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You are here: Home / Cryptocurrency News / Runestone Rally: Bitcoin NFTs Surge 50%, Exceeding MAYC Value

Runestone Rally: Bitcoin NFTs Surge 50%, Exceeding MAYC Value

By Aishwarya shashikumar | Edited By Ammar Raza,March 18, 2024, 5:40 PM

Bitcoin

The meteoric rise of Bitcoin NFTs in the digital art world is turning heads yet again. In just 24 hours, the floor price of Bitcoin NFT NodeMonkes has surged by over 50%, reaching an impressive 0.82 BTC, boasting a market value of $554 million. This surge catapults NodeMonkes into the second-largest NFT position, overtaking renowned collections like Bored Ape Yacht Club (BAYC).

Concurrently, another Bitcoin NFT, Runestone, has experienced a similar surge, growing by over 50% in the past week to over 0.04 BTC, with a market value exceeding $310 million. This places Runestone as the sixth-largest NFT, outpacing other notable collections like Mutant Ape Yacht Club (MAYC).

These significant leaps underscore the increasing significance and appeal of Bitcoin-based NFTs, solidifying their position in the digital art landscape alongside iconic collections like CryptoPunks.

However, earlier this month, as reported by TWJ, in a remarkable week of accomplishments, Shiba Inu (SHIB) had captivated the digital currency sphere with a string of milestones. Spearheaded by Shytoshi Kusama, the project’s development lead, Shiba Inu introduced enhancements to its token burn system alongside an innovative NFT initiative dubbed SHEboshi.

These strategic moves not only elevate Shiba Inu’s standing but also breathe fresh vitality into its community and the wider crypto market. With innovative developments and proactive leadership, Shiba Inu continues to assert its presence and influence within the ever-evolving landscape of digital currencies.

Bitcoin Market Cap Milestone

Bitcoin continues its upward trajectory in the financial markets, with the live price sitting at an impressive $67,947.00 per BTC/USD. This surge reflects a current market cap of $1,335.65 billion USD, with a substantial 24-hour trading volume of $43.48 billion USD. The BTC to USD price remains dynamically updated in real-time, showcasing the world’s largest cryptocurrency’s fluidity and relevance in the global economy.

Notably, Bitcoin has surged by +2.53% in the last 24 hours, further solidifying its position as a lucrative investment option. With a circulating supply of 19.66 million, Bitcoin maintains its status as a leading digital asset, attracting both seasoned investors and newcomers alike with its promising returns and enduring resilience.

Filed Under: Cryptocurrency News, Bitcoin (BTC), World

About Aishwarya shashikumar

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