Michi MICHI/USD, a novel cat-themed meme coin on Solana SOL/USD, has garnered significant attention within the crypto community. A trader who initially invested $3,540 in MICHI on April 8 witnessed a remarkable surge in its value, eventually earning a profit of $1.88 million. This case study highlights the importance of patience and strategic decision-making in trading, particularly within the volatile cryptocurrency market.

May 14, 2024 at 06:57 pm

Despite the current bear market in the non-fungible token (NFT) market, experts remain optimistic about the future of NFTs. This week's top-selling NFT collections include Mutant Ape Yacht Club, Bored Ape Yacht Club, Mad Lads, DeGods, Solana Monkey Business, Pudgy Penguins, Bitcoin Ordinals, Azuki, $WZRD BRC-20, and Runestone. While trading volumes and floor prices have declined, experts believe NFTs are experiencing a temporary lull and will rebound in the future.

May 07, 2024 at 06:21 pm

NodeMonkes surged to the top of the NFT market on Thursday, surpassing $SATS BRC-20 NFTs to become the top Bitcoin collection, with over $1.62 million in sales. NodeMonkes' all-time sales volume now stands at $210.72 million, while CryptoPunks remains the second-highest performing collection of the day with a daily sales volume of $1.33 million, bringing its all-time sales volume to $2.82 billion.

May 03, 2024 at 07:47 pm

Despite an overall decline in NFT sales, Azuki surged to the top of the sales chart on Tuesday, accumulating $1.13 million and becoming the eighth largest collection with a total sales volume of $1.12 billion.

May 02, 2024 at 12:30 am

Ethereum-based Azuki dominated NFT sales on Tuesday, hitting $1.13 million, making it the eighth-largest collection with an all-time sales volume of approximately $1.12 billion. Despite an overall sales decline, DMarket and Dokyo followed suit, generating impressive daily sales of $887,880 and $716,860, respectively.

May 01, 2024 at 03:34 pm

The NFT market has experienced another week of decline, with trading volume falling 18%. Bitcoin and Solana-based NFTs have been the most affected. Despite the drop in sales, the number of collectors and traders buying NFTs has increased. Ethereum, Bitcoin, and Solana were the top-traded blockchain networks for NFTs this past week. The most expensive NFT sold last week was Crypto Punks #635, which went for over $12 million. The NFT market is expected to bounce back once the current memecoin season fades out.

Apr 29, 2024 at 10:07 pm

NodeMonkes surged to the NFT market's top, surpassing $1.05 million in sales on Thursday, becoming the 30th largest NFT collection with an all-time sales volume of $205.01 million. Bored Ape Yacht Club (BAYC), the second-highest performer, brought in $1.02 million, maintaining its position as the industry's second most-traded collection with $3.13 billion in all-time sales.

Apr 25, 2024 at 04:51 pm

Bitcoin Runes, introduced by Casey Rodarmor in April 2024, are fungible tokens built on the Bitcoin blockchain via the Runes protocol. Designed for efficiency and immutability, Runes address the limitations of previous Bitcoin fungible tokens. They offer a wider range of use cases, such as memecoins and DeFi, and are fully compatible with the Lightning network. Compared to BRC-20 tokens, Runes require less data, are more scalable, and are stored entirely on-chain, making them a more secure and decentralized asset class.

Apr 23, 2024 at 11:03 pm

The price of Popcat has surged 53% in the past 24 hours, trading at $0.3028 with an increased trading volume of 103%. The Solana-based meme coin has seen a surge in investors, influenced by community growth and speculation of a rotation into cat-themed tokens. The Popcat price is trading above its highest volume nodes, indicating strong support and resistance levels.

Apr 23, 2024 at 12:25 am