News Report
May 16, 2022

A Bored Ape valued at $200,000 just sold for $200

A Bored Ape valued at $200,000 just sold for $200

Bored Ape #6462 was sold for $200 USDC. Some think that the price was a mistake while others believe the seller just moved his digital asset to another wallet to avoid paying taxes, as both wallets were empty. The floor price of a BAYC NFT is 101 ETH, which is currently $203,342. A $200 sale, in other words, is a pretty big oversight.

Bored Ape bot, an automated Twitter account that shares BAYC transactions, tweeted the purchase.

The ape has three rare attributes, which make it unique: a pizza slice, a motorcycle helmet, and a bone necklace. 

The NFT history shows that the NFT was traded several times at a price significantly lower than the floor price, and the sale offer was almost immediately accepted. It could also be that the buyer and the seller are the same people or that the buyer donated his NFT to a close person, for example.

Mistakes are common with NFTs. Several instances have occurred when a decimal point instead of a comma led to serious errors, such as selling an NFT for 0.75 ETH instead of 75 ETH. Hacks are another reason why sometimes expensive NFTs are seen being sold for a low price.

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Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

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Agne Cimerman
Agne Cimerman

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

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