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Bored Ape Yacht Club Sells An NFT For $1M Even In The Bear Market. Will Big Eyes Coin’s NFT Club Defeat ApeCoin’s Monopoly?


NFTs have changed the world. There’s no running away from the fact that blockchain technology has altered the course of many industries: art, films, entertainment and finance. Just last year, when NFTs became popular, ApeCoin’s (APE) Bored Ape Yacht Club (BAYC) attracted many cultural icons such as Eminem, Justin Bieber, Rihanna, and more. Evidently, the art world is a brewing place again due to the emergence of NFTs and their marketplaces. 

The significance of NFTs can also be confirmed by The British Museum’s NFT section. Yes, the museum that holds and showcases 2 million years of history is also making efforts to capitalise on the crypto market. Many artworks of 19th-century painters are now available as NFTs posthumously. 

However, 2022 has not been a good year for crypto. The market saw two crashes, which resulted in Bitcoin (BTC) losses and a pullback from investors. But, even in the bear market, BAYC is selling NFTs for millions. Does this mean that NFTs are not dead? And what does it mean for Big Eyes Coin (BIG) and its NFT club? Let’s find out if the cat-themed meme coin will be able to defeat ApeCoin’s monopoly!

Planet Of The Apes

Bored Ape Yacht Club NFT #232 sold this week for 800 ETH on the secondary market, or about $927,000. The tokenised PFP was sold by Deepak Thapliydal, CEO of Web3 cloud software startup Chain, and purchased by notable pseudonymous collector Keung.

The news came as a surprise since the crypto market isn’t showing enough gains lately. However, if history is to be believed, BAYC has sold several Bored Ape NFTs for millions. Investors have not lost faith in the power of blockchain-based digital artworks, and there are several reasons for that. 

NFT technology is groundbreaking. Its use case can be defined by an art collector in the real world owning a real Van Gogh. In the case of the digital world, the art collector will be owning the same Van Gogh painting, but on his NFT marketplace. As the world gets more digitised and we leave our dependence on physical entities behind, NFTs will become a new way of cultural expression.

Big Eyes Coin: Cat vs Apes


Even though Big Eyes Coin is a new meme token in the market, it has created a significant buzz because of its NFT club, DeFi (decentralised finance) components and sustainability wallet. 

A community-driven token, Big Eyes Coin will launch a fully-integrated NFT club, where owners will be able to exchange digital assets with the help of BIG tokens. It will allow the users to take part in several competitions, win rewards and attend exclusive NFT events. 

Beautifully designed and carefully curated, Big Eyes Coin’s NFT collection of ten projects will feature its cat token taking to the sea. The artwork also combines the token’s sustainability efforts to save the ocean by donating to ocean preservation charities. 

To Summarise

BAYC has given hope to the crypto market. Selling an NFT for $1M at a time when the crypto market isn’t doing well will surely relieve investors and crypto enthusiasts. On the other hand, Big Eyes Coin has raised more than $10.3M in its presale so far, leading the crypto market when other meme coins are stumbling. 

Consider investing in Big Eyes Coin’s presale by using the code BIGPRIZE48 and win bonus tokens. 

Click on the links below to be a part of the NFT revolution!




*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.

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