Non-fungible tokens are gradually regaining strength after suffering a brutal downturn in the past several weeks. Bitcoin ordinals spearhead the market resurgence, gaining mainstream adoption among investors and collectors. Wall St Bulls ordinals collection is one of the most traded ordinals, now rising to the ten top-selling ordinals list on Magic Eden.
— Wall St Bulls (@wallstbullsNFT) July 17, 2023
Bitcoin Ordinals Are On The Rise
Launched in late May, Wall St Bulls is an ordinal collection from the legendary crypto community Wall Street Memes. The ordinal collection features a limited supply of 420 NFTs hosted on the Bitcoin network. Wall St Bulls Ordinals were created from 690,000 inscriptions.
Despite being somewhat new, Wall St Bulls have already been listed on various marketplaces, including the Magic Eden. Launched in 2021, Magic Eden is a digital marketplace for crypto and NFTs. Magic Eden supports multiple blockchain networks, including Solana (SOL), Polygon (MATIC), Ethereum (ETH), and Bitcoin (BTC).
It’s worth noting Bitcoin ordinals have showcased strong market resilience amid the recent non-fungible token downturn. Bitcoin Ordinals came into the spotlight sometime in January after the renowned Bitcoin developer Casey Rodarmor inscribed NFTs using Satoshi Ordinal theory.
Bitcoin NFTs have since risen in popularity among investors and collectors. These NFTs have reached several remarkable milestones, including surpassing the 17 million inscription mark and outperforming the Solana NFTs to become the second most traded NFTs after Ethereum NFTs. Bitcoin Ordinals have inspired the evolution of Ethscriptions.
Wall St Bulls Rise To The Top 10 On Magic Eden
Wall St Bulls is one of the ordinal collections showcasing the huge potential of generating massive returns in the long term. The NFT project has strong community backing, with the team having more than 2 million followers on Instagram. It also has support from notable investors such as Billionaire Elon Musk. The Ordinals collection has gained traction among investors, rising to the top ten on Magic Eden.
In 2021, Wall Street Bulls launched an NFT collection on Ethereum, which emerged as one of the most successful NFT projects in crypto’s short history. The Wall St Bulls NFTs collection, which featured a limited edition of 10,000 NFTs, sold for a record time of 32 minutes. The same team also has a presale that is selling super fast. The presale has already raised over $15 million in less than two months.
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