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TwelveFold Bitcoin NFT Series Auctioned for Over 7 BTC

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It is reported that the highest bid for Yuga Labs Bitcoin NFT series TwelveFold has exceeded 7 BTC, reaching 7.1159 BTC. The bid for the address starting with …

TwelveFold Bitcoin NFT Series Auctioned for Over 7 BTC

It is reported that the highest bid for Yuga Labs Bitcoin NFT series TwelveFold has exceeded 7 BTC, reaching 7.1159 BTC. The bid for the address starting with bc1p7x04th is about US $160000 based on the current price. 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. Up to now, the first 288 bids are higher than 2 BTC, the lowest bid is 2.2501 BTC, and the total number of bids exceeding 3 BTC is 25. It is reported that the auction will end before 7:00 on March 7, 2023, Beijing time.

TwelveFold NFT’s highest bid exceeds 7 BTC

Interpretation of the news:


Yuga Labs, a popular NFT marketplace, has recently auctioned its latest collection, TwelveFold, and the highest bid has already exceeded 7 BTC. This bid, placed for the address starting with bc1p7x04th, translates to about US $160000 currently. The auction will feature a total of 288 inscriptions, each of which will be awarded to the highest bidder. As of now, the first 288 bids are higher than 2 BTC, with the lowest bid being 2.2501 BTC. The auction is set to end before 7:00 on March 7, 2023, Beijing time.

Yuga Labs is capitalizing on the flourishing NFT trend by offering its latest collection, TwelveFold, for auction. NFTs, or non-fungible tokens, are digital assets that are unique and can be sold or traded on blockchain platforms. They have become increasingly popular in recent years, with artists and musicians creating exclusive collections that are highly sought after by collectors and enthusiasts.

The high bidding for TwelveFold indicates the growing interest in NFTs among investors and collectors. It also suggests that Yuga Labs has successfully created a buzz around its latest collection, leading to a competitive auction. The fact that 288 inscriptions will be auctioned adds to the exclusivity of the collection, making it even more valuable in the eyes of bidders.

The auction is also an indication of the increasing adoption of cryptocurrency as a means of payment for high-value assets. The bids for TwelveFold are being transacted in Bitcoin, showing that the cryptocurrency is being viewed as a legitimate and valuable investment. This trend is likely to continue as more investors look to diversify their portfolios to include digital assets like cryptocurrencies and NFTs.

In conclusion, the TwelveFold auction by Yuga Labs is an exciting development in the NFT marketplace. With bids exceeding 7 BTC and a total of 288 inscriptions to be auctioned, TwelveFold is an exclusive collection that is drawing interest from collectors and investors alike. The auction is also a testament to the growing adoption of digital assets, with cryptocurrency being used as a means of payment for high-value investments.

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