A bunch of ape NFTs simply bought for $24.four million

Six of the 101 apes bought at public sale. | Picture: Bored Ape Yacht Membership / Sotheby’s

Should you thought NFT mania was about to die off, assume once more: a bundle of 101 NFTs from Bored Ape Yacht Membership simply bought at Sotheby’s for $24.four million. A second bundle of 101 Bored Ape Kennel Membership NFTs bought for $1.eight million.

That places the ape sale among the many largest within the NFT house. A bundle of 9 CryptoPunks — one of many earliest NFT tasks — bought for $16.9 million in Might. And Beeple bought a collage of his works as an NFT for $69 million in March. Whereas it’s laborious to instantly evaluate all of those gross sales (there are 101 gadgets in as we speak’s auctions versus one in Beeple’s), the purchases present that the urge for food for NFT artwork isn’t dying down, and so they counsel that patrons assume there’ll be excessive resale worth because the market continues to develop.

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