Here's Why This Rare Bored Ape NFT Just Sold For $101,572 In ETH
Portfolio Pulse from Benzinga Insights
A rare Bored Ape NFT from the Bored Ape Yacht Club (BAYC) collection sold for 55.01 ETH ($101,572 USD). The BAYC is an exclusive community for holders of ape and mutant-themed NFTs on Ethereum's blockchain. The collection has gained significant influence in 2021, with many celebrities adopting Bored Apes as their profile pictures.
May 23, 2023 | 7:01 pm
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A rare Bored Ape NFT sold for 55.01 ETH, highlighting the growing popularity of NFTs on Ethereum's blockchain.
The sale of the rare Bored Ape NFT for 55.01 ETH demonstrates the increasing demand for NFTs on Ethereum's blockchain. As the Bored Ape Yacht Club gains influence and attracts celebrities, it could drive more interest in Ethereum-based NFTs, potentially increasing the value of ETH in the short term.
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