Here's Why This Rare Bored Ape NFT Just Sold For $88,011 In ETH
Portfolio Pulse from Benzinga Insights
A rare Bored Ape NFT from the Bored Ape Yacht Club (BAYC) collection sold for 46.50 ETH ($88,011). 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 joining the club.
May 29, 2023 | 7:01 pm
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A rare Bored Ape NFT sold for 46.50 ETH, highlighting the growing popularity of NFTs on Ethereum's blockchain.
The sale of the rare Bored Ape NFT for 46.50 ETH demonstrates the increasing demand for NFTs on Ethereum's blockchain. As the popularity of NFTs and exclusive clubs like BAYC grows, it could lead to increased demand for ETH and potentially drive its price up in the short term.
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