Interesting rumours are flying all around the place as, a week after the meeting of MoonPay and Elon Musk, the crypto platform purchased a gold ape.
Supporting the rumours, Deepak.eth said that an unidentified bidder bought his BAYC NFT for 600 ETH.
What are the various speculations considering the meeting of MoonPay and Elon Musk?
Deepak was previously selling the item for 690.420 ETH. This price is referring to the widely recognized “meme numbers” that Musk frequently uses in his tweets. However, he eventually reduced the price of the artwork to 569, most likely to sell it faster.
The BAYC#1837 was sold to a moonpay-eth customer. Colin Wu, a blockchain expert, posted that Musk might have used it to indirectly purchase the item.
Although, the only things that contradict that notion are Musk’s relationships with Twitter’s NFT profile photos and the NFT industry. Previously, SpaceX CEO Elon Musk has criticized Twitter’s management team for the number of bots and scammers lurking beneath every tweet.
NFTs are ignoring the crypto market’s catastrophe.
Despite the significant drop in the crypto market, the NFT industry is not adversely affected by the outflows from the market. The floor prices of several top-tier collections have remained the same as they were months ago.
The most recent disruptive incident for the industry was the NFT robbery on the OpenSea platform. To explain, a hacker stole nearly $3 million in NFTs. This included pieces from the Bored Ape Yacht Club and sold them on OpenSea’s competitor platform LooksRare.
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This article is educational material.
As always, make your own research prior to making any kind of investment.
