After Eminem revealed that he purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for $452K, both BAYC and Mutant Ape Yacht Club (MAYC) NFT sales have skyrocketed. Metrics indicate that on Sunday, January 2, 2022, MAYC’s seven-day trade volume of $93.02 million is up 93.41% and BAYC’s weekly volume of $78.26 million is up 150.97%.
BAYC and MAYC Weekly Volumes Jump 93% to 150% Higher
Bored Ape Yacht Club and Mutant Ape Yacht Club, are two particular NFT projects that have seen significant trade volume during the last seven days. Bored Ape Yacht Club (BAYC) is an NFT project that consists of 10,000 unique apes and today, 6,067 unique addresses hold at least one BAYC.
At the time of writing, one ethereum address holds roughly 105 BAYC NFTs. Statistics show that BAYC has seen $78.26 million in seven-day volume among 434 traders. While the BAYC volume is up 150.97%, the number of traders is also up 101.86%, alongside the 122.95% increase in BAYC sales.
MAYC, and BAYC are the top two collections this week, according to dappradar.com stats.
Currently, all-time metrics indicate BAYC’s overall market valuation is $2.73 billion. At the time of writing, a single BAYC’s floor price is around $273,420 in ether but the average price today is $287,740 per BAYC.
While BAYC has seen a major boost, the sister project Mutant Ape Yacht Club (MAYC) NFT collection commands this week’s top volume. MAYC volume today is $93.02 million which is up 93.41%. There’s been 2,234 MAYC traders this week and an individual MAYC’s floor price is $59,180 per NFT, but MAYC’s are selling for $54,270 on average.
Mutant Apes Capture $707 Million in Volume — Bored Ape Kennel Club, Bored Ape Chemistry Club, Prime Ape Planet NFT Sales Spike
MAYC is an NFT collection of 20,000 mutant apes and the only way to create one is by tethering a BAYC to mutant serum or during the public sale’s mint process. MAYC’s rewarded BAYC holders with a mutant version that can be traded on the open market. To date, there’s been approximately 7,623 mutations.
While Bored Ape Yacht Club (BAYC) has a max supply of 10,000 apes, Mutant Ape Yacht Club (MAYC) has a max supply of 20,000 apes.
Across 21,956 in lifetime MAYC sales, the project has seen 184,791 ether or $707 million in all-time volume. Furthermore, at the time of writing, there’s 11,148 unique ethereum wallets that hold at least one MAYC.
During the last seven days, Bored Ape Yacht Club #3562 sold for 430 ether or $1.64 million five days ago. That was the most expensive BAYC sale this past week, while Eminem’s recent BAYC purchase was this week’s 30th most expensive BAYC sale.
On January 2, 2022, MAYC #2209 sold for 26.69 ether or $102K, MAYC #4627 sold for 26.26 ether or just over $100K the same day. In addition to BAYC and MAYC sales on the rise, Bored Ape Kennel Club, Bored Ape Chemistry Club, and Prime Ape Planet PAP all command today’s top NFT collection volume.
Tags in this story
$11 Billion in Sales, BAYC, Bored Ape Chemistry Club, Bored Ape Kennel Club, Bored Ape Yacht Club, Eminem, Eminem Bored Ape, ETH sales, Ethereum, Ethereum (ETH), Floor Prices, Markets, MAYC, Mutant Ape Yacht Club, mutant apes, nft, NFT Markets, NFT sales, NFT volumes, NFTs, Non-fungible Token, Opensea, Prices, Serum, Unique addresses
What do you think about BAYC and MAYC trade volume rising this week? Let us know what you think about this subject in the comments section below.
Jamie Redman
Image Credits: Shutterstock, Pixabay, Wiki Commons, BAYC, MAYC, NFTs
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
