Bored Ape, Mutant Ape Yacht Membership NFT Gross sales Explode – Land Costs Soar Greater than 40%

After Eminem announced it had bought a non-fungible token (NFT) from the Bored Ape Yacht Club (BAYC) for $ 452,000, NFT sales from both BAYC and Mutant Ape Yacht Club (MAYC) have skyrocketed shot. Metrics show that MAYC’s seven-day trading volume increased 93.41% from $ 93.02 million on Sunday, January 2, 2022 and BAYC’s weekly volume increased 150.97% from $ 78.26 million is.

The weekly volumes of BAYC and MAYC increase by 93% to 150%

Bored Ape Yacht Club and Mutant Ape Yacht Club are two special NFT projects that have seen significant trading volumes over the past seven days. Bored Ape Yacht Club (BAYC) is an NFT project that consists of 10,000 unique monkeys and today 6,067 unique addresses contain at least one BAYC.

At the time of writing, one Ethereum address contains approximately 105 BAYC NFTs. Statistics show that BAYC achieved a seven-day volume of $ 78.26 million at 434 merchants. While BAYC volume increased 150.97%, the number of merchants increased 101.86%, along with the 122.95% increase in BAYC sales.

Bored Ape, Mutant Ape Yacht Club NFT Sales Explode - Land Prices Soar More than 40%According to statistics from dappradar.com, MAYC and BAYC are the two top collections this week.

Currently, all-time metrics put BAYC’s overall market valuation at $ 2.73 billion. At the time of writing, the minimum price of a single BAYC is around $ 273,420 in Ether, but the average price today is $ 287,740 per BAYC.

While BAYC has seen a big boom, the NFT collection from sister project Mutant Ape Yacht Club (MAYC) is seeing the highest volume this week. MAYC’s volume is now $ 93.02 million, an increase of 93.41%. There were 2,234 MAYC dealers this week and the minimum price of a single MAYC is $ 59,180 per NFT, but MAYCs sell for an average of $ 54,270.

Mutant Apes are valued at $ 707 million – Bored Ape Kennel Club, Bored Ape Chemistry Club, Prime Ape Planet NFT Sales Spike

MAYC is an NFT collection of 20,000 mutant monkeys and the only way to create one is to tie a BAYC to the mutated serum or during the minting process of public sale. MAYCs rewarded BAYC owners with a mutated version that can be traded on the open market. To date there have been approximately 7,623 mutations.

Bored Ape, Mutant Ape Yacht Club NFT Sales Explode - Land Prices Soar More than 40%While the Bored Ape Yacht Club (BAYC) has a maximum supply of 10,000 monkeys, the Mutant Ape Yacht Club (MAYC) has a maximum supply of 20,000 monkeys.

With 21,956 MAYC lifetime sales, the project raised 184,791 ethers, or $ 707 million in total. Additionally, at the time of writing, there are 11,148 unique Ethereum wallets that contain at least one MAYC.

In the past seven days, the Bored Ape Yacht Club # 3562 sold five days ago for 430 ethers, or $ 1.64 million. That was the most expensive BAYC sale in the past week, while Eminem’s most recent BAYC purchase was the 30th most expensive BAYC sale this week.

On January 2, 2022, MAYC # 2209 sold for 26.69 ethers, or $ 102,000, and MAYC # 4627 for 26.26 ethers, or just over $ 100,000, on the same day. In addition to the rising sales of BAYC and MAYC, the Bored Ape Kennel Club, Bored Ape Chemistry Club and Prime Ape Planet PAP all have the largest NFT collection volume currently.

Tags in this story

$ 11 billion in sales, BAYC, Bored Ape Chemistry Club, Bored Ape Kennel Club, Bored Ape Yacht Club, Eminem, Eminem Bored Ape, ETH Sales, Ethereum, Ethereum (ETH), Land Prices, Markets, MAYC, Mutant Ape Yacht Club, mutant monkeys, NFT, NFT markets, NFT sales, NFT volumes, NFTs, non-fungible tokens, opensea, prices, serum, unique addresses

What do you think of the increase in BAYC and MAYC trading volume this week? Let us know what you think on this matter in the comments below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a Florida-based financial tech journalist. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for bitcoin, open source code and decentralized applications. As of September 2015, Redman has written more than 5,000 articles for Bitcoin.com News on the disruptive protocols emerging today.

Photo credit: Shutterstock, Pixabay, Wiki Commons, BAYC, MAYC, NFTs

Disclaimer of liability: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement for any product, service, or company. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author are directly or indirectly responsible for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on the content, goods or services mentioned in this article.

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