Quantum Cats NFT Collection Jumps in Value, Dominates Secondary Market Trade Volume

Following the launch of Taproot Wizards’ Quantum Cats non-fungible token (NFT) sequence, secondary market exercise reveals vital buying and selling quantity and a big enhance within the assortment’s minimal worth. Initially supplied at 0.1 bitcoin every, Quantum Cats’ lowest worth now fluctuates round 0.303 bitcoin or $13,062 for every NFT.

Quantum Cats Floor Values Leap to New Heights

Just 48 hours prior, Bitcoin.com News covered the Quantum Cats NFT launch, which had skilled some setbacks. Post-launch, having garnered over $12 million by means of preliminary gross sales, Quantum Cats are actually commanding costs nicely above the 0.1 BTC preliminary price. According to Magic Eden’s figures, transactions totaling 257.6658 BTC, equal to $11.1 million, have been executed for Quantum Cat since they have been launched to the secondary market.

Moreover, on the Okx Bitcoin inscriptions buying and selling platform, the Ordinals sequence has recorded 245.3061 BTC or $10.57 million in transactions since its debut. Magic Eden lists the Quantum Cats assortment’s minimal worth at 0.303 BTC or $13,062, whereas Okx reveals a minimal of 0.338 BTC or $14,571 per collectible. This signifies that since their preliminary itemizing, the NFTs’ lowest worth has surged to greater than threefold the unique sale worth.

Currently, of the three,333 NFTs, 533 are up for grabs on Magic Eden, with solely 28, or 0.84%, out there on Okx’s inscriptions market. With 2,720 distinct holders, the gathering ranks because the main NFT sequence on each Okx and Magic Eden as of 9:00 a.m. Eastern Time on Wednesday.

At the second, Bitcoin-centric NFT gross sales rank simply behind Ethereum, with a complete of $64,615,064 in gross sales over the earlier week, in comparison with Ethereum’s $100,712,013. Despite this, Quantum Cats face stiff competitors from established Bitcoin inscription sequence like Bitcoin Punks and Ordinal Maxi Biz. Notably, 5 days in the past, Bitcoin Punk #60 fetched $169,266, marking it because the priciest Ordinal inscription offered within the final week.

What do you consider the Quantum Cats NFTs rising in worth on secondary markets? Share your ideas and opinions about this topic within the feedback part beneath.