{"id":11938,"date":"2024-03-25T12:53:54","date_gmt":"2024-03-25T10:53:54","guid":{"rendered":"https:\/\/forklog.com\/en\/kevin-harts-bayc-nft-sells-at-a-76-discount\/"},"modified":"2024-03-25T12:53:54","modified_gmt":"2024-03-25T10:53:54","slug":"kevin-harts-bayc-nft-sells-at-a-76-discount","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/kevin-harts-bayc-nft-sells-at-a-76-discount\/","title":{"rendered":"Kevin Hart’s BAYC NFT Sells at a 76% Discount"},"content":{"rendered":"

The non-fungible token #9258 from the Bored Ape Yacht Club (BAYC) collection, once owned by American comedian Kevin Hart, was sold for 13.65 ETH<\/a> (~$47,000).<\/p>\n

\"Kevin
Source: Blur.<\/figcaption><\/figure>\n

According to on-chain data<\/a>, Hart purchased this NFT in January 2022 for 79.5 ETH ($200,000 at the time of the transaction). The token has depreciated by approximately 76%.<\/p>\n

The comedian acquired the asset through MoonPay, a service that collaborates with celebrities to facilitate NFT purchases. Other celebrities involved include singer Madonna, Justin Bieber, and TV host Jimmy Fallon.<\/p>\n

In December, Scott+Scott filed a lawsuit on behalf of BAYC and ApeCoin (APE) holders against Yuga Labs and MoonPay for undisclosed collaborations with celebrities.<\/p>\n

According to DappRadar<\/a>, the BAYC collection ranks first in trading volume over the past 30 days, with a figure of $123 million. However, the floor price for a token has dropped by 18% over the month, down to $46,600.<\/p>\n

\"Kevin
BAYC collection trading dynamics. Source: DappRadar.<\/figcaption><\/figure>\n

In February 2024, a rare BAYC NFT #1726 was sold<\/a> for 275 ETH (about $688,000 at the time of the transaction). It belonged to an NFT whale known as franklinisbored, one of the main holders of the collection.<\/p>\n

In August 2023, NFT BAYC #8585 was acquired for a record low of 153 ETH (around $254,000). The asset lost 80% of its value over 11 months.<\/p>\n

In July, BAYC #3953 was sold for 200 ETH (~$372,000 at the time of the transaction), significantly lower than peak levels.<\/p>\n","protected":false},"excerpt":{"rendered":"

The non-fungible token #9258 from the Bored Ape Yacht Club (BAYC) collection, once owned by American comedian Kevin Hart, was sold for 13.65 ETH (~$47,000). Source: Blur. According to on-chain data, Hart purchased this NFT in January 2022 for 79.5 ETH ($200,000 at the time of the transaction). The token has depreciated by approximately 76%. […]<\/p>\n","protected":false},"author":1,"featured_media":11937,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1356,1213],"class_list":["post-11938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bored-ape-yacht-club","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"42","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=11938"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11938\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/11937"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=11938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=11938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=11938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}