• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

Here’s Exactly When to Grab the Next Wave of Crypto Altcoins

2025-07-12

Bitcoin’s Next 6 Months—Here’s the Full Map 🧠🟧

2025-07-12

Markets Are Going BONKERS! Friday Firestorm! 🚨🔥

2025-07-11

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What Is Copy Trading in Crypto? A Beginner’s Guide

    2025-07-10

    A Step-by-Step Guide for Risk-Takers

    2025-07-09

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    2025-07-09

    How It Works and What to Watch Out For

    2025-07-09

    Crypto Risk Management Strategies for Trading (2025)

    2025-07-07
  • Videos

    Here’s Exactly When to Grab the Next Wave of Crypto Altcoins

    2025-07-12

    Bitcoin’s Next 6 Months—Here’s the Full Map 🧠🟧

    2025-07-12

    Markets Are Going BONKERS! Friday Firestorm! 🚨🔥

    2025-07-11

    Bitcoin Pushes Higher – $120K Next Milestone in Sight

    2025-07-11

    Bitcoin $118,000

    2025-07-11
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Bitcoin»Bitcoin NFTs help Magic Eden cross $100M in sales
Bitcoin

Bitcoin NFTs help Magic Eden cross $100M in sales

2024-02-28No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
Avatar

Journalist

Posted: February 29, 2024


  • Bitcoin NFTs’ volume climbed to over $100 million on the NFT platform.
  • BTC collections were featured among the top collections.

Magic Eden’s recent data revealed a substantial dominance of Bitcoin [BTC] NFT volume on the network, setting a new record.

Amidst the flourishing NFT sales on this platform, let’s delve into the overall growth of Bitcoin NFT volume over the past 30 days.

Bitcoin NFT volume leads on Magic Eden

AMBCrypto’s analysis of the NFT volume from different networks on Magic Eden showed that Bitcoin has emerged as the network with the highest volume in February so far.

Data from Dune Analytics showed that the NFT volume was over $106 million at the time of this writing. This meant that the volume comprised 61.5% of the network’s volume.

Further analysis of the data showed that the volume in the past month was around $81 million, which meant that there was significant growth in the current month.

Bitcoin NFT volume

Source: Dune Analytics

Bitcoin emerges second in overall NFT volume

According to an analysis of NFT volume on Crypto Slam NFT, Bitcoin had the second-highest NFT volume in the past 30 days.

The data showed that the NFT sales volume on the network was over $286 million during this period. 

Further examination of the NFT collection sales rankings highlights that two collections from the Bitcoin network hold the second and third positions.

At the time of this writing, it also ranked second among networks with the highest sales volume, having achieved a sales volume of over $12 million.

See also  Crypto Analyst Breaks Down Bitcoin (BTC), Fantom (FTM), Litecoin (LTC) and the Altcoin Markets

Notably, an uncategorized collection from Bitcoin led the collection sales ranking with over $2.4 million at the time of this writing.

Has the NFT volume impacted network fees?

Despite the notable surge in Bitcoin NFT sales volume, an analysis of the fees on the Bitcoin network indicates a minimal impact.


How much are 1,10,100 BTCs worth today?


Crypto Fees’ chart showed that, except for a peak on the 3rd of February when the fee surpassed $7 million, the fees have consistently remained in the $1 million range.

The fee was over $1.8 million at the time of this writing.

Next: PEPE reclaims $1B market cap to lead memecoin season, but…
100M Bitcoin Cross Eden Magic NFTs sales
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Pushes Higher – $120K Next Milestone in Sight

2025-07-11

Bitcoin $118,000

2025-07-11

Bitcoin Shatters All-Time High…Next Stop

2025-07-10

Bitcoin Coiled Like a Spring with $170K Target

2025-07-10
Add A Comment

Leave A Reply Cancel Reply

Top Posts
DeFi

The Visionary Behind Uniswap: Journey of Hayden Adams

2024-06-22

Hayden Adams transitioned from mechanical engineering to founding Uniswap, revolutionizing the DeFi space with his…

Videos

🚀BTC Conference: Day 1 Bullish Highlights!🌟

2024-07-26

Bitcoin #GameTheory #ReserveAsset #BTCPriceTargets #Saylor #MSTR JOIN THE FAMILY: …

NFT

Binance Launches NFT Loan Feature

2023-05-26

On May 25, Web3 marketplace Binance announced it will allow NFT owners to use their…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

Here’s Exactly When to Grab the Next Wave of Crypto Altcoins

2025-07-12

Bitcoin’s Next 6 Months—Here’s the Full Map 🧠🟧

2025-07-12

Markets Are Going BONKERS! Friday Firestorm! 🚨🔥

2025-07-11

Bitcoin Pushes Higher – $120K Next Milestone in Sight

2025-07-11
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 116,672.26
ethereum
Ethereum (ETH) $ 2,968.05
xrp
XRP (XRP) $ 2.83
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 678.58
solana
Solana (SOL) $ 159.20
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.190563
tron
TRON (TRX) $ 0.298358
staked-ether
Lido Staked Ether (STETH) $ 2,962.86
bitcoin
Bitcoin (BTC) $ 116,672.26
ethereum
Ethereum (ETH) $ 2,968.05
xrp
XRP (XRP) $ 2.83
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 678.58
solana
Solana (SOL) $ 159.20
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.190563
tron
TRON (TRX) $ 0.298358
staked-ether
Lido Staked Ether (STETH) $ 2,962.86