Market Analysis Report (17 Nov 2021) PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Market Analysis Report (17 Nov 2021)

Since launching back in April, Yuga Labs Bored Ape Yacht Club collection has experienced huge growth – being donned as profile pictures (PFPs) by various mainstream celebrities including Jimmy Fallon, Post Malone, Steph Curry and Mark Cuban.

Back in May, the floor price of a Bored Ape was roughly $400. Since then, it has risen in excess of $200,000 and in the past week alone, the floor has nearly doubled from $130,000 to a staggering $206,000!

One of the most popular metrics for measuring NFT collections is unique holders. For example, on the 2nd of May, just 1,800 people held all 10,000 Bored Apes. Fast forward six months and the collection now has nearly 6,000 unique holders. Over this period of time, the total value of the collection has risen from $3,000,000 to $466,000,000!

Like other PFP NFT collections, Bored Ape Yacht Club consists of apes made up of varying traits and attributes – some of which are more valuable or rare than others. The most sought- after traits include the ‘Solid Gold’ and ‘Trippy’ fur, as well as the ‘Blue Beams’ eye trait.

Source: https://www.cryptocompare.com/email-updates/daily/2021/nov/17/

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