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BlockNews
Home BREAKING NEWS

Mad Lads NFT Skyrockets 84%, Surpassing Top Ethereum Projects

by BlockNews.com Team
November 28, 2023
in BREAKING NEWS, BUSINESS, CRYPTO
Reading Time: 3 mins read
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  • Mad Lads is the hottest Solana NFT project currently, with its floor price tripling to over $7,100 and generating $139 million in sales volume in the last 24 hours.
  • Demand for Mad Lads is fueled by Solana’s native token price jump, the team’s upcoming crypto exchange launch, and bundled perks for holders.
  • The wider Solana NFT market is ballooning as well, with sales volume more than doubling from October to November to $62 million.

The Solana NFT project Mad Lads has seen its entry price skyrocket recently, leading to huge sales volume as the hype builds.

🚨 NEWS: @MadLadsNFT makes new all-time high amid 85% surge in 24-hour trading volume. pic.twitter.com/PiojIo0xsT

— BlockNews.com (@blocknewsdotcom) November 28, 2023

Mad Lads Floor Price Hits New High

The floor price for a Mad Lads NFT now sits at 123 SOL, which equates to over $7,100. This is more than triple the price from just a few weeks ago in early November.

Mad Lads Top Daily NFT Sales Charts

Over the last 24 hours, Mad Lads generated $139 million in sales volume on secondary markets according to CryptoSlam data. This easily beat out other top projects like Bored Ape Yacht Club.

Factors Driving Demand for Mad Lads

A few key factors seem to be fueling demand for Mad Lads NFTs. Solana’s native token has jumped in value recently, more than doubling the average NFT sale price in USD value. Additionally, the team behind Mad Lads is launching a new crypto exchange soon which is generating hype. There are also bundled perks for Mad Lads holders like early exchange access.

Solana NFTs See Explosive Growth

Riding the hype around projects like Mad Lads, the wider Solana NFT market has ballooned as well. Solana NFT sales volume has more than doubled from October to November so far, reaching $62 million. The ecosystem’s buzz is driving newfound interest.

Conclusion

With its floor price tripling, sales volume dominating, and perks mounting, Mad Lads is the hottest Solana NFT project out there right now. The team’s upcoming exchange launch has added even more hype during this period of explosive growth for Solana NFTs.

Tags: BitcoinBlockchainBusinesscryptoWeb3
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