American Comedian Puts This Altcoin On Her Profile: Price Hits Record! - News-Credit-Mortgage-Coin


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Thursday, September 9, 2021

American Comedian Puts This Altcoin On Her Profile: Price Hits Record!

 Comedian Steve Harvey has changed his profile picture to Solana Monkey Business NFT. Solana's entry into the NFT space has gained some serious momentum in recent weeks amid the rising value of the SOL cryptocurrency. Popular altcoin Solana was trading at $37 a month ago, hitting an all-time high of $213.47 in the morning. In fact, it took the position of XRP, which is in the sixth place with its market value, and sat in the sixth place.

Popular altcoin with support from Steve Harvey shows high performance

Solana has become one of the “hot” cryptocurrencies of recent times. Rising network activity was cited as the catalyst for this rise. Now even comedian and TV host Steve Harvey seems to have joined in on the NFT excitement of "Summer with the Left". Recently, Harvey replaced his Twitter profile photo with an NFT from the Solana Monkey Business collection; A series of 5,000 randomly generated images of cartoonish, pixelated monkeys.

NFT serves as a proof of ownership for almost any digital item, and collections of profile pictures such as CryptoPunks and Bored Ape Yacht Club have been in high demand lately. Both CryptoPunks and Bored Apes are based on Ethereum, which is by far the most active platform for NFT collections.

In August, leading marketplace OpenSea registered more than $3.4 billion in NFT trading volume on Ethereum, and the vast majority of the most traded NFT projects live on this Blockchain network.

Transaction volume of NFT collections in Solana reached $94 million
However, Solana also opposes ETH as the Ethereum killer. The network is a better alternative to Ethereum in terms of energy efficiency and can handle large volumes of transactions with much lower transaction fees. Solana Monkey Business is one of the newest NFT collections to launch in Solana, following recent collections like Degenerate Ape Academy and Aurory. Both of these collections have increased the activity on the platform, raising the price of SOL.

According to data from Solanalysis, NFT collections in Solana generated approximately $94 million in trading volume last week. Solana Monkey Business has a seven-day volume of $6.2 million as of this writing and ranks third on the list behind the aforementioned projects. Rapper and YouTube personality KSI has replaced the avatar on his Twitter account with Solana Monkey Business NFT's today.

Steve Harbey previously partnered with NFT marketplace Rarible to sell their own NFTs to benefit a charity. At that time, Harvey revealed that he owns both Bitcoin and Ethereum.

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