Sales of the Bored Apes Yacht Club are increasing by 175% as the minimum price reaches 109 ETH

Sales of the Bored Apes Yacht Club are increasing by 175% as the minimum price reaches 109 ETH

Sales of the Bored Apes Yacht Club are increasing by 175% as the minimum price reaches 109 ETH

Arman Shirinyan

The largest NFT collection in the world receives a huge increase in volume as celebrities buy more pieces

One of the largest NFT collections on the market, Bored Apes Yacht Club, has faced an increase in volume of up to around $ 1 million as volume has increased by more than 175%, WuBlockchain relationships.

In addition to the increase in trading activity, the minimum price of the series has risen to nearly 110 ETH, which is around $ 330,000. The collection’s total market value is now close to reaching $ 1 billion as the number of holders surpassed 6,400.

Despite the most recent problems with security and exploits, the collection still attracts well-known investors and even some VCs. Previously, U.Today noted that the project’s official community in Discord was exploited and users received phishing links urging them to transfer some sensitive data that allowed hackers to steal their non-fungible tokens.

During the exploit, the scammers stole $ 100,000 worth of NFTs. Many users believed that the project managers were giving April Fool-related giveaways, which is why some of them were lured and passed information to hackers.

One of the more recent celebrities who joined the NFT trend and chose BAYC to do so was pop legend Madonna. She reportedly purchased a bored pink monkey who wore a leather cap as she suited the superstar’s provocative look and performance.

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