101 Piece NFT Collection was Valued at $19 Million

The NFT craze is growing exponentially. The 101-piece NFT collection was valued at $19 million.

While the "Bored Ape" NFTs stand out as the most demanded products of recent days, the current price for a collection of 101 NFTs of the "Bored Ape Yacht Club" has reached exactly 19 million dollars in value. Even the auction house Sotheby's put a price between 12 and 18 million dollars for this figure. However, 3 days before the sale, this figure seems to have been significantly exceeded. Among the NFTs that have received the most attention recently are Axie Infinity, CryptoPunk and Bored Ape. Here is a 101-piece collection of bored monkey NFTs that will go on sale 3 days later at Sotheby's, one of the well-known auction houses. The current price for the collection, which includes laser-eyed and diamond-toothed monkeys, is $19 million. The expected price range of Sotheby's was 12-18 million dollars. The auction will start on September 9 at 18 CEST.

Why Is It So Valuable?

Currently, the base price of a “Bored Ape” NFT on the open market is around 40 ETH (about $160K). This shows the price of the collection as $16 million, but there are also some rare NFTs in the collection. This further increases the price. However, the never-ending discussion of the NFT market comes up again. Features that make the price worthwhile... What makes a monkey valuable is its gold-covered fur, while it has 4 unshaved "ape" NFTs. In addition, monkeys with pizza hanging from their mouths are also rare products. As it is known, the Bored Ape Yacht Club NFT collection consists of 10 thousand NFT pieces. It is also the 5th most purchased collection in total sales so far. The most expensive “bored ape” NFT has found buyers for 600 ETH (approximately $2.37 million). NBA star Stephen Curry also participated in last month's sales and bought an ape NFT for $180,000.