CandleFocus NodeMonkes Climb the NFT Ladder: Price Pumps Over 65%
2024-09-24
Author: Content Editor
The NodeMonkes NFT collection has quickly risen in the overall market cap rankings, moving from 10th to 5th place in just one week. The collection features pixelated primates that are native to the Bitcoin blockchain. NodeMonkes has shown impressive performance, with a 15.3% increase in the last 24 hours and a 67.4% surge in the past seven days. Over the past month, the collection's value has increased by 40.4%. NodeMonkes distinguishes itself by utilizing Bitcoin's Ordinals protocol, which directly inscribes the artwork onto satoshis. This strategic move of delaying the launch to allow the Ordinals ecosystem to mature seems to be paying off as the collection gains traction. The initial drop of NodeMonkes used a Dutch auction format, and now it is challenging the idea that Ethereum is the only platform for serious NFT projects. It remains to be seen if NodeMonkes can maintain its momentum or if this surge is temporary.
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