Always in fashion – There seems to be no effect on hype around some NFT collections. While the market is on red and that the bankruptcy of FTX seriously undermined the enthusiasm of most of the crypto community, some collectors still spending fortunes to get simian profile pictures. the Bored Ape Yacht Club (BAYC) is in Pantheon of digital art and the rarest of them are still sold for close to1 million that dollar. Here is a great gift idea Christmas !
Bored Ape Yacht Club #232 sold for 800 ETH or 927,000 dollars
The sale that is driving the market crazy right now is the Bored Ape Yacht Club #232 the picture you see below. it NFT sold by Deepak Thapliyal, the CEO of Chain, a start-up specializing in blockchain infrastructure. The latter is known to NFT enthusiasts from and Conversions regular in the most popular profile pictures.
For example, he bought Oct. end the CryptoPunk #5822 with 8,000 ETH even close to 24 million during the exchange. So he recently parted with a monkey with golden fur. very rare because it is classified TH-324 on 10,000 NFTs according to Rarity Tools and this type only represents 0.05% from the oft-mentioned Bored Ape collection.
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The tree that hides in the forest? Despite some record sales, the sector is in freefall
And the proud owner of the animal in question is called Keung on Twitter. He is also known as a collector this type of NFT and he warmly thanked Deepak Thapliyal for this” good deal “. But the size of this sale should not cover the reduced in general what is happening in the NFT market as a whole.
In fact, after arriving 25 billion dollars in 2021the sector has slowed significantly 2022 with lower volumes. For example, according to DappRadar and Dune, there are more 5.36 billion of NFT sales of January last for only 700 million of Oct.. And of course, even the most famous collections like Bored Ape saw their floor price melt like snow in the sun, which passes away 152 ETH in April of 60 ETH today. And the price is expressed in ETH, imagine the real value considering the current price of Ethereum…
But regardless of the prices, digital art enthusiasts, NFT collectors or fans of Web3 technologies will not be affected by the reductions. They will wait well for all this to return one day, enjoying their images and well displayed on social networks. There are potentially great deals to be had today! This sector is perhaps one of the only ones in crypto where a little bit of madness and good humor still reigns amidst a sea of bad news related to the macroeconomic situation and all the famous FTX activity .
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