New sales record for Bored Apes NFTs- The Cryptonomist

The Bored Apes Yacht Club‘s NFT collection has surpassed 2.4 billion total sales, or more accurately 657.2 thousand Ethereum (ETH).

Only at the end of July, Bored Apes had exceeded 1 billion in total sales, and now in just one month, these numbers have doubled.

The latest news on Bored Apes

Recently, the project launched a limited edition of the famous M&M’s that sold out in a short time. Each package, called Kingship, cost $100 in a limited edition of 10,000 boxes.

In addition to the many stars who bought BAYCs and supported the project, in early July Timbaland, a famous U.S. record producer, rapper, and songwriter, launched his new video “Has a Meaning” starring the Bored Apes.

By August 20, however, the Bored Apes had given ground and the floor price had come to be worth less than it had seen almost all year. In fact, the floor price had come in at about 65 ETH, after it had reached its ATH at the time of 153 ETH in May 2022.

Perhaps because of this, the CryptoPunks collection a few weeks ago had managed to surpass the floor price of Bored Apes. Currently, however, the ranking has reversed again, with BAYCs leading the way with a floor price of 72.50 Ethereum.

Meanwhile, Rarible’s marketplace has announced that it will build a zero-fee platform for NFTs in the collection. To take advantage of this benefit, however, users will have to exchange their BAYCs in APE tokens or ETH.

In addition, during MTV’s 2022 Video Music Awards (VMAs), Snoop Dogg and Eminem will perform the song “From the D 2 the LBC” both on stage at the event and on Otherside, the metaverse created by Yuga Labs.

VMApes this Sunday — We’re glad to support @SnoopDogg & @Eminem who will be performing their new single featuring their Apes and @OthersideMeta. https://t.co/Gly7uRup7G

— Bored Ape Yacht Club (@BoredApeYC) August 25, 2022