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31.12 - 04:29
Bored Ape Yacht Club NFTs catch up to CryptoPunks, flips floor price
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The price of the cheapest Bored Ape NFT for sale is now 53.9 Ether (ETH), or $215,067, while the minimum asking price for a CryptoPunk is 52.69 ETH, which is currently worth $210,239, according to OpenSea.
All month long there has been speculation about the possibility of Bored Ape flipping CryptoPunks in terms of NFT floor price. Earlier this week, Cointelegraph did a deep dive into the potential factors that could affect the value of one collection over the other. Whether owners had a preference for intellectual property rights or over certain partnerships and collaborations, the driving force behind any NFT project, “blue chip” or not, is its community.
It is important to keep in mind a few notable differences between the two collections.
Read more on cointelegraph.comAbout this in other media
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