Bitcoin Blockchain Notes Record-High NFT Sales � CryptoMode
Cryptomode_202406 Jun, 2024Business
Even though the month is relatively new, there have been $3.82 billion in NFT sales on the Bitcoin blockchain, making it one of the top five blockchains for digital collectibles. This milestone is primarily attributed to the birth of Ordinal inscriptions, which has significantly boosted the popularity of Bitcoin-based NFTs. Before the launch of Ordinal inscriptions, BTC?s involvement in the NFT market was relatively modest and was primarily facilitated by technologies like Counterparty.
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