Boom! Bored Ape And Mutant Ape NFT Sales Soar Over 150 Percent

Bored Ape Yacht Club's most popular NFT dominates non-fungible token digital art trading. (Bitcoins)

JAKARTA – The most popular non-fungible token (NFT) digital art Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) experienced significant growth in the past week, driving their trading volume. BAYC is an NFT collection that is available in limited quantities, which is only 10,000 Bored Ape. There are currently reported to be 6,065 address wallets that have at least one BAYC.

Reporting from Bitcoin.com News, one ethereum address holds about 105 NFT BAYC. Statistics show that BAYC's trading volume touched 78.26 million US dollars in seven days. The money rotates among 434 traders. BAYC's volume also increased by 150.97 percent, the number of traders also increased by 101.86 percent, then BAYC's sales also skyrocketed by 122.95 percent.

Based on a statistic report from dappradar.com, NFT Mutant Ape and Bored Ape became the top two collections this week. The all-time metric shows BAYC's overall market valuation is $2.73 billion. Currently, the base price for one NFT BAYC is at the level of US$273,420 (approximately Rp3.9 billion), but the average price is in the range of US$287,740 (equivalent to Rp4.1 billion) per NFT BAYC.

BAYC which is the sister of the NFT MAYC project experienced a big increase and managed to lead the highest volume this week. Currently, the volume of MAYC is at 93.02 million US dollars, up 93.41 percent. Additionally, there are 2,234 NFT MAYC traders this week. While the base price of MAYC per item is 59,180 US dollars (approximately Rp847,034,463). However, currently, the average selling price of MAYC is in the range of USD 54,270 (around Rp776,826,207).

For information, the Mutant Ape Yacht Club is an NFT collection of 20,000 Mutant Apes which can only be created by tethering the Bored Ape Yacht Club to the mutant serum or through a public sale process. BAYC owners who were rewarded with a tradable mutant version of MAYC currently number around 7,623.

While the Bored Ape Yacht Club (BAYC) has a maximum supply of 10,000 ape images, the Mutant Ape Yacht Club (MAYC) has a maximum supply of 20,000 ape images. In the past week the Bored Ape Yacht Club #3562 sold for 430 Ethereum which is equivalent to 1.64 million US dollars (approximately Rp23.4 billion). It was the most expensive BAYC sale that occurred last week. A few days ago, Eminem's purchase of NFT BAYC was the 30th most expensive Bored Ape sale this week.

The sale of NFT MAYC continues to this day, on January 2, 2022 yesterday, MAYC #2209 has sold for 26.69 Ethereum or 102,000 US dollars (approximately Rp1.4 billion). On the same day MAYC #4627 also sold for 26.26 Ethereum which is worth more than 100,000 US dollars.

The explosion of ape-themed NFT sales such as BAYC and MAYC was followed by the Bored Ape Kennel Club, Bored Ape Chemistry Club, and Prime Ape Planet PAP. All of them controlled the highest sales volume of NFT collections in recent days. As is well known, the sale and purchase of NFT digital assets uses the cryptocurrency Ethereum (ETH) as a digital asset transaction tool.