Here's Why This Rare Bored Ape NFT Just Sold For $88,141 In ETH
Portfolio Pulse from Benzinga Insights
Bored Ape #6117, a rare NFT from the Bored Ape Yacht Club (BAYC) collection, sold for 47 ETH ($88,141). 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.
June 06, 2023 | 7:02 pm
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Bored Ape #6117 NFT sold for 47 ETH ($88,141), highlighting the popularity of Ethereum-based NFTs like BAYC.
The sale of Bored Ape #6117 for 47 ETH ($88,141) demonstrates the growing demand for Ethereum-based NFTs like BAYC. As the popularity of BAYC and similar NFT collections increases, it could drive more transactions on the Ethereum network, potentially leading to a positive short-term impact on the price of ETH.
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