ou're going to hang out in a swamp club with a bunch of apes and get weird. Aronow clarified that apes were chosen as a mascot for the NFT Monkey because of the cryptocurrency phrase aping in, meaning to buy into a new currency or NFT with abandon, risking a significant amount of money NFT Monkey
.

How much is an NFT monkey worth?

BAYC #8817 is the most expensive Bored Ape ever sold. NFT, which was auctioned at Sotheby's auction house in October 2021, was sold for approximately 852 ETH, worth more than $3.4 million at the time. This NFT is one of the top 20 rarest NFTs in the collection, according to NFT rarity scoring tools.

Why is the NFT monkey so expensive?

Some basic economics here: because there are only 10,000 Bored Apes, the supply of the NFT art is pretty limited. Coupled with the massive interest in the brand, we have a high-demand/low-supply dynamic that inevitably drives prices up.

What is the NFT record monkey?

A rare Bored Ape Yach Club NFT has sold at auction for a record $3.4 million USD. Bored Ape Yacht Club #8817, one of 10,000 unique cartoon apes on the Ethereum blockchain, sold at Sotheby's Natively Digital 1.2: The Collectors auction on Tuesday.
How to make money with ntf?

The Best Ways to Make Money with NFT Monkey

Invest in a Play-to-Earn Tamadoge NFTs.
Play-to-Earn (P2E) Silks NFT Games.
Receive Compounded Gains from a HFT Fund by Investing in the Uncharted NFT.
Invest In A Passive Cryptocurrency Mining Protocol.
Invest in Promising New NFTs Early.
NFT HODLing.
Flipping NFTs.
Minting Your Own NFTs.

Who buys the NFTs?

Based on that, we can distinguish four main groups who buy NFTs: Millennials and Gen Z searching for a digital identity & community. Crypto investors. Art collectors who value creativity.

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