CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • CryptoPotato Crypto Fund
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • bitcoin
    BTC$28,485.00
  • ethereum
    ETH$1,826.17
    • Market Updates
    • BTC Analysis
    • ETH Analysis
    • XRP Analysis
    • Interviews
    • Opinions
    CryptoPotato
    CryptoPotato
    • Crypto News
    • Margin Trading
    • Guides
      • Bitcoin & Crypto Guides 101
      • Bitcoin For Beginners
      • Editorials
    • DeFi & NFT
    • Buy
    • Language
    • Crypto News
    • Bitcoin For Beginners
    • Cryptocurrency Guides 101
    • Editorials
    • Bitcoin & Crypto Margin Trading
    • DeFi & NFT News
    • Bitcoin Price Analysis
    • CryptoPotato Crypto Fund
    • Ethereum (ETH) Price Analysis
    • Ripple (XRP) Price Analysis
    • Market Updates
    • Interviews
    • Buy Bitcoin with Card
    Home » Crypto News » $19 Million: The Current Bid for 107 Bored Yacht Apes NFTs Minted for 0.08 ETH Each

    $19 Million: The Current Bid for 107 Bored Yacht Apes NFTs Minted for 0.08 ETH Each

    Author: George Georgiev

    Last Updated Sep 6, 2021 @ 10:03

    The NFT mania continues. There’s currently a $19 million bid on a collection of 107 Bored Apes Yacht Club NFTs in a Sotheby’s collection.

    The NFT market continues to rage, and it shows no signs of slowing down. At the time of this writing, Sotheby’s is hosting a dedicated online sale of NFTs of Bored Ape Yacht Club (BAYC,) and the current bid is just short of $20 million.

    $19 Million for NFT Apes

    It goes without saying that non-fungible tokens are where all the rage is within the past couple of months, with multiple collections selling for astronomic figures across a variety of blockchains such as Ethereum, Solana, and Binance Smart Chain (BSC).

    We saw some tremendous valuations, but the train doesn’t seem to slow down. At the time of this writing, Sotheby’s is hosting a collection of 107 NFTs from the Bored Ape Yach Club series. Each one of them was minted in 2021 and represents an ERC721 token. During the initial drop, users could purchase the apes for as low as 0.08 ETH.

    In terms of specs, each bored ape represents a unique and programmatically generated token from over 170 possible traits. These include expression, headwear, clothing, and so forth. The collection in question also includes 3 M1 and 3 M2 Mutant serums.

    Below is a picture of just one of the apes included in the collection:

    ADVERTISEMENT
    Oneape_img
    Bored Ape Yacht Club NFT

    The Hype Reaches The Stars

    While it’s clear that in terms of pricing, the BAYC NFTs have gone to the moon and back, the hype also reached the stars… literally.

    Stephen Curry – a legendary basketball player, is pretty open about his fondness for the project. He has purchased an ape himself and even uses it as a profile picture on Twitter. The player has also put the project in his Twitter bio.

    In any case, the Sotheby’s collection, with its current bid, puts the price for each individual NFT at around $177,570. Given the initial purchase price of 0.08 ETH, this puts the seller at a tremendous profit.

    The auction still has 3 more days to go, and the collection’s valuation might even go higher.

    SPECIAL OFFER (Sponsored)
    Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

    PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.

    You Might Also Like:

    • IsaacHerzog
      Israeli Parliament the First to Lend the Elected President the Declaration as an NFT
    • NFTs Reached NBA: Stephen Curry Purchased 'Bored Ape' For $180K
    • sushi_uniswap
      Shoyu, the NFT Marketplace Announced by Sushiswap Developer LexV, Will Launch in August
    Tags: DeFi Non-Fungible Token (NFT)
    Enjoy reading? Share with your friends
    Facebook Twitter LinkedIn Telegram

    About The Author

    George Georgiev
    More posts by this author

    Georgi Georgiev is CryptoPotato's editor-in-chief and a seasoned writer with over four years of experience writing about blockchain and cryptocurrencies. Georgi's passion for Bitcoin and cryptocurrencies bloomed in late 2016 and he hasn't looked back since. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. Contact George: LinkedIn

  • bitcoin
    BTC$28,485.00
  • ethereum
    ETH$1,826.17
  • Join Our Community

    FacebookTwitter YouTubeTelegram


    Editorials
    15 Months Later, What Changed Since November 2021? Interview With Phantom Wallet CEO

    15 Months Later, What Changed Since November 2021? Interview With Phantom Wallet CEO

    Artificial Intelligence & Crypto Guide: Here Are the Top 5 AI Coins

    Artificial Intelligence & Crypto Guide: Here Are the Top 5 AI Coins

    How to Keep Your Crypto Safe, MetaMask Future Plans, and Digital Identities: Talking Wallets With PM Alex Jupiter

    How to Keep Your Crypto Safe, MetaMask Future Plans, and Digital Identities: Talking Wallets With PM Alex Jupiter

    What is Optimism (OP): Guide to One of Ethereum’s Layer-Two Scaling Solutions

    What is Optimism (OP): Guide to One of Ethereum’s Layer-Two Scaling Solutions

    Why ZK-Rollups Are the Future of Ethereum Scaling: Interview with StarkWare PM Gal Ron

    Why ZK-Rollups Are the Future of Ethereum Scaling: Interview with StarkWare PM Gal Ron

    2022 Was Crypto’s Dot Com Bust: Let’s Recap Tech Stocks After 2000 (Opinion)

    2022 Was Crypto’s Dot Com Bust: Let’s Recap Tech Stocks After 2000 (Opinion)

    How Long Will the Ethereum LSD Narrative Last? Talking 2023 Trends with Nansen’s Martin Lee

    How Long Will the Ethereum LSD Narrative Last? Talking 2023 Trends with Nansen’s Martin Lee

    Join Our Newsletter
    Become a CryptoPotato VIP
    One Weekly Email Can Change Your Crypto Life.
    Sign-up FREE to receive our extended weekly market update and coin analysis report
    We NEVER send spam. You can unsubscribe at any time.
    Invalid email address
    Thanks for subscribing!
    Footer Logo
    About
    Advertise on CryptoPotato
    About Us | Contact Us | Careers
    Editorial Policy
    Terms of service | Privacy Policy | GDPR
    More Sections
    IEO List | Evaluations
    Airdrops
    Scholarship
    Disclaimer
    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
    © Copyright CryptoPotato 2016 - 2021
    Scroll to top
    One Weekly Email Can Change Your Crypto Life.

    Sign-up FREE to receive our extended weekly market update and coin analysis report

    We never send SPAM. You can unsubscribe at any moment
    Invalid email address
    Thanks for subscribing!