Bored Ape NFT Gold Fever: User Buys Gold Fur Monkey for 777 Ethereum (ETH)

NFT collector Vis.ETH made waves on Twitter Wednesday afternoon, as the NFT enthusiast bought Gold Bored Ape #5853 for a whopping 777 $ETH, which converted to $1,512,042 at the time of purchase. Interestingly, this comes just a day after Anonymous Group sent out a message to Bored Ape Yacht Club, announcing that they would investigate the allegations directed at BAYC for using satanic, racist, facist, and paedophilic symbolism in its digital art.

Lucky Number for Bored Ape Yacht Club

Triple seven, the number of ultimate luck, might have indeed boosted Bored Ape Yacht Club’s reputation after yesterday’s allegations. According to the newest statistics by Dune Analytics, Bored Ape Yacht Club NFTs have reached a milestone of the highest average price in two months. On top of that, Yuga Labs’ new project, the Otherside NFT collection, has skyrocketed in volume. The medium price now stands at 3.43 ETH.

The Gold Fur Ape That’s Worth $1.5 Million

After the deal was done, BAYC Gazette reached out to Vis.ETH and asked him the reason behind adopting the lumberjack-shirted, angry-looking, gold fur-covered primate. “I wanted to collect a golden monkey,” the NFT collector simply replied. Besides, he also added that “Yuga is going to be the first successful social verse.”

Lifting up the community’s spirits, the metaverse mogul Vis.ETH has previously bought 4,500 Ethereum (ETH) worth of Otherdeeds NFT from Yuga. At that time, the purchase converted to a colossal $9,000,000. Are the NFT primates reaching their Gold age?

Ultimately, the support from NFT collectors at such an ambiguous time might keep Bored Apes Yacht Club afloat. The Bored Apes NFT sells for a lot because it includes a commercial license. To illustrate, Eminem & Snoop Dogg released a Bored Ape NFT themed music video. Moreover, Seth Green uses his recovered Bored Ape in his new TV show. Given Seth Green paid $300,000 just to get his Bored Ape back from a thief, there’s no wonder Bored Apes are facing widespread adoption in the entertainment industry.

On the Flipside

Why You Should Care

NFT sales are on the rise once again, while blockchain adoption accelerates around the globe. Paris is set to become a Web3 hub this September, while New York already has ‘Web3 headquarters’ powered by Solana Spaces.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed to be financial legal or tax advice. Trading Forex, cryptocurrencies, and CFDs poses a considerable risk of loss

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Author

Tadas Klimasevskis is a reporter, focusing on the latest tendencies of the crypto galaxy. He spends his time digging deeper into specific areas like meme coins such as Shiba Inu (SHIB) & Dogecoin (DOGE), music NFTs, sports NFTs, digital art and Pop culture in Web 3.0. Tadas strongly believes in crypto as disruptive innovation and keeps an eye out for new crypto hubs being developed around the globe. His vast experience in social media lets him quickly spot what’s going on in the mercurial world of crypto and deliver stories with unique spins. He has been active in blockchain and cryptocurrencies since 2019.