·

Bitcoin Origins on WAX sales increase over 1200% in the last 7-days

Posted by
Ian Kane

Collectors rush to own a piece of Bitcoin history

Bitcoin Origins, an NFT collection available on the WAX blockchain, has seen a surge in traders and sales over the last 7-days as the hype around digital collectibles continues to gather interest.  

In the last 7-days, according to the DappRadar NFT rankings Bitcoin Origins has seen over 1,139 traders and 3,572 sales. Despite the surge in both traders and sales, the average value of a sale is still relatively low, however. Transaction volume in the last 7-days is just over $243,000 meaning that the average value of a transaction is around $213.

Source: DappRadar NFT Rankings

Bitcoin Origins are a compilation of NFT digital collectibles based around key moments in the history of Bitcoin. Moments are available in three varieties, 1MB, 2MB, and 4MB blocks priced at $20, $200, and $500 respectively. Different Moment packs offer the user several chances to secure a valuable digital collectible card.

Furthermore, the $20 entry price has certainly caught the imagination of the community with all Moment 4 1MB blocks selling out in under 24 hours. To view the details of each MB pack and what is contained within please visit the official website

Source: Bitcoin Origins

The cause of the recent surge ties in with the release of the 4th moment on the 6th March 2021 immortalizing an important day for Bitcoin. Moment 4 – highlights the first-ever real-world Bitcoin transaction where 10,000 BTC were given in exchange for two PapaJohns pizzas. At today’s BTC price those two pizzas would be worth almost half a billion dollars. 

Source: Twitter

As record sales of digital collectibles occur on Ethereum and Flow in projects such as CryptoPunks, NBA Top Shot, and Sorare. WAX is quietly steaming ahead with more brand-affiliated tie-ins and unique projects such as Bitcoin Originals. Headline figures in regards to sales value surely belong to the aforementioned projects with NBA Top Shot having generated over $48 million in transaction volume in the past 7-days alone where some single NFTs are selling for over $200,000

The year of NFTs 

NFTs are hyping right now. Everywhere you look from Rolling Stone Magazine to your Instagram feed seems to be getting on board the bandwagon. As with all growth, questions are arising to do with the valuations of NFTs, what gives them value and how will buyers be sure they can redeem that value in the future. 

If 2020 was the big DeFi beta test, then 2021 is the breakthrough year of NFTs. 2021 is about to provide an even more fascinating beta for the crypto and blockchain community to debate.  

What is an NFT?

An NFT is a token on the blockchain that proves ownership and confirms the rarity or scarcity of a digital asset. NFT is an abbreviation of Non-Fungible Token, meaning that each of these digital assets is unique in its way. Each of these NFTs has its registration number, similar to the address of a house or a car registration number. Want to learn more about NFTs? Read this.

Useful links

Share this post on social media

Share this Article

Related articles

Related articles

Top NFT Marketplaces generate almost $500 million volume in the last 30-days

The top 7 marketplaces account for 99% of the total volume
© 2018-2021 DappRadar, UAB