Bored Ape, Mutant Ape Yacht Club NFT Sales Skyrocket — Floor Prices Spike More Than 40%

Bored Ape, Mutant Ape Yacht Club NFT Sales Skyrocket — Floor Prices Spike More Than 40%

After Eminem revealed that he purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for $452K, both BAYC and Mutant Ape Yacht Club (MAYC) NFT sales have skyrocketed. Metrics indicate that on Sunday, January 2, 2022, MAYC’s seven-day trade volume of $93.02 million is up 93.41% and BAYC’s weekly volume of $78.26 million is up 150.97%.

BAYC and MAYC Weekly Volumes Jump 93% to 150% Higher

Bored Ape Yacht Club and Mutant Ape Yacht Club, are two particular NFT projects that have seen significant trade volume during the last seven days. Bored Ape Yacht Club (BAYC) is an NFT project that consists of 10,000 unique apes and today, 6,067 unique addresses hold at least one BAYC.

At the time of writing, one ethereum address holds roughly 105 BAYC NFTs. Statistics show that BAYC has seen $78.26 million in seven-day volume among 434 traders. While the BAYC volume is up 150.97%, the number of traders is also up 101.86%, alongside the 122.95% increase in BAYC sales.

Bored Ape, Mutant Ape Yacht Club NFT Sales Skyrocket — Floor Prices Spike More Than 40%
MAYC, and BAYC are the top two collections this week, according to dappradar.com stats.

Currently, all-time metrics indicate BAYC’s overall market valuation is $2.73 billion. At the time of writing, a single BAYC’s floor price is around $273,420 in ether but the average price today is $287,740 per BAYC.

While BAYC has seen a major boost, the sister project Mutant Ape Yacht Club (MAYC) NFT collection commands this week’s top volume. MAYC volume today is $93.02 million which is up 93.41%. There’s been 2,234 MAYC traders this week and an individual MAYC’s floor price is $59,180 per NFT, but MAYC’s are selling for $54,270 on average.

Mutant Apes Capture $707 Million in Volume — Bored Ape Kennel Club, Bored Ape Chemistry Club, Prime Ape Planet NFT Sales Spike

MAYC is an NFT collection of 20,000 mutant apes and the only way to create one is by tethering a BAYC to mutant serum or during the public sale’s mint process. MAYC’s rewarded BAYC holders with a mutant version that can be traded on the open market. To date, there’s been approximately 7,623 mutations.

Bored Ape, Mutant Ape Yacht Club NFT Sales Skyrocket — Floor Prices Spike More Than 40%
While Bored Ape Yacht Club (BAYC) has a max supply of 10,000 apes, Mutant Ape Yacht Club (MAYC) has a max supply of 20,000 apes.

Across 21,956 in lifetime MAYC sales, the project has seen 184,791 ether or $707 million in all-time volume. Furthermore, at the time of writing, there’s 11,148 unique ethereum wallets that hold at least one MAYC.

During the last seven days, ​​Bored Ape Yacht Club #3562 sold for 430 ether or $1.64 million five days ago. That was the most expensive BAYC sale this past week, while Eminem’s recent BAYC purchase was this week’s 30th most expensive BAYC sale.

On January 2, 2022, MAYC #2209 sold for 26.69 ether or $102K, MAYC #4627 sold for 26.26 ether or just over $100K the same day. In addition to BAYC and MAYC sales on the rise, Bored Ape Kennel Club, Bored Ape Chemistry Club, and Prime Ape Planet PAP all command today’s top NFT collection volume.

What do you think about BAYC and MAYC trade volume rising this week? Let us know what you think about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Billionaire Jeff Gundlach Expects Recession This Year, Advises Against Buying Bitcoin

Down From the Peaks: A Look at How Far Crypto Assets Have Slid From Their All-Time Highs

Image Credits: Shutterstock, Pixabay, Wiki Commons, BAYC, MAYC, NFTs

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Note: This article have been indexed to our site. We do not claim legitimacy, ownership or copyright of any of the content above. To see the article at original source Click Here

Related Posts
HubSpot’s September releases: A manager’s guide thumbnail

HubSpot’s September releases: A manager’s guide

HubSpot’s September releases include templates for Campaigns, simpler ways to edit information for CRM records, pre-built reporting for SEO and HubSpot Payments, improved video overlay tools and segmentation, and streamlined new user setup features. Use Campaign templates to recreate successful campaigns quickly Continuing the Campaign tool enhancements from July’s releases, you can now set up
Read More
Paul O’Sullivan: Back in the Saddle with SAA thumbnail

Paul O’Sullivan: Back in the Saddle with SAA

South African Airways (SAA) has received a lot of flack in the past months, with many calling for the state-owned airline to be shut down completely. In a recent BizNews interview with Rob Hersov, the 60-year old businessman put it rather bluntly – “get ride of South African Airways, it’s over. Why resuscitate SAA? The…
Read More
Mexico to launch gov’t-backed digital currency by 2024 thumbnail

Mexico to launch gov’t-backed digital currency by 2024

Mexico intends to have its central bank digital currency (CBDC) in circulation by 2024, as part of the country’s bid to promote financial inclusivity, the country’s government has confirmed. A number of countries have started to embrace CBDCs, with some of the most rapid developments in this sector being in the North American region. The…
Read More
Hafiz Ibrahim: Chelsea to Sign 18-Year-Old Nigerian Youngster thumbnail

Hafiz Ibrahim: Chelsea to Sign 18-Year-Old Nigerian Youngster

English Premier League club, Chelsea is reportedly finalising a possible deal with Nigeria’s promising star Hafiz Ibrahim from Ojodu City Academy in Lagos. Ibrahim, 18, caught everyone’s attention with his spectacular performance at the 74th annual Viareggio Cup, a global youth tournament in Italy, in February. Following the youngster’s skillful outing, Chelsea offered him a two-week
Read More
WeWork founder Adam Neumann discounts his NYC triplex to $32 million thumbnail

WeWork founder Adam Neumann discounts his NYC triplex to $32 million

As you were browsing, something about your browser made us think you might be a bot. There are a few reasons this might happen, including: You're a power user moving through this website with super-human speed You've disabled JavaScript and/or cookies in your web browser A third-party browser plugin is preventing JavaScript from running. Reference
Read More
Index Of News
Total
0
Share