Bitcoin Ordinals project NodeMonkes flipped Bored Ape Yacht Club earlier Monday with a market capitalization of 7,300 BTC, around $490 million, according to cross-chain NFT marketplace Magic Eden. By comparison, Bored Ape Yacht Club’s market capitalization at the time was 136,500 ETH, or around $483 million, according to the NFT analytics site NFT Price Floor.
The Ethereum-based Apes are back on top, as of this writing, but the collections remain close—there’s less than $30 million worth of crypto between their respective market caps, as of this writing.
Launched in December, NodeMonkes is a collection of 10,000 8-bit monkey-themed digital collectibles. The market cap for an NFT project is the floor price multiplied by the number of assets in the collection.
In February, NodeMonkes
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Author: Jason Nelson
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