NodeMonkes Surpasses Pudgy Penguins and MAYC in Market Cap

The Bitcoin NFT NodeMonkes has been creating waves in the NFT market with its recent price hikes. In an X post, Wu Blockchain pointed out that NodeMonkes, the 10k NFT collection inscribed on Bitcoin, has surged past 0.89 BTC ($56,500) with an astounding increase of 25%.

NodeMonkes is an NFT collection available on Magic Eden, a leading community-centric NFT marketplace. According to the current CoinGecko data, NodeMonkes (NODEMONKES) is priced at 0.88 BTC, valued at $56,062. The NFT collection boasts a 24-hour sales volume of 73.32 BTC. As of today, a total of 10,000 NFTs have been minted by 4,575 unique owners.

Reportedly, the NodeMonkes has surpassed the leading players, such as Pudgy Penguins (PPG) and Mutant Ape Yacht Club (MAYC), in market cap. According to Wu, NodeMonkes is ranked third in the NFT market cap leaderboard, with a market cap of $560,616,371, following CryptoPunks (PUNK) and Bored Ape Yacht Club (BAYC).

While Pudgy Penguins’ floor price lies at $15.10 ETH, its market cap is marked as 134,209 ETH, valued at $467,302,715. At the same time, MAYC is priced at 3.70 ETH with a market cap of 49,650 ETH ($172,869,101).

Amidst the increasing floor price of NodeMonkes, an individual NFT enthusiast, bc1p8j…fh3csy, bought 6 Alien NodeMonkes, spending 53.45 BTC worth $3.38 million. Currently, the address holds a total of 19 NodeMonkes NFTs. NodeMonkes’ price surge and the community’s massive purchases show the NFT collection’s growing popularity and wider acceptance.