A Bitcoin-based NFT collection called Space Pepes has become the top-traded NFT collection in the world, according to data from CryptoSlam. The collection, which features pixelated images of Pepe the Frog riding spaceships, has generated over $7.3 million in trading volume in the past week.
The success of Space Pepes is a sign of growing interest in Bitcoin-based NFTs. In recent months, there has been a surge in the number of NFT projects that are built on top of the Bitcoin blockchain. These projects offer a number of advantages over NFTs that are built on other blockchains, such as Ethereum. For example, Bitcoin-based NFTs are more secure and less expensive to trade.
The success of Space Pepes is also a sign of the growing popularity of Pepe the Frog as an NFT. Pepe the Frog is a popular internet meme that has been used in a variety of contexts, including politics and social commentary. The use of Pepe the Frog in NFTs has been controversial, with some people arguing that it is a form of cultural appropriation. However, the success of Space Pepes suggests that there is a large market for NFTs that feature Pepe the Frog.
The rise of Bitcoin-based NFTs and Pepe the Frog NFTs is a sign of the growing maturity of the NFT market. As the NFT market continues to grow, it is likely that we will see more and more innovative and creative NFT projects emerge.