Staying relevant as a non-fungible token (NFT) project in the marketplace largely depends on expansion and innovation capabilities. Bore Ape Yacht Club creators Yuga Labs declared buying Meebits and CryptoPunks (in March).
Also, it revealed that ApeCoin would power the Metaverse Otherside. The announcement saw APE on significant bullish trends, attaining new peaks.
Yuga Labs launched real estate sales on the new Metaverse platform on Saturday, witnessing more than $100,000,000 worth of sales within 45 minutes of the launch. Such developments saw BAYC topping the NFT collection list by sales volume. What more did the previous 24 hours bring?
Apes Flying Higher
Topping the NFT Collection rankings, Bored Ape Yacht Club saw more than 138,000 Ether trading volume within the past 24 hours. Also, BAYC’s floor price stood at 134.0000 ETH. Meanwhile, the trading volume totaled $43,958,44, representing a 146% sales volume surge in one day.
Remember, the total sales volume registered for NFTs deals in all marketplaces within the past 24 hours stood near $146,237,470. That means BAYC NFTs accounted for more than 60% of the overall recorded sales.
OpenSea data shows BAYC witnessed stable sale volume surges as it approached its metaverse launch. Bored Ape Yacht Club noted 1532.41 in sales volume on April 28, following a sale of ten BAYC non-fungible tokens.
The past two days saw the number surging 40% as the marketplace sold 14 BAYC NFTs, totaling sales volume to 38%. Yesterday saw more increases as the NFTs sales jumped to 31 as the recorded volume climbed by a staggering 126%.
Furthermore, Cryptoslam data showed that in all NFTs markets, 88 new investors secured a BAYC NFT over the past 24 hours. Also, NFT-related transactions totaled 105.
Birds Losing Feathers?
Moonbirds ranked 3rd in this publication, with its sales volume of $268 million over a week of launch, ranking top of the BAYC. Nevertheless, it has since declined in the ranks, while its sales volume spiked by a small 25% over the previous 24 hours. NFTs sales volumes seem to resort to steady declines since Moonbirds launch.