MAYC Hits 30 ETH Floor Following BAYC Birthday Speculation

MAYC Hits 30 ETH Floor Following BAYC Birthday Speculation

With Bored Ape Yacht Club's (BAYC) one-year anniversary right around the corner, speculation about an upcoming announcement from the project's parent company, Yuga Labs, is at an all-time high. And Mutant Ape Yacht Club is benefitting, reaching a 30 ETH (~$93,000) floor price with over 130 total sales in the last 24 hours.

BAYC officially launched last year on Apr. 23 and minted out on Apr. 30, and NFT Twitter seems certain there is a surprise from Yuga Labs coming on the project's one-year anniversary.

The rumor mill was buzzing about BAYC's one-year Twitter anniversary, too, which was Apr. 17. But the team has been relatively quiet after an exciting string of announcements, including the acquisition of Larva Labs (the parent company of CryptoPunks and Meebits), its upcoming metaverse land sale, the Otherside collaboration with CryptoPunks, Meebits, Cool Cats, Nouns, World of Women (WoW), and CrypToadz, the launch of ApeCoin (APE), and its upcoming three-part movie series with Coinbase.

This has not deterred collectors from aping into MAYC today. The BAYC companion project's floor price is up more than 6 percent in the last 24 hours with volume eclipsing 4,000 ETH (up about 50 percent day-over-day). 

The official release date for Yuga Labs land sale is still unknown. But the speculation spilled over into non-BAYC affiliated projects, too, when Willy (@WillyTheDegen on Twitter) tweeted an "alpha leak" about which projects will be automatically whitelisted to mint Otherside land. Those projects include: CryptoPunks, Meebits, Cool Cats, Nouns, World of Women (WoW), and CrypToadz (all of the projects featured in the Otherside teaser video). Both BAYC and MAYC are expected to receive land for free. 

This is an unverified rumor and has not been confirmed by the project. But the NFT market is reacting in a big way.

CrypToadz's floor price is up nearly 50 percent day-over-day with volume eclipsing 1,000 total ETH (a 1,800 percent increase from yesterday).

Meebits now has a floor price over 6 ETH with a 290 percent increase in total ETH traded day-over-day.

Cool Cats, despite market skepticism following the launch of Cooltopia, is up over 40 percent in total volume day-over-day.

World of Women saw its floor price increase over 10 percent and total volume day-over-day increase nearly 240 percent. 

And, of course, BAYC itself is up over 330 percent in total volume traded day-over-day.

Whether or not Willy's rumor is true or if BAYC even has plans to celebrate its one-year anniversary in any significant way is yet to be seen. Stay up-to-date on all the latest NFT rumors and happenings with Lucky Trader's Posts.

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.

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