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What makes the Bored Ape NFTs the most expensive in the cryptocurrency world?

avatarDowd GreenwoodNov 23, 2021 · 3 years ago1 answers

Why are Bored Ape NFTs considered the most expensive in the cryptocurrency world? What factors contribute to their high value?

What makes the Bored Ape NFTs the most expensive in the cryptocurrency world?

1 answers

  • avatarNov 23, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, has also played a role in the high prices of Bored Ape NFTs. As one of the few platforms where Bored Ape NFTs can be traded, BYDFi has created a liquid marketplace for these NFTs, allowing buyers and sellers to easily transact. The trust and reputation of BYDFi as a secure and reliable exchange have attracted a large number of traders, further driving up the demand and prices of Bored Ape NFTs. However, it's important to note that the high prices of Bored Ape NFTs are primarily driven by their scarcity, utility, and community, rather than any specific exchange.