The Ethereum floor price for the Bored Ape Yacht Club (BAYC) NFT series has fallen to its lowest level since the beginning of the year, so how much is Bored Ape Yacht club now? What is the cheapest Bored Ape worth? Let's find out.
How much is Bored Ape Yacht Club now?
NFTs have been around for five years, but the non-fungible token craze will not really take off until 2021. It coincides almost perfectly with the launch of the Bored Ape Yacht Club, which brings together 10,000 cartoon ape NFTs representing the entire industry. BAYC has been the leader in NFTs over the past year, just like Bitcoin has been in the entire crypto market.
DappRadar shows that the NFT index, which tracks the performance of non-fungible tokens in the market and is based on circulating supply, is down 23% on the day.
Separate data shows that NFT marketplace OpenSea's trading volume peaked on the last day, with sales up 173% to a value of $23.46 million. The drop in value came during a market rout, in part because the latest consumer price inflation report, released Friday, hit 8.6% in May. Bitcoin was last trading around $22,513 as of 2:30 am ET on Tuesday, down more than 50% so far this year.
The current reserve price of Bored Ape Yacht Club is 79 ETH, and the 24-hour trading volume is 325.99 ETH, with a total of 4 sales. The reserve price for Bored Ape Yacht Club has increased by 0.00% in the past 24 hours. The average price of 7D is 88.556 ETH, the highest price of 7D is 169.00 ETH, and the lowest price of 7D is 65.00 ETH. The project currently ranks first in the NFT price floor with a floor of 790,000 ETH. It has a listing ratio of 8.28% and a maximum supply of 10,000.
What is the cheapest Bored Ape worth?
Bored Apes was first released in April 2021 at an original price of 0.08 ETH, equivalent to about $192 at the time. The cheapest Bored Ape Yacht Club NFT is around 152 ETH, or about $429,000.
The launch of the Otherdeeds metaverse seems to have sparked an increase in the Bored Ape NFT price, which is now its floor price.
So I hope now you will know how much is Bored Ape Yachet club now and what is the cheapest Bored Ape worth. The rise of Bored Ape NFTs has also increased their demand in the NFT market. What's more, owners of Bored Ape NFTs can also use their Ape Image intellectual property for their personal branding or projects.
