Tag: Bored Ape Yacht Club

Cryptory.net - The popular NFT collection Bored Ape Yacht Club has reached its lowest price since late 2021.

Despite the recent volatility in the crypto market, non-fungible tokens (NFTs) have proven to be resilient, with a 7.74% surge in weekly sales, amounting to a total of $181.82 million.

According to statistics, NFT sales in March were 31.42% lower than the previous month, down from $1.03 billion in February to $882.89 million.

One day after the collapse of Silicon Valley Bank, NFT trading volume also declined significantly, even reaching a bottom compared to November 2021.

Cryptoslam.io report showed that in the first week of 2023, NFT sales surged by 25% compared to the last week of 2022.

ApeCoin (APE) staking product officially takes place with 2.9 million APE ($11.5 million) participation so far.

Cryptory.net - Yuga Labs, the creator of the popular NFT collection Bored Ape Yacht Club is facing an investigation by the SEC for allegedly providing illegal services, violating federal law.

The Bored Ape Yacht Club collection has seen both sales and traders increase over the past 24 hours.

Last week, a spike in trading volume allowed GODA Mint Pass and We Are All going To Die (WAGDIE) to overtake Bored Ape Yacht Club (BAYC). But things changed when BAYC regained the top spot on OpenSea this week, despite a 53% drop in price from its all-time high (ATH) in May.