This NFT’s trading volume shot up by 221 percent in just 24 hours
The underdog of premium NFT collections, Mutant Ape Yacht Membership (MAYC) NFT simply got here out with flying colors because the buying and selling quantity noticed distinctive hike in merely 24 hours, rating the NFT assortment at no.1 on Ethereum-based NFT market, OpenSea.
The Chinese language journalist, Colin Wu took to Twitter this morning noting that MAYC assortment’s buying and selling quantity surpassed 5200 ETH in previous 24 hours, amounting to a 221 p.c hike. Moreover, Wu additionally highlighted that this had direct impression on the ground worth which reached 10 ETH on Monday morning.
Mutant Ape Yacht Membership NFT’s buying and selling quantity has exceeded 5200 ETH prior to now 24 hours, the amount has elevated by 221%, and the ground worth has reached 10 ETH. As well as, the ground worth of Bored Ape Yacht Membership can also be near 60 ETH, with greater than 6,000 holders. pic.twitter.com/YjPeclF9iy
— Wu Blockchain (@WuBlockchain) December 27, 2021
Following its bullish sample, MAYC NFT assortment’s buying and selling quantity exceeded 6500 ETH with practically 162 p.c hike in previous 24 hours on the time of reporting, i.e., Monday night. Moreover, the ground costs has additionally surpassed 11 ETH and is now aiming to cross 15 ETH in a single day. In gentle of its continued hike, MAYC has maintained its dominance, securing the primary place on OpenSea’s web site. With this the underdog of premium NFTs has overpowered the superior, the Bored Ape Yacht Membership (BAYC) NFT assortment, which was ranked at no.2 on OpenSea, at press time.
Ape NFT collections’ dominance within the premium panorama
Whereas this was not the primary time that the MAYC NFT assortment noticed such extraordinary response. The Mutant Ape Assortment was launched at first of September this 12 months and it skilled a staggering response from the buyers. Simply in an hour of the launch, Yuga Labs bought an impressive quantity of 10,000 Mutant Ape NFTs to new patrons thereby producing greater than $96 million value of ETH in a single hour.
Moreover, the Bored Ape Yacht Membership (BAYC) together with the Mutant Ape Yacht Membership (MAYC), and Bored Ape Kennel Membership (BAKC) have outperformed this 12 months, securing their place within the premium NFT assortment market. Within the final month of August, all of the three collections mixed amassed over 170,000 ETH, i.e., $644 million of the buying and selling quantity.
