NFT Madness: Bored Ape Yacht Club floor price increases to $430,000!

The Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection saw its floor value drop to 152 ether ($430,000) for the cheapest Bored Ape. Since September 1, 2021, the floor value of NFT BAYC’s collection has risen from 25 ether ($70K) to 152 ether today, climbing over 500% in value over the past seven months.

On Friday, April 29, 2022, the Bored Ape Yacht Club’s Non-Fungible Token (NFT) collection saw its floor value hit an all-time high. According to statistics from NFT Marketplace Opensea, the current floor value is 152 Ether, or $430,000, at the current Ether exchange rate.

Statistics show that seven months ago, on September 1, 2021, the bottom value of BAYC was only 25 ETH or $70,000. On November 19, 2021, the bottom value of BAYC broke through the 50 ETH mark. BAYC’s floor value rose to over 100 ether after January 30, 2022, and its value has been rising ever since. However, there was a brief dip in BAYC NFT floor values ​​in March. On March 8, 2022, the Bored Ape Yacht Club floor fell to 68 ether.

Between September 1, 2021 and today, the floor has risen approximately 507.99% since today, 240 days ago. If BAYC is the most expensive NFT floor value, the NFTs from the Proof Collective collection also exceed 100 ethers.

The current floor value of Proof Collective is 120 ether or $340K. The NFT Proof Collective and Bored Ape Yacht Club collections are the only two NFT projects with a floor above 100 ETH.

Proof Collective and Bored Ape Yacht Club are followed by Cryptopunks (59.99 ETH), Bored Ape Chemistry Club (56 ETH), Mutant Ape Yacht Club (40.86 ETH), and Moonbirds (31.4 ETH).

With a floor value of 152 ETH, BAYC’s overall market cap is worth approximately 1,519,848 ETH or $4.31 billion using today’s ETH exchange rates. Statistics show that approximately 6,354 unique owners hold at least 1 NFT BAYC on April 29, 2022.

In the past 24 hours, BAYC NFTs saw an aggregate trading volume of $19.4 million, or 6843.66 ethers. To date, Bored Ape’s NFTs have seen $1.9 billion in sales between 10,860 buyers, across 28,295 onchain transactions.

The floor NFT that currently costs 152 ether is Bored Ape #7950 and the owner sale ends in 14 hours. The most expensive Bored Ape ever sold was BAYC #3749 for 740 ETH or $2.9 million. The Bored Ape wearing a captain’s hat that was sold for 740 ether also has laser eyes.

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