NodeMonkes

What is NodeMonkes?

NodeMonkes is a standout collection within the world of Bitcoin-based NFTs, leveraging the unique capabilities of the Ordinals protocol. This pioneering set comprises 10,000 digital collectibles, each a 28x28 pixel art piece inscribed directly onto individual satoshis on the Bitcoin blockchain. This method of using the smallest unit of Bitcoin to permanently store data marks a significant innovation in the digital art space.

The collection was launched in December 2023, following a strategic delay to allow the Ordinals ecosystem to mature. This timing choice reflects a savvy understanding by the NodeMonks project of the evolving landscape of blockchain technology and collector culture, particularly the value placed on the 'block stamp' of each Ordinal, denoting its creation time on the blockchain.

The NodeMonkes creator has remained anonymous, which is not uncommon in the crypto and NFT worlds, adding an element of mystique to the collection. Despite this anonymity, the collection has managed to create a substantial impact, not just in terms of sales but also in contributing to a broader acceptance and excitement around Bitcoin Ordinals as a legitimate space for artistic and collectible expression.

One of the unique selling points of the NodeMonke bitcoin collection is its ability to blend crypto culture with innovative digital art. For instance, the collection features traits that nod to popular elements in the crypto world, such as aliens and apes, which are particularly sought after. This blend of familiar motifs with new creative twists has helped the collection resonate well within the NFT community.

NodeMonkes NFT Price

As with all NFT collections, the Node Monkes floor price serves as a crucial reference point for the collection's value. And our platform, NFT Price Floor, offers the most precise and detailed historical price charts for NFT collections, making it an invaluable resource for tracking these metrics.

But the price of individual NodeMonkes can vary significantly depending on their rarity and unique attributes. Particularly, traits such as the Zombie or Alien NodeMonkes command higher prices due to their scarcity and desirability among collectors. For instance, the rarity of these specific traits can drive prices substantially above the floor price, reflecting their high demand and limited availability. The Alien NodeMonkes, for example, were involved in some of the highest transactions within the collection, with sales reaching up to 17 BTC—equivalent to over $1 million at the time of the sale.

For enthusiasts and potential investors, understanding the dynamics of NodeMonkes rarity and floor prices is essential. Tracking these elements on platforms like NFT Price Floor not only provides a snapshot of current valuations but also helps in anticipating future trends based on historical data.

Nodemonkes Mint Price

When NodeMonkes was first introduced to the market in December 2023, it debuted through a descending or Dutch auction format, starting at a mint price of 0.21 BTC. The price then dropped by 0.005 BTC every six blocks (approximately every hour), until all 8,000 available pieces were bid on. The auction concluded with a final clearing price, which everyone who bid paid, marking the mint price for the initial buyers .

The mint price of an NFT collection, like NodeMonkes, is the initial price set at the time of its release, typically through a sale or auction. So it's important to differentiate this from the Node Monkes floor price, which is the lowest price at which any NodeMonke is currently available on the market.

Nodemonkes Market Cap

The market cap of the NodeMonke collection has seen significant fluctuations, indicative of the volatile nature of the NFT market. It provides a snapshot of the collection's overall market strength and investor interest. As of the latest updates, the market cap of NodeMonkes is impressively high, reflecting the high floor price due to the collection's popularity and the rarity of certain "nodemonke" traits, like the Alien and Zombie versions which fetch higher prices on the market.

Tracking the market cap of Node Monkey with NFT Price Floor, offers investors and enthusiasts insight into the potential growth and value retention of their assets within the collection. It also helps in comparing its performance against other NFT collections on the Bitcoin Ordinals platform, providing a broader perspective on its standing within the NFT ecosystem.