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Bitcoin Ecosystem NFTs Surge Over 20% with Taproot Wizards Leading 30% Daily Gain

On July 21, data from Magic Eden revealed a notable resurgence in Bitcoin ecosystem Non-Fungible Tokens (NFTs), with several leading NFT collections experiencing gains exceeding 20%. Specifically, Taproot Wizards surged over 30%, reaching a floor price of 0.22 BTC and recording a 24-hour trading volume of 8.663 BTC. Similarly, Node Monkeys increased by 28.2%, with a floor price of 0.045 BTC and a trading volume of 1.973 BTC within the same period. Other prominent collections such as Bitcoin Puppets and OMB also posted significant daily gains of 23.1% and 22.6%, respectively. Despite these upward movements, COINOTAG cautions investors due to the relatively low liquidity and pronounced volatility characterizing the Bitcoin NFT market, underscoring the importance of prudent investment strategies in this emerging digital asset segment.

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