Bored Ape Yacht Club Plunges By 60% Last Month

Bored Ape Yacht Club Plunges By 60% Last Month

While Bored Ape Yacht Club appears to be unfazed for several months now in the face of the crypto crash, the month of May tells a different storyline. Bored Ape Yacht Club, a blue-chip NFT, appeared to have dipped in value, as evidenced in May when NFTs dropped in average sales price. May has been a challenging month for NFTs and crypto alike. BAYC has managed to end it with a sour trading price of $152,658. Suggested Reading | Cardano TVL Sheds $205 Million Since Hitting All-Time High BAYC Average Sales, Value Down 60% Although BAYC sales are comparably higher than other NFTs like....


Related News

Eminem Purchases Bored Ape Yacht Club #9055 for $452K, Shady’s Portfolio Hold...

Marshall Mathers, known professionally as Eminem has joined the community of bored apes by purchasing a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collectible for 123.45 ethereum or $452K at the time of settlement. Slim Shady Purchases Bored Ape Yacht Club #9055 for $452K The Bored Ape Yacht Club (BAYC) NFTs have been very popular this year and the project saw more than $1 billion in volume worldwide, according to defillama.com metrics. Now Eminem has joined the BAYC bandwagon by purchasing BAYC #9055 for 123.45 ether on Thursday. The Detroit hip hop star shared the....

Bored Ape Yacht Club Founders Speak Out Against Nazi Affiliation Rumors

The company behind the popular non-fungible token (NFT) collection Bored Ape Yacht Club, Yuga Labs, addressed the rumors around the alleged connection with racist and Nazi affiliation. The company denied the rumors and called them “crazy disinformation” and “bullshit”. Related Reading | Ethereum Hashrate Plunges Over 10% As Mining Profitability Drops The company claims it has […]

Bored Ape Yacht Club Partners With Animoca Brands to Launch BAYC Play-to-Earn...

On Monday, the blockchain game developer and investor Animoca Brands announced a partnership with the Bored Ape Yacht Club (BAYC) in order to develop a BAYC play-to-earn game leveraging the collection’s popular NFTs. Bored Ape Yacht Club has seen 23,016 sales to date and has a market valuation of around $2.05 billion. BAYC and Animoca Brands Team up to Launch a Game The Yuga Labs-issued Bored Ape Yacht Club (BAYC) and Animoca Brands have revealed a joint partnership in order to develop and publish a blockchain game. The game will integrate the collection of BAYC NFTs,....

$2.2M Worth of Bored Ape Yacht Club NFTs Stolen — Victim Says Incident Was ‘A...

According to reports, roughly $2.2 million worth of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) non-fungible tokens (NFTs) were stolen from a collector. The owner of the NFTs Todd Kramer said the incident was “arguably the worst night” of his life. Furthermore, there’s claims that the NFT marketplace Opensea froze the collectibles, and crypto advocates are complaining about the lack of decentralization. 15 BAYC and MAYC NFTs Stolen — Victim Begs Opensea for Help, Reports Claim NFTs Were ‘Frozen’ On December 30, 2021, a....

101 Bored Apes NFT auction at Sotheby's closes at more than $24M

Yuga Labs auctioned off collections of Bored Ape Yacht Club and Bored Ape Kennel Club NFT that generated $24 million and $1.83 million respectively. The auction of Yuga Labs’ 101 Bored Ape Yacht Club (BAYC) collection has smashed through expectations with a winning bid of $24.39 million. The auction closed on Sept.10 and was hosted by the prestigious auction house Sotheby’s which had earlier estimated the collection would fetch between $12 million and $18 million.The bundle of non-fungibles consists of 101 Bored Apes and three M1 and three M2 “Mutant serum” NFTs. When a Bored Ape token is....