Bored Ape Yacht Club NFT Trade Volume Up 176% in 24hrs as Total Market Cap hits $996M

NFT

Quick take:

  • The 24-hour trade volume of Bored Ape Yacht Club NFTs has risen by 176% in the last 24 hours
  • The total market capitalization has hit $996 million at the time of writing
  • The floor price of Bored Ape Yacht Club NFTs has hit 109.5 Ethereum
  • The popularity of Bored Ape Yacht Club continues to grow, as demonstrated by Coinbase planning to create a film trilogy on the NFTs
  • Episode one of ‘The Degen Trilogy’ will be released in June of this year

Bored Ape Yacht Club NFTs continue to reach new heights in trade volume, total market capitalization, and floor price.

According to the team at WuBlockchain, the 24-hour trade volume of the Bored Ape Yacht Club series of NFTs has risen by 176%. Furthermore, 6,419 addresses now hold Bored Ape Yacht Club NFTs. Additionally, the total market value of the BAYC NFTs has hit $996 million, with the floor price stable at 109.5 Ethereum.

The popularity of Bored Ape Yacht Club NFTs is at its Peak. Coinbase to Make a 3 part Film

The popularity of the BAYC series of NFTs is at its peak, with Coinbase recently announcing that it would be creating an interactive three-part film featuring Bored Ape Yacht Club NFTs, Apecoin, and their respective communities.

Coinbase has called upon members of both communities to submit their NFTs and potential character plotlines for an opportunity to be cast in the three-part adventure aptly named ‘The Degen Trilogy’. However, to submit their characters and NFTs for consideration, one must have a Coinbase wallet account to access the project’s website.

The above requirement is part of Coinbase’s efforts to showcase its products and promote its new NFT marketplace. The first episode of ‘The Degen Trilogy’ is scheduled for release in June 2022 at NFT.NYC.

To note is that the creator of BAYC, Yuga Labs, is not directly involved in the film trilogy project. However, the official Twitter handle of the Bored Ape Yacht Club has promoted the project to its social media followers.

[Feature image courtesy of BoredApeYachtClub.com]

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