Sunday, May 29, 2022
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditons
cryptoinfostore
  • TadpoleTadpole(TAD)$7.32-1.74%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184213-2.11%
  • SakeTokenSakeToken(SAKE)$0.0127135.28%
  • WTF TokenWTF Token(WTF)$0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%
  • RelevantRelevant(REL)$0.780.38%
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Litecoin
    • Altcoin
    • Stablecoin
    • Press Release
  • Editor picks
  • Business
  • Blockchain
  • Market Analysis
  • Live Price
  • ICO News
  • Trading
  • Regulation
  • Guide
No Result
View All Result
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Litecoin
    • Altcoin
    • Stablecoin
    • Press Release
  • Editor picks
  • Business
  • Blockchain
  • Market Analysis
  • Live Price
  • ICO News
  • Trading
  • Regulation
  • Guide
No Result
View All Result
cryptoinfostore
No Result
View All Result
Home Trading

Bored Ape Yacht Club (BAYC) Flips CryptoPunks Floor Price, But Only Briefly

ADMIN by ADMIN
December 23, 2021
in Trading
0
Bored Ape Yacht Club (BAYC) Flips CryptoPunks Floor Price, But Only Briefly
2
SHARES
15
VIEWS
Share on FacebookShare on TwitterShare on RedditShare on Whatsapp


Trading & Investing

Bored Ape Yacht Club (BAYC) Flips CryptoPunks Floor Price, But Only Briefly

  • AnTy
  • December 23, 2021

For the first time, the floor price of Bored Ape Yacht Club (BAYC) NFTs has flipped that of CryptoPunks.

The flippining happened on Wednesday when the lowest price at which BAYC was available for sale went to 53.9 ETH, while the floor price of a CryptoPunk NFT was 52.69 ETH.

Today, however, the lowest price punk is available for is 53 ETH, while a BAYC’s floor price has gone down to 52.2 ETH.

Both BAYC and CryptoPunks NFTs have a fixed collection of 10,000 unique digital collectibles on the Ethereum blockchain. However, CryptoPunks are the OG NFTs launched in 2017, while BAYC came into the market only this April.

When it comes to the expensiveness, the highest a BAYC has been sold was a gold fur ape BAYC #8817 for $3.4 million, while an Alien CryptoPunk #7523 was sold for a record $11.8 million. Both were sold at a Sotheby’s auction.

Interestingly, while the floor price of CryptoPunks has been on a constant decline, BAYC NFTs have been seeing a steady increase in their value.

Being bullish punks vs apes kind of like DeFi vs dog coins. Expecting mainstream to buy things already pumped by crypto natives just because OGs did instead of more culturally relevant brands/narratives

Congrats @BoredApeYC pic.twitter.com/r8fsWyxb7g

— Andrew Kang (@Rewkang) December 22, 2021

Unlike CryptoPunk NFT owners, however, who do not get the right to use their NFTs for commercial purposes, BAYC NFT creator Yuga Labs allows its holders the IP rights. Some of the BAYC holders are now using their rights to create a blockchain-based ​​game with the Hong Kong-based software firm Animoca Brands.

Larva Labs, the company behind CryptoPunks, has also signed a deal with Hollywood agency UTA to use the image of punks in mainstream media.

Meanwhile, the BAYC team is also planning to release its native token next year, further helping it gain traction.

Back in October, the BAYC team took to Twitter to share that while it is “stupid easy” to launch a token, and in mere minutes, what is more, complicated is to “construct a legally compliant token and set it up in a responsible, sustainable way.”

The team also cited other concerns like utility, governance, owner benefits, and audience reach that makes the token launch tricky and needs to be addressed, for which they are working with a legal team.

AnTy

AnTy has been involved in the crypto space full-time for over two years now. Before her blockchain beginnings, she worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.





Source link

Related articles

Axie Infinity Daily Revenue Plunges Over 94% from Peak as Daily Active Addresses Drops by 72%

Axie Infinity Daily Revenue Plunges Over 94% from Peak as Daily Active Addresses Drops by 72%

December 28, 2021
UNI and MATIC Pump after Uniswap V3 Deployed on the Ethereum Scaling Solution Polygon

UNI and MATIC Pump after Uniswap V3 Deployed on the Ethereum Scaling Solution Polygon

December 23, 2021
Share1Tweet1ShareSend
Previous Post

Brian Kelly on Bitcoin and Nasdaq correlation: Its a lockstep

Next Post

Polygon (MATIC) hits all-time highs in intraday trading today - should you buy?

Related Posts

Axie Infinity Daily Revenue Plunges Over 94% from Peak as Daily Active Addresses Drops by 72%

Axie Infinity Daily Revenue Plunges Over 94% from Peak as Daily Active Addresses Drops by 72%

by ADMIN
December 28, 2021
0

Amidst this, another P2E game DeFi Kingdoms (JEWEL), has captured the interest of users, which is not listed on...

UNI and MATIC Pump after Uniswap V3 Deployed on the Ethereum Scaling Solution Polygon

UNI and MATIC Pump after Uniswap V3 Deployed on the Ethereum Scaling Solution Polygon

by ADMIN
December 23, 2021
0

Trading & InvestingUNI and MATIC Pump after Uniswap V3 Deployed on the Ethereum Scaling Solution Polygon AnTyDecember 23, 2021In...

VCs Pour in $30 Billion, A 4x of 2018's High, Into The Crypto Market in 2021

VCs Pour in $30 Billion, A 4x of 2018’s High, Into The Crypto Market in 2021

by ADMIN
December 20, 2021
0

Trading & InvestingVCs Pour In $30 Billion, A 4x of 2018’s High, Into The Cryptocurrency Market In 2021 AnTyDecember...

Crypto Outliers: LUNA Amasses $16.9B & Surpass BSC, AVAX Aims for 1M Daily Transactions

Crypto Outliers: LUNA Amasses $16.9B & Surpass BSC, AVAX Aims for 1M Daily Transactions

by ADMIN
December 20, 2021
0

Trading & InvestingCrypto Outliers: Terra (LUNA) Amasses $16.9 Bln & Surpass BSC, Avalanche (AVAX) Aims for 1 Million Daily...

SBI Holdings to Launch Japan’s First Crypto Fund; Including BTC, ETH, DOT, LINK, XRP & BCH

SBI Holdings to Launch Japan’s First Crypto Fund; Including BTC, ETH, DOT, LINK, XRP & BCH

by ADMIN
December 18, 2021
0

Trading & InvestingSBI Holdings to Launch Japan’s First Crypto Fund; Including BTC, ETH, DOT, LINK, LTC, XRP & BCH...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions .

  • Trending
  • Comments
  • Latest
Tech Mahindra Partners With Blockchain Firm For Vaccine Tracing

Tech Mahindra Partners With Blockchain Firm For Vaccine Tracing

July 5, 2021
Ethiopian famine victims fundraise with NFTs | CoinJournal

Ethiopian famine victims fundraise with NFTs | CoinJournal

July 14, 2021
MAS and BdF test cross-border CBDC network | CoinJournal

MAS and BdF test cross-border CBDC network | CoinJournal

July 9, 2021
Taiwan to track Covid-19 vaccination using blockchain

Taiwan to track Covid-19 vaccination using blockchain

June 24, 2021
Amazon Explores Crypto, payments, blockchain

Amazon Explores Crypto Payments, Works On Blockchain Roadmap

July 24, 2021
Essential Financial Planning Tips For College Students

Essential Financial Planning Tips For College Students | Cryptocurrency News | Bitcoin News | Cryptonews | DC Forecasts.com

12
Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users – Metaverse Bitcoin News

Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users – Metaverse Bitcoin News

0
Cannabis Industry Going Crypto | CryptoPost

Cannabis Industry Going Crypto | CryptoPost

0
Why South Korea Decided To Ban ICOs?

Why South Korea Decided To Ban ICOs?

0
The Founder Of Wikipedia Treats ICOs As Scams

The Founder Of Wikipedia Treats ICOs As Scams

0
Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users – Metaverse Bitcoin News

Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users – Metaverse Bitcoin News

May 29, 2022
Bank of Russia Steps Up Efforts to Issue Digital Ruble Due to Sanctions

Bank of Russia Steps Up Efforts to Issue Digital Ruble Due to Sanctions – Finance Bitcoin News

May 29, 2022
ni no kuni

Sequel to Iconic RPG Ni No Kuni to Feature NFT Integration and Play-to-Earn Mechanics – News Bitcoin News

May 29, 2022
India's Central Bank RBI to Adopt a 'Graded Approach' to Launching Digital Currency

India’s Central Bank RBI to Adopt a ‘Graded Approach’ to Digital Currency Launch – Regulation Bitcoin News

May 29, 2022
Elon Musk Says We're Approaching a Recession But It's 'Actually a Good Thing'

We’re Approaching a Recession but It’s ‘Actually a Good Thing’ – Economics Bitcoin News

May 29, 2022

Don't Miss

VanEck BTC Futures ETF Ends Its First Day With $9.6M AUM

VanEck BTC Futures ETF Ends Its First Day With $9.6M AUM

November 17, 2021
XRP is up by more than 5% today

XRP is up by more than 5% today

April 15, 2022
German carmaker Audi to debut NFTs | CoinJournal

German carmaker Audi to debut NFTs | CoinJournal

August 9, 2021
ninja syndicate

Ninja Syndicate partners with cryptocurrency expert Mati Greenspan | NewsBTC

February 4, 2022
cryptoinfostore

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics, and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency.

Categories

  • Altcoin (1,262)
  • Bitcoin (5,454)
  • Blockchain (253)
  • Business (344)
  • Editor picks (10)
  • Ethereum (4,195)
  • Guide (99)
  • ICO News (17)
  • Litecoin (43)
  • Market Analysis (2,400)
  • Press Release (53)
  • Regulation (435)
  • Ripple (249)
  • Stablecoin (183)
  • Trading (218)

Recent Posts

Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users – Metaverse Bitcoin News

Bank of Russia Steps Up Efforts to Issue Digital Ruble Due to Sanctions – Finance Bitcoin News

Sequel to Iconic RPG Ni No Kuni to Feature NFT Integration and Play-to-Earn Mechanics – News Bitcoin News

India’s Central Bank RBI to Adopt a ‘Graded Approach’ to Digital Currency Launch – Regulation Bitcoin News

Newsletter

    • About Us
    • Contact Us
    • Privacy Policy
    • Terms & Conditons

    cryptoinfostore.com © 2021 All rights reserved.

    No Result
    View All Result
    • Crypto News
      • Bitcoin
      • Ethereum
      • Ripple
      • Litecoin
      • Altcoin
      • Stablecoin
      • Press Release
    • Editor picks
    • Business
    • Blockchain
    • Market Analysis
    • Live Price
    • ICO News
    • Trading
    • Regulation
    • Guide

    cryptoinfostore.com © 2021 All rights reserved.

    • TadpoleTadpole(TAD)$7.32-1.74%
    • SEENSEEN(SEEN)$2.05-2.27%
    • EvedoEvedo(EVED)$0.082301-0.80%
    • MarginswapMarginswap(MFI)$0.184213-2.11%
    • SakeTokenSakeToken(SAKE)$0.0127135.28%
    • WTF TokenWTF Token(WTF)$0.0113500.17%
    • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
    • RobotinaRobotina(ROX)$0.00266138.50%
    • CageCage(C4G3)$0.005010-3.67%
    • RelevantRelevant(REL)$0.780.38%
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.