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CryptoXTimes > Article > Bitcoin News > Bitcoin Wizards Emerges as Dominant Force in Crypto and NFT Markets
Bitcoin NewsNews

Bitcoin Wizards Emerges as Dominant Force in Crypto and NFT Markets

Bitcoin Wizards and WZRD token dominate crypto and NFT sectors.

Nayab Fatima
Last updated: April 17, 2024 11:22 am
Nayab Fatima 1 year ago
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Bitcoin Wizards Emerges as Dominant Force in Crypto and NFT Markets

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.

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TAGGED: Bitcoin, Blockchain, Crypto
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