Ape Bought for $1.2M Featured on Asian 'Social Network' Platform

Ape Bought for $1.2M Featured on Asian 'Social Network' Platform

Bored Ape Yacht Club No. 7537 was purchased for 1,024 ETH (about $1.23 million value) Tuesday by btok1024.eth, a wallet address that leads to a purported social networking platform called Btok, which claims it has more than 10 million active users, mostly in China.

Btok says it's the "world's leading blockchain social network," though a link to its primary group messaging platform only shows 9,000 members. Its Twitter account (@Btok_official) also has only 20,000 followers, and its app, downloadable on Apple and Android devices, is a Telegram skin with a rotating ad at the top.

The Ape purchased by the platform is featured on the Btok website, in an animated video where the Ape walks down a deserted street, then gets a message on its phone saying "Bitcoin is stupid and evil," to which it replies "To the moon!" 

Most of the platform's clients appear to be Binance Smart Chain coins, such as Marvin Inu, which has a 50/100 score on Token Sniffer. The company recently tweeted that it would partner with projects such as MiniDoge, Floki Inu and PORNROCKET for the upcoming "Red Packet Festival." 

Three days ago, BAYC founder Gordon Goner warned users that there was “credible information that there may soon be an attack on our social media accounts.” The sale was retweeted by the @BoredApeYC Twitter account from an Ape sales bot tweet. It's the highest sale in ETH in the collection's history, though the price of ETH has dropped significantly since the previous ETH-high sale: a trippy fur Ape that sold for 769 ETH, which was worth about $2.3 million when it was purchased Sept. 30, 2021. It's also the highest sale by far for the police motorcycle helmet trait, which had a previous high of 169 ETH, leading some Twitter users to question the validity of the sale. 

More about Bored Ape Yacht Club

Arguably the most successful NFT project, the Bored Ape Yacht Club (BAYC), is a collection of 10,000 uniquely generated bored apes that are stored on the Ethereum blockchain. Launched on April 23, Bored Ape Yacht Club had a mint price of 0.08 ETH and the collection sold out on April 30, 2021. Since its launch, the project has dropped multiple companion collections including Bored Ape Kennel Club, Mutant Ape Yacht Club, and Otherdeed for Otherside, and has helped onboard a number of high profile and celebrity collectors to the NFT ecosystem.

At the time of publish, the Bored Ape Yacht Club floor price sits at 65.99 ETH, and has stayed relatively flat over the past 24 hours on 1676 ETH volume of transactions. Over the last 30 days, 27 sharp wallets have sold 30 NFTs and 29 sharp wallets have bought 29 NFTs in the Bored Ape Yacht Club collection. Catch up on other recent Bored Ape Yacht Club news here.

Recent Bored Ape Yacht Club Sales

#6206sold at 12/09 4:12pm for
69.1
#9953sold at 12/09 2:12pm for
66.0
#9953sold at 12/09 10:12am for
65.5
#2193sold at 12/09 8:12am for
65.4
#4595sold at 12/09 7:12am for
64.5

Recent Bored Ape Yacht Club Listings

#8477listed at 12/09 8:12pm for
114
#6219listed at 12/09 8:12pm for
77.0
#8477listed at 12/09 8:12pm for
114
#8477listed at 12/09 7:12pm for
114
#8477listed at 12/09 7:12pm for
114
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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