Mutant Ape Yacht Club And BAYC Sales Surge, Floor Prices Spike More Than 40%

Since Eminem revealed that he bought a Bored Ape Yacht Club, (BAYC), non-fungible token NFT (NFT), for $452K, both Mutant Ape Yacht Club and BAYC have seen their sales rise.

Time for Mutant Apes Eat

Mutant Ape Yacht Club was able to surpass other NFTs last week with an impressive increase in its sales volume. Bored Ape Yacht Club started the project. Two serum sales totaling more than $3.5million each helped Bored Ape Chemical Club make it to the top 10.

The Mutant Ape Yacht Club’s floor price continues to rise, so additional serum sales might keep NFT in the limelight. MAYC’s seven-day trade volume of $93.02 million was up 93.41 percent on Sunday, January 2, 2022, according to metrics, while BAYC’s weekly volume of $78.26 million was up 150.97 percent.

According to statistics, BAYC saw $78.26 Million in seven-day volume at 434 dealers. BAYC volume has increased 150.97%, while the number and quality of dealers have increased 101.86%, despite BAYC’s sales increasing by 122.95%.

The trading volume for the MAYC project increased by nearly 500% in the past week. Over 12.3 Ethereum (roughly $50,250) has been the average price for a Mutant Ape NFT sale. This is an increase of around $8ETH (more than $32,000) since December 21. The project’s price floor—or the cost of the cheapest-available NFT—has grown by about 40% in the last seven days, reaching 9.9 ETH as of this writing.

Mutant Ape yacht club, an Ethereum NFT project has a total avatar count of over 20,000.

Mutant Ape ETH

Despite rise in NFT sales, ETH/USD price plunges. TradingView

See also:| Eminem Buys Bored Ape Yacht Club NFT That Looks Like Him For $452K

Yuga Labs and Their Mutant Apes Products

Yuga Labs sold 10,000 Mutant Ape Yacht Club (NFT)s in August. The NFTs produced $96 million in Ethereum in under an hour. Developers also offered each 10,000 Bored Ape Yacht Club NFT owners a free Mutant Serum NFT. They allowed them to make a Mutant Ape NFT image, which looked different from the original.

BAYC’s overall market value is currently $2.73 billion, according to all-time metrics. At the time of writing the floor price for a BAYC in ETH was $273,420. However, the current average BAYC price is $287 7,740.

BAYC saw a substantial increase in volume, but the Mutant Ape Yacht Club’s (MAYC), NFT collection had the highest volume. Today’s MAYC volume is $93.02 million, up 93.41 percent. This week, there were 2,234 MAYC dealers, and while an individual MAYC’s floor price is $59,180 per NFT, MAYCs are selling on average for $54,270.

DappRadar reports that the NFT market is expected to explode in 2021 with nearly $10.7 billion of trade activity in Q3 as well as an estimated $22 trillion year-to date.

See also:|Only in crypto: A Croissant explains Web3 and NFTs to Musk

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