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Bored Ape NFT Sells for $372K: Second Rarest Item in Collection Shakes the Market

The Second Rarest Bored Ape Yacht Club NFT Sold for $372,000

The second rarest Bored Ape Yacht Club NFT, Bored Ape #3953, was recently sold for just 200 ETH, equivalent to roughly $372,000. This price is significantly lower than the peak prices seen for the collection’s most prized items. Rarity Sniper has ranked Bored Ape #3953 as the second rarest item in the collection.

Key Points:

  • Bored Ape #3953, a cream-furred creature chewing on pizza, sold for 200 ETH.
  • Similar apes have been sold for millions in the past.
  • The floor price for the Bored Ape Yacht Club collection is currently at 31 ETH.
  • Yuga Labs, the startup behind BAYC, remains unfazed by the price crash.
  • Crypto Twitter users express surprise at the significant drop in value.

Yuga Labs Unfazed by Price Crash

Despite the plummeting prices of some of the most popular NFT collections, Yuga Labs, the startup responsible for the Bored Ape Yacht Club, appears unfazed. A spokesperson from Yuga Labs stated that they are not interested in monitoring the purchase or sale of their collections on marketplaces as it has no impact on their ongoing efforts. They remain focused on building great experiences for their communities and express excitement for future plans.

Hot Take: Lowered prices may lead to increased accessibility and broader adoption of NFTs.

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Bored Ape NFT Sells for $372K: Second Rarest Item in Collection Shakes the Market