Biggest NFT collection in the world receives a massive volume increase as celebrities buy more pieces
One of the largest NFT collections in the market, Bored Apes Yacht Club, faced a volume surge of around $1 million as volume grew over 175%, WuBlockchain reports.
In addition to increased trading activity, the floor price of the series spiked to almost 110 ETH, or approximately $330,000. The total market value of the collection is now close to reaching $1 billion as the number of holders exceeded 6,400.
Despite security issues and the most recent exploits, the collection still attracts celebrity investors and even some VCs. Previously, U.Today noted that the project’s official community in Discord was being exploited and users were being sent phishing links asking them to upload certain sensitive data allowing hackers to steal their non-fungible tokens.
During the exploit, scammers stole $100,000 worth of NFTs. Many users believed that managers of the project were making giveaways tied to April Fools’ Day, which is why some of them got baited and transferred information to hackers.
One of the most recent celebrities to join the NFT trend and choose BAYC to do so was pop legend Madonna. Apparently, she bought a bored pink monkey wearing a leather cap because it matched the superstar’s provocative look and performance.
