Crypto Mufasa
Advertise
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
  • Login
  • Register
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
Crypto Mufasa
No Result
View All Result

Home » Highest-Ever Returns on Holding & Minting Bored Ape NFTs

Highest-Ever Returns on Holding & Minting Bored Ape NFTs

Hania by Hania
May 6, 2022
in General News
Reading Time: 3 mins read
A A
0
PFP NFTs: What Are They?
Share on FacebookShare on Twitter
ADVERTISEMENT

Table Of Content:

Toggle
  • Founders of the Bored Ape NFT
  • Fortune to the BAYC holders

The Bored Ape Yacht Club (BAYC) is a trending collection of 10,000 Bored Ape NFTs [non-fungible tokens] minted on the Ethereum[erc20] blockchain back in April 2021.

Each of the 10,000 NFTs has different traits and unique characteristics, and presently they are among some of the top-ranked in the NFT marketplaces. Each BAYC NFT gives its holders additional rights to airdrops.

Privileges like access to actual life events and performers; even allow them to monetize their Bored Ape NFT holdings through a copyright license or build their brand around their held NFTs and the privilege of being a member of a swamp club and a bathroom [virtual hangout places].

Founders of the Bored Ape NFT

The BAYC NFTs were created by Yuga Labs LLC, a pioneer in the NFT world. 

You May AlsoLike

Polymarket Bets

March 2025 Polymarket Bets Boom for Bitcoin, XRP, ETH, AI, and DOGE – The Future of Cryptocurrency Trading!

March 1, 2025
Ethereum’s Pectra Upgrade

3 Essential Insights from Recent Developer Call on Ethereum’s Pectra Upgrade

March 1, 2025

The people behind it are Greg Solano, Wylic Aronov, No Sass, and Emperor Tomato Ketchup; 4 friends who designed and created the Bored Ape intending to “make some dope apes, test their minting skills, and try to create something funny.” 

They cited the term ‘aping in’ and their liking for apes as the reason for choosing an ape as their NFT’s mascot. ‘Aping in’ is a crypto trading phrase that means to buy a currency or NFT, risking a significant sum of money that might have to be abandoned. 

Besides turning the Bored Apes into amongst the top NFTs and the most popular Avatars in the crypto enthusiasts’ and celebrities’ social media profiles, the BAYC creators also hold the credit of acquiring the Crypto Punks and MeeBits NFTs. The creation of the Mutant Ape Yacht Club [MAYC] NFTs, the Bored Ape Kennel Club [BAKC] NFTs, and the release of the ApeCoin [APE].

Fortune to the BAYC holders :

Highest Returns on Bored Ape NFTs
Highest Returns on Bored Ape NFTs

The MAYC NFT, the BAKC NFT, and the ApeCoin.The initial $70 – $ 90 floor priced BAYC NFT has brought in more than 145000% returns update to its holders since the start. Currently, a BAYC NFT floor price is around $366,980.

BAYC NFT holders got airdropped with Mutant Ape Yacht Club (MAYC) NFTs, which are minted by giving any of the three possible serum variations to the Bored Ape NFT, resulting in the creation of a new NFT, a mutant version of the Bored Apes.

Mutant Ape Yacht Club (MAYC) NFTs have a floor price of 23.99 Ethereum [$84,670], and 18,338 MAYC NFTs have been minted. 

Bored Ape #8585:

It is officially the most expensive non-fungible token (NFT) in the Yacht Club collection. The trippy ape, with a king’s crown, heart sunglasses, and a psychedelic body.

Bored Ape NFT: the most expensive in Yacht Club collection
Bored Ape NFT: the most expensive in the Yacht Club collection

They were given another additional NFT from the Yuga Labs, the Bored Ape Kennel Club (BAKC) NFTs, a collection of Shiba Inu breed dogs’ art pieces with a floor price of 7.25 Ethereum [$25,628] as of now. 

BAYC NFT holders can mint them by paying for the gas fees only. There are 9,602 BAKC NFTs that have been minted. 

Airdrop of the Ape Coin:

The holders of the BAYC, MAYC, and BAKC NFTs were airdropped with a different number of coins when the Ape coin was launched on March 17th. 

The ape coin is the cryptocurrency behind the Ape Foundation and the Ape ecosystem. It is listed in almost all of the biggest and most famous crypto exchanges, such as Coinbase and Binance, and it was listed soon after its launch. APE is currently trading at around $ 10.84 from the recent high of $16.

Bored Ape NFT holders have airdropped 10,094 Ape coins for each BAYC NFT,  2,042 Ape coins for each MAYC NFT, and 2,898 ApeCoins for holding pairs of MAYC and BAKC. 

Conclusion:

Combining the value of the BAYC, MAYC, BAKC NFTs, and the Ape Coin, we see that the returns are enormous. And these collectibles will gain more in value with time. As the Ape Community has stepped into the Metaverse and Web3, many brands, games, merch, and songs have been created circling the Bored Ape. 

A recent tweet about a hacking attack on the Bored Ape Yacht Club Discord emphasizes more the value and the popularity of its NFTs.

Tags: crypto newsNFTNFT News
Share76Tweet47
ADVERTISEMENT
Previous Post

ApeCoin (APE): The Bored Ape Yacht Club Token.

Next Post

Terra [LUNA] purchased 4,130 BTC to support UST.

Hania

Hania

Hania is a 30-year-old blogger who used to be a teacher before entering the world of writing. She is originally from India and has been writing blogs on various topics for 2 years now. Hania is particularly interested in exploring the intersections of finance, technology, and cryptocurrency. Her experience as a teacher has given her unique insights into the ways in which digital media can be used to facilitate learning and engagement. Through her writing, Hania hopes to share her knowledge and learning of crypto industry with everyone.

Related Posts

Polymarket Bets
General News

March 2025 Polymarket Bets Boom for Bitcoin, XRP, ETH, AI, and DOGE – The Future of Cryptocurrency Trading!

March 1, 2025
Ethereum’s Pectra Upgrade
General News

3 Essential Insights from Recent Developer Call on Ethereum’s Pectra Upgrade

March 1, 2025
Cramer Suggests Saylor Should Plan for a Strategic Bitcoin Reserve
General News

Cramer Suggests Saylor Should Plan for a Strategic Bitcoin Reserve

February 28, 2025
MetaMask Ethereum Wallet Expands Support for Both Bitcoin and Solana
Crypto Wallets

MetaMask Ethereum Wallet Expands Support for Both Bitcoin and Solana

February 28, 2025
Bitcoin Bull Run Could Continue, says CryptoQuant CEO - Unless This Critical Threshold Is Breached
General News

Bitcoin Bull Run Could Continue, says CryptoQuant CEO – Unless This Critical Threshold Is Breached

February 28, 2025
Solana Futures Launch at CME Boosts Price Amid High Demand
General News

Solana Futures Launch at CME Boosts Price Amid High Demand

February 28, 2025
Next Post
Terra [LUNA] purchased 4,130 BTC to support UST, their stablecoin.

Terra [LUNA] purchased 4,130 BTC to support UST.

Discussion about this post

Live Prices

You have not selected any currency to display

Stay Connected

You May Also Like

  • Bitcoin Halving Update: Bitwise CEO's $100k Price Projection Sparks Excitement

    Why the Bitcoin Halving Is Happening Sooner Than Anticipated

    239 shares
    Share 96 Tweet 60
  • MetaMask Ethereum Wallet Expands Support for Both Bitcoin and Solana

    197 shares
    Share 79 Tweet 49
  • March 2025 Polymarket Bets Boom for Bitcoin, XRP, ETH, AI, and DOGE – The Future of Cryptocurrency Trading!

    196 shares
    Share 78 Tweet 49
  • OKB Price Prediction 2023 – 2030: Will OKB reach $200?

    201 shares
    Share 80 Tweet 50
  • November’s Bitcoin Price Forecast: A Bullish Odyssey

    196 shares
    Share 78 Tweet 49
  • About Us
  • Contact Us
  • Work With Us
  • Privacy Policy
  • Terms Of Service

© 2022-2024 CryptoMufasa - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms Of Services and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • General News
  • Beginner Guides
  • Bitcoin News
  • Ethereum News
  • Altcoin News
  • NFT News
  • Price Predictions
  • Google News

© 2022-2024 CryptoMufasa - All Rights Reserved!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Don’t Miss Out on the Best in Crypto!

Stay ahead with a weekly digest of the top news and insights—no spam, no ads, just the essential updates delivered straight to your inbox. Subscribe now for valuable content you can trust!

johnsmith@example.com
subscribe to email

Never see this message again.