The floor price of Bored Ape Yacht Club NFTs has hit a new all-time high of 138.5 Ethereum (ETH)
Trade volume has also increased by 181.95% in a week.
The increment in floor price and trade volume is attributed to the announcement of the BAYC metaverse
The BAYC Metaverse, known as Otherside, will be launched on April 30th
Bored Ape Yacht Club NFTs have hit a new milestone in terms of floor price. According to metrics from NFTGo.io, the floor price of BAYC NFTs has hit a new all-time high of 138.5 Ethereum (ETH). At the time of writing, BAYC NFTs have the highest floor price in the market, outshining other popular projects such as CryptoPunks (60 ETH), Moonbirds (38.8 ETH), and Azuki (23.40 ETH).
Furthermore, the trade volume of Bored Ape Yacht Club NFTs is up 9.63% in the last 24 hours and 181.95% in the last seven days.
Bored Ape Yacht Club NFT Metaverse, Otherside, to Launch on April 30th
The new all-time high in terms of floor price is the result of the official announcement of the launch of the Bored Ape Yacht Club NFT metaverse on April 30th at 12 pm ET. Known as Otherside, the metaverse already has a Discord server with 128,907 members, with over 30,000 actively participating.
According to the Otherside Discord serve team, the project is yet to have an official website. The Otherside is only live on Twitter (@OthersideMeta) and Instagram.
Therefore, the team has warned its members on Discord that they should only trust links posted on the project’s official server or Twitter account. Followers of the Otherside project on Discord and Twitter have also been cautioned that impersonators will be lurking. Consequently, vigilance is also advised.
The team will be posting additional information about the Otherside launch only on Discord and Twitter in the coming week beginning April 25th.