{"id":60822,"date":"2022-04-30T13:48:13","date_gmt":"2022-04-30T10:48:13","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=60822"},"modified":"2025-09-05T05:34:54","modified_gmt":"2025-09-05T02:34:54","slug":"bayc-nft-floor-price-hits-record-high-above-430000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bayc-nft-floor-price-hits-record-high-above-430000\/","title":{"rendered":"BAYC NFT floor price hits record high above $430,000"},"content":{"rendered":"

Ahead of the launch of the Otherside metaverse, the floor price of non-fungible tokens (NFTs) from the Bored Ape Yacht Club (BAYC) collection rose to a new all-time high, above $430,000.<\/p>\n

\"BAYC
BAYC NFT floor price chart. Data: The Block Research<\/a>.<\/figcaption><\/figure>\n

According to CryptoSlam<\/a>, BAYC ranks third among NFT collections by trading volume, with a figure above $1.9 billion.<\/p>\n

The Otherside is planned<\/a> on May 1 at 04:00 (MSK\/Kyiv). The Yuga Labs team will release 55,000 Otherdeeds NFTs priced at 305 APE (about $7,100 at the rate at the time of writing).<\/p>\n

Earlier launched in March<\/a> ApeCoin (APE) reached a historic high at $26.7, according to CoinGecko<\/a>. As of writing the asset trades at around $23.3.<\/p>\n

According to Dune Analytics<\/a>, about 7,500 wallets hold from 305 APE to 610 APE, another 24,400 \u2014 more than 610 APE. The project team has introduced a limit on the number of tokens available for purchase \u2014 2 NFT per address.<\/p>\n

Initially Otherdeeds were planned to be distributed via a Dutch auction, but they abandoned this method due to its inefficiency.<\/p>\n

In March, Yuga Labs released a video announcing Otherside<\/a>, in which characters from BAYC and MAYC, as well as CryptoPunks and Meebits, appeared. The rights to the latter, the project team bought back<\/a> a few days before the metaverse\u2019s announcement<\/a>.<\/p>\n

In the same month, Yuga Labs raised $450 million<\/a> in a funding round valuing the company at $4 billion. The financing was directed, among other things, at creating Otherside.<\/p>\n

In April, Coinbase announced a casting of BAYC NFT<\/a> to be used in the forthcoming three-part film The Degen Trilogy. The first episode will be shown at the end of June.<\/p>\n

Read ForkLog’s Bitcoin news in our Telegram<\/a> \u2014 crypto news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ahead of the launch of the Otherside metaverse, the floor price of non-fungible tokens (NFTs) from the Bored Ape Yacht Club (BAYC) collection rose to a new all-time high, above $430,000.<\/p>\n","protected":false},"author":1,"featured_media":60823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1356,1213],"class_list":["post-60822","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":"43","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/60822","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=60822"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/60822\/revisions"}],"predecessor-version":[{"id":60824,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/60822\/revisions\/60824"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/60823"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=60822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=60822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=60822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}