NFT BAYC collection reaches 1 million ETH

The trendy NFT collection from Yuga Labs, Bored Ape Yacht Club (BAYC), has succeeded incredibly by crossing the magical 1 million ETH trading volume mark. Coincidentally, it is precisely two years since Yuga Labs launched the collection.

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The BAYC collection reached the 1 million ETH mark on April 15, 2023, adding another 18,433 ETH at the time of writing. Based on data from the CryptoSlam portal, the collection has earned more than 2.8 billion USD over its lifetime. This success solidifies the BAYC collection's position in the NFT space. The BAYC collection is second only to Axie Infinity, which has a whopping 4.2 billion USD in sales. However, it has been on the market longer than the NFT BAYC collection.

There is still a lot of interest in BAYC's NFT collections

Achieving this success indicates that there is still a strong interest in the BAYC collection. Despite the long-lasting Bear market, collectors have shown a strong interest in various NFTs, with collections such as BAYC retaining a high value.

One of the first to report on the success was a BAYC member named BoredOHms, founder of Sewer Apes. He also created a special Jimmyfied edit for the occasion. "ONE MILLION ETH" to commemorate this achievement. With this gesture, he showed how united the BAYC community is. Also, he emphasized the freedom that holding an NFT brings, allowing everyone the space to express themselves and connect with the community.

Source: nftplazas.com