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Should you buy a bored ape NFT?

Let’s investigate Bored Ape NFTs. Bored Ape NFTs launched in April 2021 and sold out within 24 hours. Today they are one of the most popular NFTs. Buying a Bored Ape doesn't just give you an NFT, it also gives you access to the Bored Ape Yacht Club, an exclusive online community.

Did Sotheby's sale to FTX give bored ape NFTS 'an air of legitimacy'?

Lawsuit: Sotheby's $24M sale to FTX gave Bored Ape NFTs "an air of legitimacy." Enlarge / Bored Ape NFTs can now be purchased for just $50,000 each. The Sotheby's auction house has been named as a defendant in a lawsuit filed by investors who regret buying Bored Ape Yacht Club NFTs that sold for highly inflated prices during the NFT craze in 2021.

How much is bored apes NFTS worth?

There are a number of recent transactions for Bored Apes NFTs. One recent sale was for 28.060 WETH, which is "worth" about $48,0000 right now. There seems to have been 40+ transactions in the last 24 hours. The price is pretty steadily going down. Well, it's a potential class action.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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