Bored Ape Kennel Club Continues Surge

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Yuga Labs' assets continue to skyrocket a few days after the company teased the upcoming launch of "Jimmy The Monkey's" trial.

Bored Ape Yacht Club, Mutant Ape Yacht Club, and Bored Ape Kennel Club have each traded more than 1,000 ETH on OpenSea's secondary marketplace in the last 24 hours, each eclipsing the total traded volume of the next three projects combined.

Amidst the volume surge, Bored Ape Kennel Club continues the strongest floor price increase, up nearly 26 percent to 6.89 ETH.

Some suspect the trading has been fueled on account of the recent trial of Jimmy The Monkey announcement, indicating that the initial roadmap contains a pawprint, potentially indicating some Bored Ape Kennel Club usage.

The first Yuga Labs' companion has been notoriously "excluded," not earning its own $APE airdrop when the native ecosystem token dropped earlier this year. Instead, to receive a distribution of $APE, Kennel Club holders need to own a Mutant Ape Yacht Club NFT to pair it with.

Another golden Bored Ape Kennel Club NFT traded this afternoon as well, this time selling for 23 ETH ($27,776).

Author Bio

Logan Hitchcock

NFT Analyst

Logan is a content lead at Lucky Trader and is best known for selling every good NFT far too early. He also maintains an irrational exuberance for clay-based NFTs.

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