NFTs

Extremely rare ‘Solid Gold’ fur Bored Ape Yacht Club NFT sells for $2.8m

A Bored Ape Yacht Club NFT with the highly sought-after ‘Solid Gold’ fur trait has sold for an incredible 675 ETH ($2.86m) today as collectors continue to snap up the most desirable apes on the market.

The purchase of BAYC #544 is the second-largest sale for a ‘Solid Gold’ ape after Metaverse platform The Sandbox bought a similar ape for an equally eye-watering 740 ETH in September.

Bored Ape Yacht Club recently hit a floor price of 50 ETH following a series of bullish catalysts which included high-profile buys from TV host Jimmy Fallon and musician Post Malone that were facilitated by crypto payments platform MoonPay.

BAYC #544 sold for 675 ETH

The buyer, Twitter user ‘SaintBayview’, thanked the seller on Twitter and said “I couldn’t be happier with my 2nd BAYC” following his purchase. The buyer was also a recent winner of Rolling Stone’s magazine highly-desirable tribute to the ape-based collection.

In the BAYC collection, The ‘Solid Gold‘ fur trait – which features an ape with dazzling golden fur– has become one of the most valuable due to its eye-catching aesthetics and the rare and scarce nature of the trait.

Other fur-based traits such as ‘Trippy‘ apes also demand an incredible premium over the remainder of the market.

BAYC is expected to lead the NFT markets heading into the new year as anticipation around a native BAYC token in Q1 2022 – expected to be dubbed ‘$APE’ -continues to attract new high-profile participants to the collection.

Sean Dickens

An avid advocate of DeFi, Sean has been in the industry since 2017, studying the latest trends writing about cryptocurrencies. He studied Journalism and Media at Birkbeck University and now writes for Coin Rivet while being an active member of various communities in the crypto space - particularly NFTs.

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