The prices of Bored Ape Yacht Club NFTs have experienced significant volatility following a series of transactions by Jeffrey Huang, also known as Machi Big Brother. This article explores the impact of Huang’s sales on the Bored Ape market and examines the evolving situation amidst a legal dispute. Impact on Bored Ape Yacht Club Huang’s swift sale of over 50 Bored Apes within a few days has had a notable impact on the floor price of these NFTs. In fact, the floor price dropped to its lowest point in Ethereum since November 2021. However, a partial rebound occurred when Huang purchased
The floor price of the Bored Ape Yacht Club (NFT) hit a record high on Monday after its creator, Yuga Labs, said its upcoming metaverse will launch soon. According to data from NFT price floor, the... [[ This is a content summary only. Visit my website for full links, other…
The Securities and Exchange Commission (SEC) of the USA has officially closed the investigation on Yuga Labs, creator of the Bored Ape Yacht Club NFTs. The agency continues to backtrack with the crypto sector. The SEC closes the investigation against Yuga Labs of the Bored Ape Yacht Club (BAYC) NFTs…