How does the mint date affect the value of Bored Ape Yacht Club NFTs?

1 answers

• Feb 19, 2022 · 3 years ago
  The mint date of Bored Ape Yacht Club NFTs plays a significant role in their value. Early minted NFTs are generally more valuable due to their scarcity and the perception of being part of the project's genesis. As time goes on and more NFTs are minted, the supply increases, potentially diluting the value of individual NFTs. However, it's important to note that the value of Bored Ape Yacht Club NFTs is also influenced by factors such as the rarity of specific traits, the overall demand for the collection, and the strength of the community supporting the project.
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