Second Largest NFT by Market Value
NodeMonkes’ overall market value has reached approximately $560 million, surpassing the blue-chip NFT Bored Ape Yacht Club (BAYC) and second only to CryptoPunks with $1.76 billion.
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Another Bitcoin NFT project, Runestone, has also seen a 40.7% surge in its floor price, reaching a market value of $306.5 million, making it the sixth-largest NFT project by market value.

NodeMonkes Ranks as the Second Largest by Market Value
NFT Traders Flocking to “Meme” Narrative?
Nick Ruck, the Chief Operating Officer of ContentFi Labs, told The Block:
“Just as crypto traders are shifting from ETH to SOL meme coins, NFT traders are also flocking to Bitcoin NFTs.”
He believes that NodeMonkes’ surge may also be related to the increase in Ethereum gas fees and the depletion of Ethereum NFT liquidity. Even Pudgy Penguins has dropped from its recent high of 20 ETH to 10 ETH.
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Pudgy Penguins, available at 3,100 Walmart stores, with a floor price approaching 20 ETH
)
NFT
NodeMonkes
Pudgy Penguins

Further Reading
Starbucks Abruptly Ends NFT Rewards Program: Preparing for Next Phase
Rolex and Wine on the Blockchain? VanEck Launches NFT Platform “SegMint” Focused on NFT Ownership Fractionation