On April 29, 2022, the Bored Ape Yacht Club (BAYC) non-fungible token collection saw its floor price hit a record high of 152 ether, equivalent to approximately $430,000 at current exchange rates. According to data from the NFT marketplace OpenSea, the floor value has skyrocketed from 25 ETH ($70K) on September 1, 2021, marking an increase of over 500% in just seven months.
Floor Price Trajectory
BAYC's floor price first crossed the 50 ETH threshold on November 19, 2021, and surpassed 100 ETH after January 30, 2022. Although it briefly dipped to a low of 68 ETH on March 8, the floor quickly recovered and continued its upward climb. As of April 29, the floor stood at 152 ETH, representing a 507.99% gain over 240 days.
NFT Market Scarcity Comparison
Only two NFT collections currently have floor prices above 100 ETH: BAYC (152 ETH) and Proof Collective (120 ETH). Other notable collections trail behind, including CryptoPunks (59.99 ETH), Bored Ape Chemistry Club (56 ETH), Mutant Ape Yacht Club (40.86 ETH), and Moonbirds (31.4 ETH).
Market Cap and Trading Volume
Based on the 152 ETH floor, the total market capitalization of the BAYC collection stands at approximately 1,519,848 ETH, or $4.31 billion. Statistics show that 6,354 unique owners hold at least one BAYC NFT as of April 29. In the last 24 hours, BAYC NFTs saw $19.4 million in global trading volume (6,843.66 ETH). All-time sales have reached $1.9 billion, distributed among 10,860 buyers across 28,295 on-chain transactions.
Cheapest and Most Expensive BAYC
The cheapest BAYC NFT currently on sale is Bored Ape #7950 at 152 ETH, with the owner's listing expiring in 14 hours. The next two lowest are priced at 152.8 ETH and 153 ETH, respectively. The most expensive Bored Ape ever sold was #3749, which fetched 740 ETH ($2.9 million at the time). This particular ape wears a captain's hat and laser eyes.