Bored Ape NFT Sales Soar +200% During ‘ApeFest’ Event

Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC), have been hosting their annual ‘ApeFest’ event in Las Vegas. This year’s event has seen a dramatic surge in sales for BAYC NFTs as the hype surrounding the event continues to build. Data from crypto market tracker cryptoslam shows that the trading volume for BAYC NFTs jumped by 213% within the past 24 hours, reaching over $819,756. Experts attribute this significant increase in sales volume to the exclusive celebrations and experiences offered during ApeFest, which are drawing a large crowd of NFT enthusiasts.