Bored Ape NFT floor price hits record high above $430,000

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Bored Ape NFT floor price hits record high above $430,000
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Bored Ape NFT floor price hits record high above $430,000 (via Yogita_Khatri5)

The floor price of Bored Ape Yacht Club NFTs has hit a record high both in terms of ETH and USD.The floor price of Bored Ape Yacht Club NFTs hit a record high on Friday as its creator, Yuga Labs, prepares to drop a new collection for its metaverse project, dubbed Otherside.

Yuga Labs has been growing fast since it launched Bored Apes. The firm recently hit a valuation of $4 billion in a seed round worth $450 million.CryptoSlam Yuga Labs also recently acquired two collections from Larva Labs: CryptoPunks and Meebits. These have seen a total combined sales volume of $2.7 billion to date.

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