Right now BAYC, MAYC, APE, Otherdeed for Otherside & KODA are trading at levels that feel unreal compared to the broader NFT market. This is not just another PFP project. Bored Ape Yacht Club is the cultural landmark of the whole NFT industry — the direct symbol people think of when they think about NFTs. I don’t believe these price levels will last long. And I’m not sure we’ll ever see them again. Apes are heavily undervalued. The market is not ready for what BAYC (and the other Yuga Labs assets) will bring in the near future.
Right now BAYC, MAYC, APE, Otherdeed for Otherside & KODA are trading at levels that feel unreal compared to the broader NFT market. This is not just another PFP project. Bored Ape Yacht Club is the cultural landmark of the whole NFT industry — the direct symbol people think of when they think about NFTs. I don’t believe these price levels will last long. And I’m not sure we’ll ever see them again. Apes are heavily undervalued. The market is not ready for what BAYC (and the other Yuga Labs assets) will bring in the near future.
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