Bored Ape Yacht Club (BAYC) NFTs are on the verge of becoming a cult also known as NFT Monkey.
Jokes apart, this is one of the most popular NFT communities. And with the recent growth of the field, this is a really big thing.
Often also known as Bored APE, these NFTs are unmatched when it comes to popularity. Not to mention, they are super expensive.
Backed by Yuga Labs, Web 3.0 startup, there are over 10,000 different Apes with their own unique properties.
There is much more to NFT monkeys like punk apes with different attitudes, clothing, and so on.
But the most attractive thing is bored monkey NFT price.
With the rising popularity of NFTs in general, bored apes go for anywhere around 2090 ETH, or $3,408,000. When compared to other NFTs, this is very high.
Moreover, the value, as well as the price of NFT Monkey, is expected to rise in the coming times. After all, the higher the price bidders are willing to pay, the more expensive Apes are going to be.
What are NFT Monkeys or Bored Apes?
This is what a Bored Ape looks like:
But this is just one of the 10,000 original drawings. And each one of them is unique in its own way.
Meaning, a Bored Ape can look like this
Or it can look like this
Each of the NFT bored apes has a unique background, expression, glasses – no glasses, colors, skins, headgear, eye colors, smile, etc.
The best part is, all of it can be used to create a unique Bored Ape. With all the different attributes, you can make 10,000 possible NFTs.
Once generated, these unique avatars of Bored Apes or not-so-bored apes, depending on the picture, can be sold, bought, or even exchanged in the form of NFTs.
With the recent trend of Crypto & NFTs, the price of NFT monkey is rocketing.
This has made many artists millionaires and many billionaires, bored ape fans.
How does It Work?
In any case, let’s look at some of the most popular or shall we say the most expensive ones.
So, how does NFT monkeys works exactly?
Well, based on the NFT technology (which falls into blockchain development field), it can be a little difficult to grasp. But bear with us.
When someone creates an NFT Monkey, they upload a digital file, such as an image or video, to a blockchain platform, such as Ethereum.
This creates a decentralized record of ownership that is verifiable and immutable. The person who creates the NFT Monkey can then sell it, trade it, or hold onto it as a collectible.
When someone buys an NFT Monkey, they are purchasing the ownership rights to that specific digital asset. This means they can display it, sell it, or even lend it out to others. The value of NFT Monkeys can vary greatly depending on factors such as rarity, popularity, and demand.
Overall, NFT Monkey works by creating a unique and verifiable digital asset that can be bought, sold, and traded using blockchain technology.
6 Most Expensive NFT Monkeys sold to date.
Bored Apes became popular recently.
But the concept has been around for some time and over this time these NFTs have been bought, and sold, from few thousand dollars to a few million.
Here, we shall be looking at the 6 most expensive bored APE NFTs ever sold.
( HEY: it’s a reverse count-DOWN )
6) Bored Ape Yacht Club #7090 | $2,272,620
Number 6 is #7090, a five-trait ape.
With a rarity score of 250.33, this is one of the rarest bored apes ranking at #77 on Rarity Tools’ list of rare items.
What makes it unique is the GOLD FUR which is only seen on only 46 of the 10,000 apes.
In addition to the attractive fur, the ape has service attire, rainbow teeth, and eye-shaped sunglasses. How can you not mention that background?
While each attribute might not be the most special or unique alone, a combination of them is what gives this ape, it’s ranking.
The ape was going for 199 ETH in august 2021. And just a few months later, in September 2021 “icanfly3” bought it for 600 ETH ($2.27 million).
This means an ROI of 300% per month. And with the rise of NFT monkeys on NFT marketplaces like OpenSea, the price is expected to rise much higher.
5) Bored Ape Yacht Club #2087 | $2,307,638
With a rarity score of 312.34, #2087 is the second rarest Bored Ape NFT
In June 2012, this unique monkey was sold for 42 ETH ($99,443). But fast forward to September of the same year, the rainbow-colored ape sold for 769 ETH or $2.31 million.
After this, it was sold on OpenSea NFT Marketplace by IPCollector. Later in October 2021, it was sold to an unknown buyer.
Speaking of which, what makes this bored ape stand out from the rest is rainbow-colored hallucinogenic fur, furious eyes, a purple background, and of course that cigarette.
Being one of the 77 monke with a unique skin color, this one has attracted many investors. But the next one is even better.
4) Bored Ape Yacht Club #8585 | $2,702,462
Much like 2087, #8585 too has that unique skin.
But when it comes to rarity score or rank, this one doesn’t perform all that well. Despite this, 8585 does have a unique appeal and aesthetic look.
That’s why it was sold for 697 ETH or $2.7 million in the NFT marketplace.
After all, with the expression, naked look with skin to show for, teal background, and most importantly, the crown on bored apes’ head & heart-shaped eye, this is an investor magnet.
With the combination of features, it’s one of the three bored apes with unique traits.
3) Bored Ape Yacht Club #232 | $2,811,791
This is one of the most expensive NFTs ever sold in the market.
In January 2022, it was sold for 1080 ETH or $2.81 Million. And in terms of Ethereum, this was the most expensive cost ever paid.
Plus, it’s the only time ever that a bored monkey NFT price crossed 1000 Ethereum.
From the colorful hat to earrings, facial hairs, knife mouths, and super noticeable golden shirt, #232 deserves every bit of ETH spent on them.
Now, you might be wondering, why didn’t this make it the most expensive BAYC NFT?
Well, this is because during the time the transaction happened, the value of ETH was low. Therefore, when Ethereum is converted into dollars, the NFT ape doesn’t become the most expensive one.
Nevertheless, it’s still the most expensive bored ape NFT ever sold in terms of ETH. And its unique features surely deserve credit.
2) “The Captain” Bored Ape Yacht Club #3749 | $2,907,016
For $2.91M the “Captain,” Bored Ape #3749 is the second most expensive bored ape NFT ever sold
The person who bought this ape NFT has a collection of 3,880 ETH, or $13 million.
Speaking of which, let’s see what makes this one so unique.
With gold fur and its iconic sea captain’s hat, the bored ape also has red laser eyes and a little grin expression. Don’t forget the simple black t-shirt it’s wearing.
Thus, this bored apes yacht club NFT has a rarity rank of #27 and a score of 283.99.
The captain is particularly popular among investors despite its high price. And this is something that a lot of people are waiting for this NFT monkey to sell.
But it comes nowhere near the next one.
1) Bored Ape Yacht Club #8817 | $3,408,000
In an interview with the hyper beast, an NFT investor who bought a bored ape yacht club 8817 “rhincodon” explained why he invested so much money in this one.
“I had been seeking a gold ape for the previous few weeks, there isn’t a lot for sale, and those posted are generally sold for a cost of 1,000 ETH or more.”
It was sold on a high-end NFT marketplace on METAVERSE, known as Sotheby’s. Despite only costing about 819 ETH, around 200 lower than #232, the higher value of ETH at the time of the transaction, made this sale worth $3.41 million.
Let’s see what makes this one unique:
- Golden fur – is only possessed by less than 1% of bored apes.
- One of 46 bored apes with solid gold fur.
- One-of-the-kind colorful hats
- Earring
- Party-thingy in its mouth
- The black turtle neck
- And almost annoyed expression.
With the combination of these attributes, the Bored Ape #8817 scored 297.37 in terms of rarity and a rank of #17.
This is officially the highest price of NFT monkey ever paid, making it the most expensive bored ape NFT ever sold
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Why Would Anyone Buy NFT Monkey Art?
Well, a common question a lot of people ask is, why would anyone invest so much money in NFT art?
Well, having NFT Bored Apes has its own benefits. One of the biggest is the involvement of the Ethereum blockchain.
Using Ethereum eWallet, users can buy or sell any NFT ape from anywhere across the world.
Moreover, another benefit is the uniqueness of bored apps in the NFTs community. There aren’t many of these monkeys and they can’t be replicated, blockchain after all.
And as we know, rarity attracts a lot of people or collectors in a better choice of word. They are willing to pay MILLIONS.
Furthermore, they aren’t just paintings of bored apes or pictures, but financial assets that can be seen as an investment. If done right, you can buy one for 1000 dollars and sell it for 1 million dollars.
That’s why people go to the NFT marketplace and buy these bored apes.
Bottom Line
NFTs are growing popular. And within the world of NFT, bored apes from yacht clubs are very popular. With this, the rarest bored apes are sold for millions. And in this blog, we looked at some of the most NFT monkey prices most expensive.
FAQ
NFT monkeys are digital collectibles that use non-fungible tokens (NFTs) to represent ownership. These monkeys are unique and can be bought, sold, and traded on blockchain marketplaces. They have become increasingly popular in the world of cryptocurrency and NFTs.
As of August 2021, the most expensive NFT ever sold is the artwork “Everydays: The First 5000 Days,” created by an artist known as Beeple. It was sold for $69 million at a Christie’s auction.
“Everydays: The First 5000 Days” is a digital artwork created by Beeple. It is a collage of 5,000 individual images, which Beeple created and posted online every day for over 13 years.
Apart from “Everydays: The First 5000 Days,” other NFTs that have sold for a high price include:
- “CryptoPunk #3100” – sold for $7.57 million in May 2021
- “The First 5000 Days” – sold for $69 million in March 2021
- “Crossroad” – sold for $6.6 million in February 2021
The cost of the least expensive Bored Ape is constantly changing due to the nature of the market, but as of August 2021, it is around 0.05 ETH (approximately $150 USD).
The Bored Ape Yacht Club (BAYC) NFTs are unique digital collectibles that represent ownership in a community of like-minded individuals who are passionate about art, culture, and technology. Each BAYC NFT comes with a variety of benefits and perks, such as access to exclusive events, merchandise, and more.
Bored Apes Collection is a set of unique NFTs that feature a collection of 10,000 pixelated apes with different traits and accessories, created by the Bored Ape Yacht Club community. Each NFT is unique and can be bought, sold or traded on the blockchain.
If you’re interested in buying a Monkey NFT, here are some simple steps to follow:
- Steps to buy a Monkey NFT:
- “Set up a digital wallet that supports Ethereum blockchain
- Fund your digital wallet with Ethereum cryptocurrency
- Browse NFT marketplaces that sell Monkey NFTs
- Check the details and price of the NFT you want to buy
- Connect your digital wallet to the marketplace and confirm the transaction
- After the transaction is confirmed, the Monkey NFT will be transferred to your digital wallet.
Remember to always do your research and only buy from reputable NFT marketplaces to ensure you’re getting an authentic Monkey NFT.
Niketan Sharma is the CTO of Nimble AppGenie, a prominent website and mobile app development company in the USA that is delivering excellence with a commitment to boosting business growth & maximizing customer satisfaction. He is a highly motivated individual who helps SMEs and startups grow in this dynamic market with the latest technology and innovation.
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