BAYC Make Headlines Again with Mutant Apes NFT Frenzy

BAYC continue to make headlines as the hype around NFTs surges further. This past weekend, the release of Mutant Bored Apes was all the rage. As the name suggests, Mutant Apes are mutations of the original Apes, and all Ape holders were airdropped one of three different serums which they could use to inject their Ape with and create a mutated version. The rarity of the mutated Ape varies according to the serum.

A number of interesting events took place in the past two days since the launch of the Mutant Apes, with the project raking in more than $96 million in one hour after the release. There was also a public sale where Mutant Apes were sold for 3 ETH (approx. $9,600), and the floor price quickly skyrocketed to the current 7.42 ETH ($23,700).

While many were lucky in this sale, the owner of Mutant Ape 5275 was extremely unfortunate and mistakenly accepted a bid for 17 USDC instead of 17 ETH. This spurred a debate amongst the NFT community on Twitter as to whether or not the company should add warning and confirmation signs when accepting a bid that is lower than the floor price.

Three-time NBA champion Stephen Curry also joined the cool kids club this past weekend, purchasing an Ape for $180,000. His Ape sports a tweed suit and zombie eyes, both of which are particularly rare traits with only 3% of apes having zombie eyes and 1% of apes wearing tweed suits.

Overall, it has been another exciting weekend for Bored Ape members, and BAYC is, at the time of writing, dominating the second spot in trading volume rankings on OpenSea (CryptoPunks being the first, and 0N1 Force coming in third).

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

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