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The NFT collection Quantum Cats is rapidly increasing in value

The NFT collection Quantum Cats is rapidly increasing in value

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by dapp_writer007

9 months ago


The NFT collection named Quantum Cats, created by Taproot Wizards, is gaining popularity on the secondary market, showing a significant increase in value. Initially sold at a price of 0.1 bitcoin each, NFTs from this series are now valued at 0.303 bitcoin, or approximately $13,062 per unit. In the first 48 hours after launch, the collection raised over $12 million, with the total transaction volume on the secondary market reaching 257.6658 BTC (about $11.1 million).

The trading platform Okx Bitcoin inscriptions recorded transactions amounting to 245.3061 BTC ($10.57 million) since the debut of the series in the Ordinals project. The minimum price of Quantum Cats NFTs on the Magic Eden platform is 0.303 BTC ($13,062), while on Okx it is 0.338 BTC ($14,571). This shows that the minimum price of NFTs has tripled compared to the initial sale price.

Currently, the collection consists of 3,333 NFTs, of which 533 are available for purchase on Magic Eden, and only 28 are available on the Okx trading platform. The collection has 2,720 different owners and is the leading NFT series on both Okx and Magic Eden.

Bitcoin-oriented NFT sales rank second after Ethereum in total sales volume over the last week, amounting to $64,615,064 compared to Ethereum's $100,712,013. Quantum Cats face competition from well-known bitcoin inscriptions such as Bitcoin Punks and Ordinal Maxi Biz, with Bitcoin Punk #60 being sold for $169,266, becoming the most expensive ordinal inscription sold over the last week.

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