BAYC Surges After BendDao Auctions

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Bored Ape Yacht Club has recorded the most individual NFT sales of the collection in a single day since the Otherdeed for Otherside sale more than 6 months ago, per @punk9059 on Twitter.

77 BAYC trades so far today.

Most in a single day since the Otherdeed drop. pic.twitter.com/gvskio697w
— NFTstatistics.eth (@punk9059) November 15, 2022

Bored Ape Yacht Club volume is up 132% to 4,568 ETH traded on OpenSea in the past 24 hours. The floor price is back up to 63 ETH, up 26% over the past 24 hours. The floor briefly dipped under 50 ETH yesterday.

BendDao is a decentralized peer-to-pool NFT liquidity protocol that has made headlines in connection with Bored Ape Yacht Club floor declines in the past. Tyler Warner referenced the recent drop in the floor price of the collection in today's "Morning Minute."

The Bored Ape Yacht Club floor price is now back above CryptoPunks.

Author Bio

Lou Sherman

Lou Sherman is a Content Specialist at Lucky Trader. Lou has been in crypto and NFTs since 2018 and owns Moonbirds, Cryptoon Goonz, and Purrnelope's Country Club NFTs.

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. AI may have assisted in the creation of this content.