Bored Ape Kennel Club Surges in Price
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Bored Ape Kennel Club, the original expansion collection for the Yuga Labs ecosystem, sales volume and floor price has seen a significant spike today.
In the last hour alone the project has seen its floor price increase by 15 percent to 8.98 ETH and over the last 24 hours the collection is third in total volume with 670 ETH traded and has seen its floor price increase by 35 percent in the same time span.
While the reasoning for the recent spike in volume is currently unknown, it is worth noting that CryptoPunks, another Yuga Labs collection, saw a huge uptick in volume just days prior to its announcement regarding IP rights for holders.
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