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Rare Bored Ape NFT sells for $1.5 million!

BAYC NFT

Despite the ongoing rout in art and collectibles NFT marketplaces, Bored Ape NFTs have managed to draw the attention of collectors and investors once again.

An NFT collector and BAYC superfan going by the name of Vis.eth has managed to bag a rare NFT. Vis.eth added the valuable Bored Ape #5383 to his collection for 777 ETH (approximately $1.5 million).

Bored Ape #5383 is the 285th rarest Ape NFT in the 10,000-strong collection of BAYC NFT. The ape in the NFT is a six-trait gold fur with a lumberjack shirt, angry eyes, and a bored unshaven mouth. The most expensive Bored Ape NFT of all time continues to be #8817, which was sold for $3.4 million.

As per the byte given by Vis.eth to Bored Ape Gazette, he wanted to purchase the NFT because of the solid golden fur it features. The fur is considered to be a rare trait in BAYC NFT collections. Vis.eth has a large collection of BAYC NFTs, costing millions of dollars, spread across two wallets. The collection consists of 60+ land NFTs from Yuga Lab’s upcoming metaverse project.

The seller, on the other hand, purchased the NFT for just $242,000 in August last year. With this sale, the seller goes home with a handsome profit of 682 ETH or $1.2 million.

Given the prevailing bearish sentiment in the market and the drop in the floor price of BAYC NFTs in the recent past, the transactions are a pleasant surprise.

FAQs

What is the most expensive Bored Ape ever sold?

The most expensive BAYC NFT is Bored Ape #8817, which sold for the towering sum of $3.4 million. While it isn’t the rarest NFT in the collection (it’s listed as the 17th rarest at Rarity Tools), its desirability comes from its combination of rare traits.

How much value has Bored Ape lost?

To determine the current value or any changes in the value of Bored Ape NFTs, you should check reputable NFT marketplaces, auction platforms, or dedicated NFT tracking websites for the latest pricing information. Platforms like OpenSea, Rarible, and others provide real-time data on NFT sales, including historical price trends.
Keep in mind that the NFT market can experience periods of volatility, and prices can be influenced by a variety of factors, including overall market sentiment, shifts in collector interest, and developments within the broader cryptocurrency and blockchain space.

Are bored apes worth money?

Bored Ape Yacht Club (BAYC) NFTs have gained significant value and attention within the non-fungible token (NFT) space. The Bored Ape Yacht Club is a collection of unique, hand-drawn, and algorithmically generated NFTs, each representing a cartoon ape with distinct traits and features. Owners of Bored Ape NFTs are granted membership to a virtual yacht club and community, which often includes exclusive access to events, merchandise, and other perks.

Did the Bored Ape sell for 115 dollars?

An NFT holder sold a Bored Ape Yacht Club (BAYC) non-fungible-token (NFT) worth $350,000 for a meager $115. This either appears to be a hack or an honest mistake, but has cost the collector a fortune.

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