Key Points
- Bitcoin Wizards and its native token WZRD are making waves in the crypto and NFT sectors after recording major gains.
- WZRD’s trading activity has significantly increased, with a 198% surge in daily trading volume.
Bitcoin Wizards, a new project related to Bitcoin (BTC), and its native token WZRD, are making significant strides in both the cryptocurrency and non-fungible token (NFT) industries. This is evident from the substantial gains they have recorded recently.
Over the past day, WZRD has seen an 88% increase and is currently valued at $9. It briefly reached an intraday high of $113.8 at around 09:30 UTC on April 16 due to a significant increase in its trading activity.
WZRD’s Performance
Five days after its launch on April 15, WZRD reached an all-time high of $197.75. Its daily trading volume has increased by 198%, currently standing at $10.1 million.
According to information provided by CryptoSlam, the sales volume of Bitcoin Wizards NFTs has increased by 325% over the past 24 hours, reaching $5.48 million. The number of buyers and sellers has also increased, reaching 547 and 455, respectively.
Global NFT Sales Volume
The global NFT sales volume has increased by 15% in the past 24 hours and is currently around $40 million, according to CryptoSlam. Bitcoin is leading the charts with $20.6 million in NFT sales, followed by Ethereum’s $7.6 million volume.
Despite Bitcoin’s dominance in NFT sales, only $17,871 of its volume is accounted for by wash trades, while Ethereum’s wash volume is at $6.5 million.
Bitcoin-based NFTs have gained impressive momentum over the past year. However, Binance announced that, starting on April 18, the exchange’s NFT marketplace will not support digital collectibles on the leading blockchain network.
