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Bitcoin NFT has generally risen, which ones have performed best?

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This week, Bitcoin NFTs have experienced a lot of gains. Rhythm BlockBeats will take stock of the Bitcoin NFTs that have performed well in the market.

Author: Lüdong Xiaogong, BlockBeats

The NFT industry is rebounding, and Bitcoin NFTs are rising across the board.

Last week, NFT prices on major mainstream public chains including Solana, Polygon, Avalanche, and Cosmos all experienced an increase.

Projects such as Mad Lads, TENSORIANS, Okay Bears, and SMB on Solana have seen price increases ranging from 40% to 160%. The price of Pluto Misfits on Polygon has risen by over 370%. Additionally, Dokyo on Avalanche, Fuddies on SUI, Bad Kids on Cosmos, and Gh0stly Gh0sts and tiny dinos on LayerZero have also seen significant growth.

"除了铭文，主流公链们的 NFT 也涨疯了"

translates to "

"Apart from inscriptions, NFTs on mainstream public chains have also skyrocketed" (source)"

in English.

And this week, there have also been many increases in Bitcoin NFTs. BlockBeats has compiled a list of Bitcoin NFTs with outstanding market performance for everyone.

Bitcoin Frogs

As of the time of writing, the floor price of Bitcoin Frogs is 0.3895BTC.

Bitcoin Frogs was launched on March 8th, 2023. It is a collection of 10,000 digital assets and is widely recognized as a leading Bitcoin NFT project.

As one of the earliest Bitcoin Ordinals NFT projects, the birth of BitFrog originated from an accidental contact between Vibegawd of Deezy Labs and anonymous artist Frogtoshi, who created 10k art pieces for Frogs. Deezy Labs, as one of the few launch platforms that supported lightning payments on the Bitcoin network at the time, provided technical support for the birth of Frogs. Deezy Labs had previously successfully launched 3k NFT works of Astral Babes and was able to earn the difference from inscription fees to generate revenue for the platform.

Interestingly, during the Frogs casting process, due to issues with image layering, all of the casted Frogs ended up being "naked", with their clothes all behind them. This has been jokingly referred to by community members as "Only Frogs" (now also known as "naked frogs" due to printing errors).

Therefore, in this wave of rise, the increase of Bitcoin Frogs can be said to be the best performing one.

On December 15th, according to Magic Eden market data, the floor price of Bitcoin Frogs, an NFT project in the Bitcoin ecosystem, rose to 0.2768 BTC (approximately $11,841 USD), with a 55.5% increase in 24 hours. Two days later on December 17th, the floor price of Bitcoin Frogs rose directly to 0.4 BTC (approximately $16,768 USD), with a 60% increase in 24 hours.

Bitmap

As of the time of writing, the Bitmap floor price is 0.005BTC.

Bitmap.land is the first metaverse project in the Bitcoin ecosystem, built on the foundation of Ordinals theory and Bitmap theory. The project is currently focused on primary market sales of virtual land.

The bitmap theory was proposed by Twitter user @blockamoto on June 13, 2023. The core of this theory is to map each transaction input in a Bitcoin block to a parcel. Since the input size of each transaction is different, the size of the mapped parcel is also different. These parcels form a block's districts, creating a unique digital landscape.

The second phase of the Bitmap project introduced the concept of "parcelling", allowing users to independently partition their own plots within the block. This development was an important milestone for the creation of digital real estate on the Bitcoin blockchain.

Unlike other metaverse projects, Bitmap does not limit the number of land parcels, but instead links the creation of new Bitmaps to Bitcoin blocks. In theory, up to 144 new Bitmaps can be created every day, providing users with ample opportunities to discover and confirm their digital assets.

Goosinals

As of the time of writing, the floor price of Goosinals is 0.044BTC.

Goosinals is inspired by the generative artwork Ringers #879, which is nicknamed "Big Goose" due to its resemblance to a goose. Ringers is a generative art project released by Dmitri Cherniak in 2021, and its current floor price has reached 28.5 ETH. Among them, Ringers #879 with rare attributes was sold to the crypto hedge fund Three Arrows Capital for 1800 ETH (about 5.6 million US dollars), and it also became one of the most expensive Art Blocks works on the market at that time.

However, due to the bankruptcy of Three Arrows Capital, Ringers #879 was liquidated and auctioned off by well-known auction houses such as Sotheby's, and was eventually sold to the famous NFT collector @Punk6529 for over $6.2 million, becoming the second highest-selling generative art piece in history. It is worth mentioning that Ringers #879 also recently appeared in the latest episode of "The Simpsons" animated series.

Amidst the uproar caused by "The Goose", Beeple released related derivative works, and @Punk6529, Ordinals founder Casey Rodarmor, and domo showed great interest. Among them, domo proposed the interesting idea of the "First is First" series, which was recognized by Dmitri Chernia.

MNCHRMS

As of the time of writing, the MNCHRMS floor price is 0.01354 BTC.

MNCHRMS (pronounced "monochromes") is a Bitcoin Ordinals NFT collection created by the creative brand Beyond Rockets team in August 2023. The Beyond Rockets team primarily uses voxels as their medium and previously launched voxel art inspired by cities on the Cardano platform in 2021, including music albums and avatar collections.

The image of MNCHRMS only uses black (hex code #000000) and white (hex code #FFFFFF). This monochrome scheme corresponds to the binary nature of computer code, which is the foundation of cryptocurrencies such as Bitcoin. In addition, the project also uses this classic black and white color scheme to emphasize the simplicity of complexity, giving the black and white MNCHRMS an eternal, bold, and infinitely imaginative connotation that aligns with the idea that BTC is simple and eternal.

According to data from Magic Eden, the current floor price of the MNCHRMS collection is approximately $574.69 USD, with a 24-hour sales volume of 1.14 BTC. This collection has a total of 10,101 NFTs, owned by 2,424 unique holders, and has a total market value of approximately $5,804,894 USD.

DogePunks

As of the time of writing, the floor price of DogePunks is 0.01499 BTC.

DogePunks combines the famous Doge meme with the legendary CryptoPunks. This collection includes 10,000 unique pieces of digital art. In the early days of Bitcoin NFTs, DogePunks competed alongside Bitcoin Frogs, making it a "second dragon" of sorts.

The initiator of DogePunks is named Jerry (Twitter account @0xJerry543), who is also the founder of the GBRC 721 protocol. According to the GBRC 721 protocol document, it can save all on-chain resources while achieving 50%-90% block space optimization, thereby accommodating more creators and promoting innovation. When launching the GBRC 721 standard, Jerry also showcased OrdiBots as a case study to the community, similar to how Domo issued ordi when launching the BRC 20 protocol.

It is reported that DogePunks has been focusing on the development of the Asian community recently. RAF is looking for large over-the-counter sellers for trading.