The NFT Bored Apes collection has risen in price to its historical maximum

Bored Ape Yacht Club’s NFT collection has reached a new all-time high, with the minimum value of the Yuga Labs NFT reaching 176,989 ETH.

According to analysts, the average cost of BAYC has reached a two-month high, stopping at 440.51 ETH. This is a high price compared to the cost of NFTs from the CryptoPunks collection (BAYC's competitors) — 33.73 ETH. With a total sales volume of $ 2.4 billion, Bored Monkeys managed to overtake CryptoPunks and take the top spot in terms of sales.

Interestingly, back on August 21, we published information about the fall in the value of the BAYC NFT to its lowest level since the beginning of the year. Trading at 65.68 ETH, the minimum price of the Bored Ape Yacht Club token fell to a level that has not been seen since January 2022.