Bored Ape Yacht Club NFT Hits New ATH Floor Price

The floor price of Bored Ape Yacht Club (BAYC) NFTs hit a new all-time high of 152 ETH on OpenSea NFT marketplace which equates to nearly $429,000, using today’s ether exchange rates. Cheapest BAYC is Now Worth $429,000 At the time of writing, the cheapest-available Bored Ape NFT is listed for 152 ETH on OpenSea marketplace which equates to nearly $429,000. That’s a new all-time high in both ETH and USD, according to data compiled by NFT Price Floor. With a 152 ether floor value, BAYC’s overall market capitalization is now worth roughly 1,519,848 ether or $4.31 billion. The top NFT collection was launched exactly a year ago for 0.08 ETH each worth around $200. With the current floor prices, this means early adopters are now sitting on gains of 216,900% in dollar value. BAYC Creator Now Valued at $4B The creator of Bored Ape NFT collection, Yuga Labs is now valued at $4 billion after recently raising $450 million from leading crypto firms and celebrities. The startup also recently acquired the IP rights to the popular CryptoPunks and Meebits collections from their original creator, Larva Labs. These have seen a total combined sales volume of $2.7 billion to date.The post Bored Ape Yacht Club NFT Hits New ATH Floor Price first appeared on Cryptoknowmics-Crypto News and Media Platform.The post Bored Ape Yacht Club NFT Hits New ATH Floor Price appeared first on Cryptoknowmics-Crypto News and Media Platform.