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A Bored Ape Yacht Club spinoff is now the hottest NFT collection after 500% trading jump
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Non-fungible token traders are clamoring for a spinoff of the famed Bored Ape Yacht Club collection.
Mutant Ape Yacht Club NFT trading volume on the secondary market surged about 500% over the past week to nearly $71 million, according to CryptoSlam data cited by Decrypt, which said it's most popular tracked project during that period.
In addition, the average price of a Mutant Ape NFT rose to about 12.3 ETH from 8 ETH (from about $32,000 to about $50,250) over the last seven days.
There are 20,000 total avatar images available in the project, in varying degrees of rarity. And one of the Ethereum-based NFTs — a Mega Mutant Serum NFT — sold for about $3.6 million worth of ETH.
The Mutant Ape spinoff series is mimicking the success
Read more on markets.businessinsider.comAbout this in other media
An NFT collection of 10,000 Wall Street bulls sold out in 32 minutes, and soon risk-hungry collectors can double down or lose it all with new gamification feature markets.businessinsider.com /2 years ago
Bored Ape Yacht Club is a huge mainstream hit, but is Wall Street ready for NFTs? cointelegraph.com /2 years ago
Sales of Bored Ape Yacht Club NFTs jump past $1 billion amid heightened interest from celebrity collectors markets.businessinsider.com /2 years ago
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