In an amazing rise, Bitcoin Wizards, a new project that deals with Bitcoin (BTC) futures, and its own token WZRD have taken over both the cryptocurrency and non-fungible token (NFT) markets, showing significant upside in the last day.
In the last 24 hours, WZRD has gone up an amazing 88%, and it is now worth $9 at the time of this report. This rise puts it at the top of the list of the 500 best-performing cryptocurrency. Notably, the asset quickly hit an all-time high of $113.8 around 09:30 UTC on April 16 after a huge increase in trading activity.
Bitcoin’s WZRD Token Hits Record High
It was only five days before WZRD hit an all-time high of $197.75 on April 15. The daily trade volume of the token has gone up by an amazing 198%, and it is now worth $10.1 million.
CoinSlam data shows that the number of Bitcoin Wizards NFTs sold has increased by an amazing 325% in the last 24 hours, reaching $5.48 million. Along with this rise, there has been a noticeable rise in both buyers and sellers, with 547 and 455 transactions, up 110% and 85%, respectively, in the last day.
Additionally, CryptoSlam reports that the total amount of NFTs sold has increased by a huge 15% in the last 24 hours, hitting $40 million. Bitcoin has the most NFT sales in this area, with $20.6 million. Ethereum is close behind, with $7.6 million in sales.
Bitcoin, on the other hand, has the most NFT sales, but only $17,871 of its value is made up of wash trades. Ethereum, on the other hand, has $6.5 million in wash trades.
Over the past year, Bitcoin-based NFTs have grown very quickly. However, Binance has announced that starting April 18, its NFT marketplace will no longer allow digital collectibles on the main blockchain network.