{"id":158829,"date":"2023-12-18T10:57:07","date_gmt":"2023-12-18T10:57:07","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=158829"},"modified":"2023-12-18T10:57:11","modified_gmt":"2023-12-18T10:57:11","slug":"the-bitcoin-ordinals-craze-doesnt-stop-okx-records-50m-trading-volume-in-24-hours","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/the-bitcoin-ordinals-craze-doesnt-stop-okx-records-50m-trading-volume-in-24-hours\/","title":{"rendered":"The Bitcoin Ordinals Craze Doesn’t Stop: OKX Records $50M Trading Volume in 24 Hours"},"content":{"rendered":"
As far as the NFT market is concerned, the OKX exchange<\/a> stands out as the undisputed leader in daily trading volume<\/strong>, surpassing prominent competitors like Blur and OpenSea. In the last 24 hours, the NFT trading volume on OKX reached an astonishing $50.33 million<\/strong>, marking a more than substantial difference compared to Blur’s $13.21 million and OpenSea’s $3.25 million, according to DappRadar<\/a> data.<\/p>\n The driving force behind this unprecedented growth is largely attributed to the increasing demand for NFTs based on Bitcoin Ordinals<\/a><\/strong>. OKX stood out by allowing the trading of these specific NFTs, while Blur and OpenSea have yet to decide to follow this trend, resulting in a significant decrease in their trading volume.<\/p>\n OKX’s ascent is closely linked to the overall increase in NFT trading volume on the Bitcoin network<\/strong>. According to CryptoSlam data, the week of December 10 to 17 saw an impressive volume of $305.44 million on the BTC network, compared to $121.28 million the previous week. This growth is a testament to the platform’s leadership and further solidifies its position as the leading NFT exchange platform.<\/p>\n <\/p>\nOKX Has a Strong Strategy Around Bitcoin<\/h2>\n