The buzz around Ordinals, or Bitcoin NFTs, has been increasing in recent times. NFTs are digital assets inscribed on a blockchain, and Ordinals are a protocol that allows users to inscribe on the Bitcoin network. One of the most popular collections is that of the Ordinal Punks, which is made of 100 punks with the style of the traditional CryptoPunks collection and is inscribed within the very low inscription numbers on the Ordinals protocol. These punks have been receiving a lot of attention due to their high prices, with most sales in the region of around $100K.
Recently, someone decided to trade their original CryptoPunk for an Ordinal Punk in what seems to be the very first swap of this kind. The CryptoPunk in question is a unique digital asset that can be seen in the image below.
The swap was confirmed on Twitter by Ordinal Punk Sales on February 19, 2023. As the hype around Ordinals continues, the native cryptocurrency of the popular Bitcoin layer-two scaling solution, STX, saw a surge of 50% in the past 24 hours.
NFTs have been gaining traction in the past few years and have been seen as a great way to tokenize digital assets. As more and more people become interested in these digital assets, the value of NFTs has been increasing. This is why the Ordinals protocol is so popular, as it allows users to inscribe digital assets on the Bitcoin network.
The Ordinal Punks collection is one of the most popular collections, and the prices of these punks have been skyrocketing. This is why it is so remarkable that someone decided to trade their original CryptoPunk for an Ordinal Punk. This is the very first swap of this kind, and it shows that the value of NFTs is increasing.
The swap was confirmed on Twitter, and it has been gaining a lot of attention. This is also why the native cryptocurrency of the popular Bitcoin layer-two scaling solution, STX, saw a surge of 50% in the past 24 hours.
Overall, the buzz around Ordinals, or Bitcoin NFTs, continues to increase and it is clear that these digital assets are gaining more and more traction. The swap of a CryptoPunk for an Ordinal Punk is a remarkable event, and it shows that the value of NFTs is increasing. It is also worth noting that the native cryptocurrency of the popular Bitcoin layer-two scaling solution, STX, saw a surge of 50% in the past 24 hours, further showing the increasing interest in NFTs.
