![]() However, with volume on OpenSea down 70% in the last week or so, the buyers could find themselves stuck for resale opportunities in the near future. ![]() While these NFTs are designed as collectibles, many have simply been flipping them as a way of earning a quick fortune. Owners Could be Stuck With Their New Pets #Stockfolio app review freeThese four-legged companions were airdropped free to BAYC ape holders earlier this year and have a current floor price of 2.9 ETH ($10,000), giving them a market price of $1 million, suggesting that the buyer still paid way over the odds to acquire them. Bored Ape Yacht Club September 9, 2021Ī collection of 101 BAYC Kennel Club NFTs was also auctioned at the same time, fetching a more demure $1.835 million, bang in the middle of the Sotheby’s estimate. To the buyer, I think we speak for everybody when we say: WELCOME TO THE CLUB. Congratulations and THANK YOU to the whole ape community. What an historic moment for the club: the auction of 101 Bored Apes has closed at over $24m. The current price floor for BAYC apes on OpenSea is 35 ETH ($121,000), which means the entire collection is technically worth Sotheby’s $12 million lower estimate. This was surpassed yesterday when a buyer paid over double the minimum estimate to get their hands on the apes, which were released specially to Sotheby’s. Sotheby’s announced the 101-strong BAYC sale on September 2, with an estimated value of $12-$18 million. The BAYC has become a kind of flag bearer for the NFT movement, with buyers eager to get their hands on one of the 10,000 minted by creators Yuga Labs, and now one buyer can boast one of the biggest personal collections out there, albeit for a princely sum.
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