The Mind-Blowing ROI of Minting and Holding a Bored Ape NFT From the Beginning

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The Mind-Blowing ROI of Minting and Holding a Bored Ape NFT From the Beginning
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Bored Ape NFT holders sit on a bag of money, but exactly how much would have one made if they minted and held a single ape since the beginning?

Bored Ape Yacht Club NFT collection made headlines recently with several bombshell revelations – from the purchase of the iconic CryptoPunks to the release of the ApeCoin.

With everything that’s going on with the BAYC ecosystem, we decided to see what’s the approximate ROI of minting and holding just one Bored Ape NFT until today. Moreover, they also issued the Bored Ape Kernel Club, a collection of canine companions to Bored Apes. The collection featuring Shiba Inu dogs has 9,602 individual NFTs. Right now, the three collections are number one, two, and four by their estimated market cap among NFTs.came out, its mint price was 0.08 ETH. At the time, that was the equivalent of $192. The collection’s floor price, the price of the least valuable NFT, was even lower. The least expensive Bored Apes traded for about 0.

Last but not least, on the NFT front, we have the Bored Ape Kennel Club. The collection currently has a floor price of around 8 ETH, worth about $23K. The collection wasn’t airdropped, but BAYC owners could claim their companions for the price of the gas needed for the mint.

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