Bored monkey sells for $ 2.3 million – are NFTs making up for a bullrun?

Bored monkey sells for $ 2.3 million – are NFTs making up for a bullrun?

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The non-favorable token market, once remembered for dominating headlines for pulling billions of investments, started with attracting crypto investors after experiencing a few years of decline. During the weekend, a non-fungal token investor acquired a bored monkey for more than +$ 2.3 million. This remarkable sale means that investors are still willing to invest in the NFT sector.

Bored Ape NFT sells for $ 2.3 million

Data compiled by CryptoslamA crypto-marketing aggregator for chains and non-fungal token Explorer that collects information from more than 20 blockchain networks shows that a crypto investor has purchased a bored Yacht Club #7.940 NFT NFT collection during the weekend. The bored APE #7940 NFT series was purchased on Friday, August 1 for $ 2,348.509. This NFT collection was sold the most expensive last week.

The Bored Ape Yacht Club was launched in 2021 and is a globally recognized non-fungal token series from the Digital Active Incubation Studio Yuga Labs, with a fixed range of 10,000 AAP NFTS hosted on the Ethereum Blockchain network. These NFTs, with cartoon apes with different properties and accessories, give NFT holders access to an exclusive online community and benefits such as exclusive events and derived NFT collections.

The bored Ape Yacht Club NFT collection gained significant fame in 2021 because of a combination of factors, including the wider NFT tree, the unique and idiosyncratic design of the monkeys, the feeling of exclusivity and community that they offered, and the high-profile notes that they received at the time. The recent sale shows that the NFT market shows signs of a rebound and finds its foot again after a period of deterioration.

NFTS hit +$ 140 million in weekly sales volume

Data analysis indicates that the NFT market has continued to bloom in recent days. In the past seven days, the NFT market has collected +$ 140 million in the trade volume. This remarkable sale was largely contributed to cryptop runs, with more than $ 18 million trade sales volume, Courtyard, with $ 11 million, and bored APE Yacht Club NFT collection, with +$ 5.8 million. Darket and Pudgy Penguins NFT collection covered in the trade sales volume last week.

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