Mad Lads Solana NFTs jump to 6th place amid TRUMP memecoin buzz
Mad Lads, an invincible token (NFT) stock on the Solana blockchain, has risen to sixth place among the most valuable NFTs by floor market cap.
The increase comes as Solana (SOL) surged 19% in the past 24 hours to reach $287, driven by the buzz surrounding the TRUMP memecoin, the Solana network launched on January 17 by US President-elect Donald Trump.
According to the NFT price floor, Mad Lads currently has a market cap of $188.1 million and a floor price of $18,905. In the last 24 hours, the collection recorded a transaction volume of $473,788 from 24 sales, the floor price increased by 5.15%.
Launched on April 19, 2023, Mad Lads is the brainchild of Armani Ferrante and Tristan Yver's Backpack Exchange. 9,965 NFTs combines anime-style art with Peaky Blinders-inspired themes.
Solana encouraged the NFT rally.
The Solana NFT market has grown by 15% in the last 24 hours, with a total market value of $714 million. According to CoinGecko, the transaction volume during the same period stands at $3.39 million.
Meanwhile, other Solana-based NFT clusters have also received significant attention. The floor price of Claynosaurz rose to $4,882, up 13.8%, for a market value of $48.8 million. Solana Monkeys traded at a floor price of $7,956, up 7.1%, with a market cap of $39.7 million.
Solana-based tokens are also up, while decentralized exchange (DEX) tokens Jupiter (JUP) and Radium (RAY) are up 33% and 10% in the past 24 hours.
Related: Crypto execs plan to attend Trump's inauguration – at a high price
Trump's business cards have increased.
The launch of the TRUMP memecoin, coordinated by CIC Digital LLC – a partnership of the Trump Organization previously involved in NFT ventures – has fueled interest in Trump's Digital Trading Cards on the Polygon blockchain.
Stock of the original Trump digital trading cards was at $936.91, up 12 percent on the previous day, with 1,275 sales recorded. It has a market cap of $93.5 million and a 24-hour trading volume of $2.44 million.
The secondary stock also rose, with a floor price of $213, up 10% on the previous day, recording 2,133 sales. It has a market cap of $22.6 million and a 24-hour trading volume of $940,000.
Magazine: Stablecoin launches for cyber-crooks, Sony L2 Drama: Asia Express