What Are Bitcoin Puppets? & Where Can You Buy Them? (2024)

Bitcoin Puppets is a Bitcoin Ordinals collection featuring 10,001 hand-drawn M.S. Paint monkeys performing quirky activities.

What Is Bitcoin Puppets? 

Bitcoin Puppets, an unrivalled collection of 10,001 unique P.F.P.s (profile pictures) drawn in M.S. Paint by a 12-year-old, has quickly taken web3 by storm. Its floor price at the time of publication is 0.408 BTC ($26,775).

Bitcoin Puppets is an NFT collection with an NFT price floor set at $21,260 and a 24-hour sales volume of 8.24 BTC per 24-hour period. Currently, have been 10,001 NFTs issued and held by 6,554 unique owners for an aggregate market cap of $212,616,999, as per CoinGeko.

You can check its real-time price and volume on CoinGecko.

The Puppets collection, launched in January 2024 as an expansion of O.P.I.U.M., promotes counterculture.

This project is meant to mock more well-known ones like NodeMonkes and Bitcoin Frogs and has no roadmap, copyright agreements, or guarantees attached.

According to their website, Bitcoin Puppets have no tangible utility and should not be taken as anything other than art pieces.

Engaging with Puppets requires abandoning conventional thinking and giving in to its charm of unconventionality. Enjoy its whimsical elements, embrace its absurdities, and let your imagination run wild – this handcrafted wonder world provides no guarantees or prescribed paths – it celebrates unconventionality as an art form. It is a testament to its limitless potential!

Why Are People Collecting Bitcoin Puppet Ordinals?

Bitcoin Puppets is a fun art project that does not take itself too seriously. It draws in users looking for an engaging introduction to Ordinals without its more speculative severe investment aspects.

This project has attracted much interest, drawing attention to some of the more absurd elements of life in the Ordinals community and how money can be made on unserious projects. Drawing from inside jokes and memes prevalent within the Ordinals community, the collection’s artwork pokes fun at common themes while amusingly poking fun – for instance, “We like art, world peace, and going down to $0,” stated a puppet member community.

Bitcoin Puppets have quickly become popular as community members invest in the project to keep its humorous spirit alive. They are often inscribed as Ordinals on Bitcoin itself.

Bitcoin Ordinals offer advantages over traditional NFTs as they are recorded directly on the blockchain, making them decentralized and secure. As such, they have generated considerable excitement within the Bitcoin and NFT communities for use cases that include selling digital artefacts such as Puppets.

Ordinals has amassed an enthusiastic following among collectors who relish being part of such an essential initiative in Bitcoin culture history.

Where Can You Buy Bitcoin Puppets?

Bitcoin Puppets can be purchased on major NFT marketplaces supporting Ordinals such as Magic Eden, Gamma and OKX.

Frequently Asked Questions (FAQs)

Ark Invest’s ETF Holds Unique ‘Bitcoin Puppet’ NFT Worth Over $27,000

Ord.io’s X account unveiled that Ark Invest’s ARKB ETF includes a “Bitcoin Puppet” NFT as part of its portfolio assets – this collection comprises 10,001 digital puppets, each fetching $0.39 BTC or $27,913.

This figure represents the minimum price at which ARKB offers for sale a “Bitcoin Puppet,” precisely one with a pipe in its mouth, wearing a purple hat, and holding up paper that reads “Runnin Bitcoin.” Their puppet number is 53,159,523 out of 67.99 million puppets available.

ArkB’s Bitcoin fund includes various Ordinal Inscriptions as part of its Satoshis collection. Arkham Intelligence has identified these addresses among ARKB’s range of Bitcoin addresses.

Blackrock also owns an Ordinal linked to their bitcoin through their “Speculum Aeternum” series; each item in this collection currently costs 0.053 BTC or $3,808. Bitwise’s portfolios also boast many text-based Ordinals, further diversifying their portfolio.