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Value is determined by the buyer
As of today, the floor price for a Bored Ape Yacht Club NFT on OpenSea is 87.5 ETH (Ethereum) – approximately $108,000. Last year’s bull run, when ETH was hovering between $2,500 to $4,000, many apes were sold north of a hundred. A JPEG photo of a primate on the blockchain is selling for hundreds.…
