BAYC NFT Sells Gold Fur Ape for Almost $1 Million in Spite of Crypto Winter

At press time, this equals $959,760, which is the most expensive acquisition of a Bored Ape NFT in quite some time. It even topped the Brotherly Gold Fur Ape #5853 that was sold for 777 Ethereum (ETH) a few months ago.

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The crypto winter surely took its toll on the Bored Apes, to say the least. Yuga Labs, the company that created the digital primate NFT collection, is facing trouble with the SEC over unregistered offerings. On top of that, the Anonymous Hacker Group allegedly isn’t happy with Bored Apes’ moral conduct and has sent out a grim warning message to them.

However, the Bored Apes have a lot going on for them, as the first-ever metaverse band compiled from Bored Ape NFT avatars is set to drop their first album.

The Bored Apes band, KINGSHIP, is the latest entry into the music industry by BAYC. Previously, proud Bored Ape NFT owners Snoop Dogg and Eminem dropped a BAYC themed video. In addition, Snoop is planning to open a Bored Ape-themed sweet shop in Los Angeles, California.

Ultimately, Bored Apes NFT is seeing more mainstream recognition than ever, even amidst extreme crypto market conditions. The community behind the digital primates seems to be strong, while NFT enthusiasts took the opportunity to join the BAYC for a fraction of the price.

Finally, with rapidly growing adoption in the physical world, it’s no surprise that Bored Ape #4081 is going to be featured at the Art Basel International Art Fair.

Yuga Labs is a heavyweight Web3 company that’s valued at $4 billion. The rapid adoption of Bored Apes NFT in the entertainment industry has heavily contributed to the rise of the crypto industry in 2021.

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Source: Cryptocurrency -

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