In simple terms, the Mad Lads NFT series, which operates on the Solana blockchain, has moved up to the 6th spot in terms of value among all non-fungible token collections, as measured by their floor market capitalization.
The spike occurred as SOL (SOL) attained its maximum price ever at $287, marking a 19% increase in just 24 hours, primarily due to excitement surrounding TRUMP, the memecoin, which was recently unveiled by President-elect Donald Trump on the Solana network.
As a crypto investor, I’ve noticed that the market cap of Mad Lads stands at a substantial $188.1 million. The floor price for this collection is currently set at an impressive $18,905. Over the past day, there has been a trading volume of approximately $473,788, with 24 transactions recorded. Interestingly, the floor price has seen a rise by 5.15%.
On the 19th of April, 2023, Mad Lads was born, a product of the minds of Armani Ferrante and Tristan Yver from Backpack Exchange. It showcases a collection of 9,965 NFTs that seamlessly combine anime aesthetics with motifs reminiscent of Peaky Blinders.
Solana fuels up NFT rally
Over the past day, the value of Solana’s NFT market has increased by 15%, bringing its overall market capitalization to a staggering $714 million. As for trading activity, it was recorded at approximately $3.39 million within this period, as reported by CoinGecko.
As an analyst, I’ve noticed a surge in popularity for NFT collections built on the Solana blockchain. For instance, the floor price for Claynosaurz has climbed to $4,882, representing a 13.8% rise, and the market cap now stands at approximately $48.8 million. Similarly, Solana Monkey Business has seen a 7.1% increase, with its floor price sitting at $7,956 and a market cap of around $39.7 million.
Tokens built on the Solana platform have seen a spike as well, with the decentralized exchange tokens Jupiter (JUP) and Raydium (RAY) increasing by 33% and 10% over the past 24 hours respectively.
Trump’s trading cards surge
As a crypto enthusiast, I’ve found myself rekindling my curiosity about Donald Trump’s Digital Trading Cards on the Polygon blockchain, following the launch of the TRUMP memecoin, masterminded by CIC Digital LLC – an arm of the Trump Organization with past NFT endeavors.
Trump’s first set of digital trading cards is currently valued at around $936.91 per card, marking an increase of 12% over the past day. A total of 1,275 sales have been recorded so far. The market capitalization for these cards stands at approximately $93.5 million, and in the last 24 hours, trading volume reached $2.44 million.
The second batch has seen an increase as well, now priced at around $213, which is a 10% rise over the past day. This surge resulted in 2,133 transactions. Currently, it holds a market value of approximately $22.6 million and a trading volume of $940,000 within the last 24 hours.
Read More
- Best Race Tier List In Elder Scrolls Oblivion
- Elder Scrolls Oblivion: Best Pilgrim Build
- Becky G Shares Game-Changing Tips for Tyla’s Coachella Debut!
- Meet Tayme Thapthimthong: The Rising Star of The White Lotus!
- Gold Rate Forecast
- Elder Scrolls Oblivion: Best Thief Build
- Yvette Nicole Brown Confirms She’s Returning For the Community Movie
- Silver Rate Forecast
- Elder Scrolls Oblivion: Best Sorcerer Build
- Rachel Zegler Claps Back at Critics While Ignoring Snow White Controversies!
2025-01-19 15:09