Cryptoknowmics
2022-04-24 09:30:07

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...

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.