Well, it happened. The Bored Ape Yacht Club, which just launched in April 2021, have “flipped” the legendary CryptoPunks, still the highest valued NFT collection. Flipping means that the last, lowest sales price for BAYC is higher than the same indicator for CryptoPunks. Back when BAYC first launched in April 2021, the NFTs were selling…Read More
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Is Snoop Dogg really NFT collector Cozomo de’ Medici? Did he really put up for sale Cryptopunk #3831 due to Bored Apes flipping CryptoPunks in floor price?
One of the most famous NFT collectors is Cozomo de’ Medici, a reference to the wealthiest man who ruled Florence during the Renaissance and who was a patron to artists. On OpenSea, Cozomo de’ Medici has over 450 NFTs. On Sep. 20, 2021, Snoop Dogg tweeted “I am @CozomoMedici.” Many took that tweet as true.…Read More
CryptoPunks v. Bored Apes: who cares if Bored Apes flip CryptoPunks?
Flippening: There’s been a lot of chatter on social media about the possibility that Bored Ape Yacht Club (BAYC) will flip the CryptoPunks–meaning having a higher floor (sales price for the lowest priced recent sale) than the CryptoPunks. Indeed, that would be a shocking turn of events, given that the CryptoPunks are the most valuable…Read More