Quantum Cats NFT Collection Jumps in Value, Dominates Secondary Market Trade Volume

Following the motorboat of Taproot Wizards’ Quantum Cats non-fungible token (NFT) series, secondary marketplace enactment reveals important trading measurement and a important summation successful the collection’s minimum value. Initially offered astatine 0.1 bitcoin each, Quantum Cats’ lowest worth present fluctuates astir 0.303 bitcoin oregon $13,062 for each NFT.

Quantum Cats Floor Values Leap to New Heights

Just 48 hours prior, Bitcoin.com News covered the Quantum Cats NFT launch, which had experienced some setbacks. Post-launch, having garnered implicit $12 cardinal done archetypal sales, Quantum Cats are present commanding prices good supra the 0.1 BTC archetypal cost. According to Magic Eden’s figures, transactions totaling 257.6658 BTC, equivalent to $11.1 million, person been executed for Quantum Cat since they were introduced to the secondary market.

Moreover, connected the Okx Bitcoin inscriptions trading platform, the Ordinals bid has recorded 245.3061 BTC oregon $10.57 cardinal successful transactions since its debut. Magic Eden lists the Quantum Cats collection’s minimum worth astatine 0.303 BTC oregon $13,062, whereas Okx shows a minimum of 0.338 BTC oregon $14,571 per collectible. This indicates that since their archetypal listing, the NFTs’ lowest worth has surged to much than threefold the archetypal merchantability price.

Currently, of the 3,333 NFTs, 533 are up for grabs connected Magic Eden, with lone 28, oregon 0.84%, disposable connected Okx’s inscriptions marketplace. With 2,720 chiseled holders, the postulation ranks arsenic the starring NFT bid connected some Okx and Magic Eden arsenic of 9:00 a.m. Eastern Time connected Wednesday.

At the moment, Bitcoin-centric NFT income rank conscionable down Ethereum, with a full of $64,615,064 successful income implicit the erstwhile week, compared to Ethereum’s $100,712,013. Despite this, Quantum Cats look stiff contention from established Bitcoin inscription bid similar Bitcoin Punks and Ordinal Maxi Biz. Notably, 5 days ago, Bitcoin Punk #60 fetched $169,266, marking it arsenic the priciest Ordinal inscription sold successful the past week.

What bash you deliberation astir the Quantum Cats NFTs rising successful worth connected secondary markets? Share your thoughts and opinions astir this taxable successful the comments conception below.