Yuga Labs Bitcoin NFT TwelveFold Auction Brings in High Bids

03/06/2023 08:16 • Tech Trends • 83 views

According to the news on March 6, the highest bid for Yuga Labs Bitcoin NFT series TwelveFold is currently 2BTC, with the address starting with bc1pdkgf6y. It is reported that a total of 288 inscriptions will be auctioned at this auction, and 288 highest winning bidders will be awarded at the end of the auction. At present, among the first 288 bids, there are 102 addresses above 0.1BTC, and the lowest bid is 0.0219. The auction will end before 7:00 on March 7, 2023 Beijing time.

TwelveFold NFT’s highest bid has reached 2BTC, and 102 addresses have bid more than 0.1BTC

Analysis based on this information:

Yuga Labs’ Bitcoin NFT TwelveFold series has been drawing in high bids since the auction began. As of March 6, the highest bid was recorded at 2BTC, with the address starting with bc1pdkgf6y. The TwelveFold series includes a total of 288 inscriptions, each of which will be auctioned with the highest bidders receiving awards at the end of the auction.

There were 102 addresses above 0.1BTC among the first 288 bids. The lowest bid was recorded at 0.0219, which is still a significant amount considering the value of Bitcoin. The auction is scheduled to close before 7:00 on March 7, 2023, based on Beijing time.

Yuga Labs is a blockchain technology company that creates NFTs (non-fungible tokens) using Bitcoin. Their TwelveFold series is one of their latest creations, which draws inspiration from the 12 zodiac signs.

NFTs have been gaining immense popularity in the digital art world, with some of the most valuable ones selling for millions of dollars. Yuga Labs is riding on this wave and pushing boundaries in this space. The company has been receiving a lot of attention from investors and crypto enthusiasts. They believe that Yuga Labs is tapping into a market that has the potential to change the way we view art and ownership.

The high bids for the TwelveFold series are a testament to the growing interest in NFTs. With crypto currencies becoming more mainstream, it’s not hard to imagine that NFTs will soon be a part of our everyday lives. The advantages of using blockchain technology to verify ownership and authenticity make NFTs a more secure way of trading assets.

In conclusion, the Yuga Labs’ Bitcoin NFT TwelveFold series auction is an exciting development in the world of NFTs. The high bids it’s attracting are proof that NFTs are not just a novelty but a new way of owning and trading valuable assets. Companies like Yuga Labs are trailblazers in this space, and it’s exciting to see what the future holds for NFTs.

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