• Bored Ape and Mutant Ape collections have seen a surge in trading volume due to an upcoming free mint for Bored Ape NFT holders.
• MAYC is the top spot on OpenSea, with a 13% bump in trading volume over the last 24 hours and a floor price of 17.5 ETH, or about $25,000.
• BAYC, the 10,000 edition flagship collection, saw a 237% boost in trading volume over the last 24 hours.
Yuga Labs’ upcoming mint is causing a stir in the non-fungible token (NFT) marketplace OpenSea. On Thursday, the Mutant Ape Yacht Club (MAYC) and Bored Ape Yacht Club (BAYC) collections jumped to the top spots on the platform, with a 13% and 237% boost in trading volume, respectively.
MAYC is a 19,439-edition extension of the Bored Ape NFT ecosystem, with a floor price of around 17.5 ETH, or about $25,000. This makes it a more affordable entry point for those looking to join the Bored Ape ecosystem. BAYC, the 10,000 edition flagship collection, saw a 237% boost in trading volume over the last 24 hours.
The surge in trading volume of both collections is due to Yuga Labs’ announcement of an upcoming free mint for Bored Ape NFT holders. This offer will give holders of Bored Apes or Mutant Apes the chance to mint new NFTs without having to purchase them separately. This will give holders of these collections the opportunity to benefit from the growing popularity of the Bored Ape ecosystem.
The Bored Ape NFT ecosystem has been gaining traction in recent months. A variety of NFTs have been released within the collection, ranging from digital art to limited edition collectibles. This has helped to draw in more buyers and investors, resulting in the surge in trading volume seen on OpenSea.
The upcoming free mint for Bored Ape NFT holders is a great opportunity for those already part of the Bored Ape ecosystem, as well as those looking to join. It will give them the chance to benefit from the growing popularity of the Bored Ape ecosystem, while also providing a more affordable option for those looking to join. For those looking to get involved in the NFT space, this is an ideal time to do so.
The Bored Ape and Mutant Ape collections have seen a huge surge in trading volume on OpenSea, thanks to the upcoming free mint for Bored Ape NFT holders. This offer will give holders of these collections the chance to benefit from the growing popularity of the Bored Ape ecosystem, while also providing a more affordable option for those looking to join. With the NFT space continuing to grow, this is an ideal time to get involved.