Using $300 To Make Over $400k: Bored Ape NFT Makes The Rich Get Richer

Okay guys if you have been catching up with my post about Bored Ape Yacht Club NFT and the $Ape token, you will know how much I love the Bored Ape NFTs. I can talk for hours why I want to have one, aside the fact that it’s a cool NFT, the design and the concept are really cool and unique, I also love the team behind it, Yuga labs. They are really working so hard in making sure that it retains its value and has utilities and most importantly give the users some amazing airdrops.

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When bored ape NFT was available to mint in March 2021, the cost of minting one Bored Ape NFT cost below $300. This got me thinking, in 2021 March, I knew nothing about NFTs. Even if I knew something about NFTs, would I pay $300 for a Jpeg? I’m sure if I had seen the offer of buying a bored Ape NFT when it was new, I would have laughed so hard. I can’t imagine myself paying $300 for a Jpeg. This is why I envy the early Bored ape buyers, those buyers that held their NFTs till now, they deserve every airdrops they are getting.

Getting a bored ape NFT on the day of mint would have cost you $300, if you held that NFT from that day till today, your $300 investment would have yielded over $400,000 today. Bored Ape Yacht Club NFT holders got a Bored Ape kennel NFT each for just holding Bored Ape. A Bored Ape kennel NFT floor price is 7.78 ETH ($22,562).

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Bored Ape Yacht Club NFT holders also got a Mutant Ape NFT as an airdrop. Which is another valuable NFT, the floor price for a mutant NFT is 22.3 ETH($64,670).

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Aside that, do you know that there is a special club for Bored Ape NFT holders, this discord group club have lots of celebrities who are also holding a bored ape. A bored Ape Yacht Club NFT floor price is over 90 ETH ($261,000).

Few days ago $Ape token was launched and airdropped to all Bored Ape NFT holders. If you had a Bored Ape NFT, you will get an $Ape token airdrop, if you have a mutant ape NFT coupled with a kennel NFT you will get an $Ape token airdrop. About 10,000 tokens were airdropped, the value of the token was listed for $1. This means that at listing time, the value of the airdrop was $10,000. But the value of the token jumped to $32 then stabilized between the range of $10 - $15, which means that Bored Ape NFT holders got at least $150,000 in airdrop.

So a $300 Bored Ape NFT would have yielded over $400,000 in assets and value. Wow! If I could see the future and someone told me this, I will jump right in. But unfortunately that’s not how risks and rewards, no one sees the future, if you can see the future, it’s not a risk anymore.

If you see me ranting and talking about Bored ape, this why, at least I have the token now 😂 makes me feel like I am among the bored ape family club.

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