The Bored Ape Yacht Club Saga: Triumphs, Trials, and Tragediesby@ani-alexander
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The Bored Ape Yacht Club Saga: Triumphs, Trials, and Tragedies

by Ani Alexander9mJuly 26th, 2023
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The Bored Apes Yacht Club (BAYC) initially gained popularity during the NFT hype cycle but faced challenges later on. Despite not selling out immediately, the collection became popular due to its friendly community and non-speculative discussions. However, as BAYC gained more attention, it attracted speculators and its floor price rose significantly. This led to concerns about the project's original values and caused a decline in sentiment. The article aims to explore the reasons behind BAYC's changing dynamics and what led to its current state.

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Ani Alexander

Ani Alexander

@ani-alexander

Web3 Marketer, NFT fan, International Speaker, Startup Mentor, Bestselling Fiction Author, Podcaster

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Opinion piece / Thought Leadership

Opinion piece / Thought Leadership

The is an opinion piece based on the author’s POV and does not necessarily reflect the views of HackerNoon.

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Ani Alexander@ani-alexander
Web3 Marketer, NFT fan, International Speaker, Startup Mentor, Bestselling Fiction Author, Podcaster

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