Bored Ape #4066 Sold For 116 ETH
Portfolio Pulse from Benzinga Insights
Bored Ape #4066, a non-fungible token (NFT) from the Bored Ape Yacht Club (BAYC) collection, sold for 116 ETH ($217,250 USD). 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 on Twitter.

June 01, 2023 | 7:00 pm
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Bored Ape #4066 sold for 116 ETH, highlighting the growing popularity of NFTs and the Bored Ape Yacht Club. This could potentially increase demand for Ethereum as the underlying blockchain.
The sale of Bored Ape #4066 for 116 ETH demonstrates the growing interest in NFTs and the Bored Ape Yacht Club. As Ethereum is the underlying blockchain for these NFTs, increased demand for BAYC and similar NFTs could lead to higher demand for Ethereum, potentially driving up its price in the short term.
CONFIDENCE 75
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