The Bored Ape Yacht Club (BAYC) is celebrating an iconic milestone, the Ethereum-based NFT collection has just crossed the 1 million ETH trading volume mark. The incredible achievement comes exactly two years after the collection was launched by Yuga Labs, which has gone on to establish itself as a leading light within the nascent Web3 space.
BAYC crossed the 1 million ETH mark on April 15, and Since then has added another 11,131 ETH to the figure. According to data from CryptoSlam, the collection has grossed over $2.7 billion in all time sales as of press time. This ranks the collection second only to Axie Infinity, which boasts over $4.2 billion in sales. As a result, the new landmark solidifies BAYC’s position within the NFT space, especially considering that the collection is a few years younger compared to Axie.
One Million Eth sign up on https://t.co/2fz3HJ46IA
Mint your Sewer Ape to be able to access the customization page pic.twitter.com/xtYQUJId1C
— BoredOhms.eth 🍌 (@BoredOhms) April 15, 2023
BAYC Milestone Shows Sustained Interest in NFTs
BAYC’s milestone serves as a testament to continued interest in NFTs. Despite crypto-winter swooping in for the better part of the past year, collectors continue to show a strong appetite for various NFT brands, with blue chip collections such as BAYC remaining highly rated.
One of BAYC’s members, BoredOHms, was among the first to announce the collection’s achievement to the world. As the founder of Sewer Apes, BoredOHms also created a special “ONE MILLION ETH” Jimmyfied edit for BAYC members to commemorate this significant milestone. This gesture not only demonstrates the unity of the BAYC community but also highlights the freedom that comes with holding these NFTs, allowing individuals to express themselves and connect with others freely.
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Basil is an avid fan of blockchain technology and all its innovations, and he is passionate about sharing this narrative with his audience. He has spent over five years in the crypto space, specializing in research and creating Web3 content for various media outlets around the globe.
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