How long did bayc sell out?

The collection sold out in less than 12 hours, and it wasn’t long before apes were appearing on secondary markets like OpenSea and Rarible and selling for much more than the mint price. In fact, just six months after the release of the NFT collection, BAYC became 3 rd in all-time sale volume on OpenSea with over $450 million in sales.

How much is bored ape Yacht Club (bayc) worth?

Bored Ape Yacht Club (BAYC) price floor today is $97,919, with a 24 hour sales volume of 911.508 ETH. As of today, there is a total of 9,998 NFTs minted, held by 5,592 unique owners, and has a total market cap of $978,996,672. The Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFT unique digital collectibles created by Yuga Labs.

How much is a bayc NFT worth?

This indicates that each BAYC NFT was worth roughly around $300,000. However, the same had declined and, at the time of writing, stood at 90 ETH. Regardless, others have taken advantage of the market frenzy by releasing similarly named tokens, such as APECoin.dev.

How are price floors established?

The price floors are established through minimum wage laws, which set a lower limit for wages. For example, the UK Government set the price floor in the labor market for workers above the age of 25 at £7.83 per hour and for workers between the ages of 21 and 24 at £7.38 per hour.