Why Bored Ape is so expensive – 5 Facts

Anyone who is acquainted with NFTs (non-fungible tokens) knows about Bored Apes. It has been a craze since its launch by Yuga labs in 2021. Being owned by big names like Eminem, Justin Beiber, Snoop Dogg, Paris Hilton, and Serena Williams makes it one of the most expensive of all tokens in the market. And the list just doesn’t end here. Here is the list of five facts about the Bored Ape Yacht Club that makes it so expensive and famous: Bored Ape Fact 1: Bored Ape Yacht Club or more famously known as Bored Apes created by Yuga labs is a non-fungible token created on the Ethereum blockchain. It is a set of 10,000 collectible NFTs with apes as their theme. Each ape is unique from the others with different characteristics. Most famous amongst them are: Laser eyes Blue beam bored ape Solid gold fur on 46 ape Bored unshaven ape having pizza Bored Ape Fact 2: There are only 10,000 NFT on the Ethereum blockchain. The floor price at the time of writing is 113 ethers or $349,078.46 as per Coingecko. According to CNet, Jimmy Falon paid over $200,000 for an ape with a captain’s hat. Not only that, Jimmy Falon flaunted his ape on his Twitter account as well. Apart from Jimmy Falon, other big celebrities to own and flaunt their apes are Justin Beiber, Eminem, Snoop Dogg, Neymr Jr., Steve Aoki, Post Malone, Mark Cuban, Lil baby, Logan Paul, Kevin Hart and the list just keeps getting bigger and bigger. Being a part of Bored Ape Yacht Club, th...