NFTs named Bitcoin Frogs, inspired by Pepe (PEPE), have reached incredible volumes.
Pepe (PEPE), who started the memecoin trend in the past days, was discredited as the news lost its impact. Finally, a post by Elon Musk on PEPE on Twitter increased PEPE by 100 percent in one day. Despite this, PEPE, which could not catch up with its former popularity, managed to attract the attention of investors with the emergence of new NFTs. Nearly $2 million in PEPE-themed NFT trading volume has been generated in the last 24 hours. PEPE, which somehow continues the madness, seems to be talked about a lot this time thanks to NFTs.
Great Interest in Pepe (PEPE) Themed NFTs
With the enthusiasm of PEPE, the newly launched NFTs inspired by frogs have become the most traded collections in the last 24 hours, surpassing even leading collections such as Bitcoin Frogs, Bored Apes. In line with data from CryptoSlam, Bitcoin Frogs, launched on Bitcoin Ordinals, has reached over $2.2 million in transaction volume. The NFT Collection describes itself as a collection of 10,000 unique frogs printed directly on the Bitcoin blockchain.
As of writing, each NFT is selling for 0.12 bitcoins (BTC) or over $3,200. Buyers and sellers pay transaction fees ranging from $50 to $1,200 starting Thursday. The data shows that Bitcoin Frog’s trading volumes are at 627 individual transactions.
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