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Today, we look at Bitcoin’s surprise emergence as the go-to platform for NFTs, Ethereum’s recent price spike, and how Meme Moguls (MGLS) has reached another new all-time high during an ongoing presale event. Let’s dive into the details.

Bitcoin NFT Sales Surge Past $870 Million

Bitcoin’s rise as the NFT platform of choice is a surprising turn of events. The leading cryptocurrency has always been seen as digital gold, with limited use cases beyond being a store of value.

So, when it came to NFTs, Solana was the obvious choice due to its smart contract capabilities and low transaction costs. However, recent data from CryptoSlam shows that Bitcoin’s monthly NFT sales have surpassed $870 million, compared to Solana’s $330 million in the same period.

Technically speaking, Bitcoin NFTs are not actually non-fungible tokens but rather a new concept known as Bitcoin Ordinals. Invented by Casey Rodarmor in 2022, Ordinals are inscriptions on an individual Bitcoin satoshi. Inscriptions can be text, videos, images, and even music.

The biggest Bitcoin Ordinal project is Ordinal Punks, with a current floor price of 1.75 BTC. However, some in the community believe that Ordinal Punks is just a derivative project of the original Punks project on the Ethereum chain. Another popular Bitcoin Ordinals project is NodeMonkes with a current floor of 0.225 BTC.

Presale Rally for Meme Moguls (MGLS)

Meme Moguls redefines the play-to-earn landscape by blending the quirky world of memes with the high rewards of stock trading. This platform offers entertainment, educational insights into stock trading, and rewards at every turn.

Players are greeted with $100,000 in virtual funds to kickstart their trading journey, allowing them to learn the ins and outs of stock trading through a fun, gamified experience. The main goal of the game is to become the ultimate meme mogul and top the Wealth Leaderboard.

Meme Moguls offers a range of competitive formats, including public tourna

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Author: Crypto Daily

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