Thanks to the owner’s typo error, someone just bought a BAYC NFT for a bargain of $3000. Guess we can say Christmas came early because the floor price of BAYC is currently at 53.75 ETH. Meaning you can buy the cheapest BAYC for $203,000, representing a bargain of almost 70%!
The Story Behind the BAYC Bargain
According to reports, the owner who goes by the username maxnaut intended to list the NFT for 75 ETH or about $300,000. However, he made a typo error and entered a listing price of 0.75 ETH rather than 75 ETH. Hence, the costly mistake!
He explained that the incident happened because of a “lapse of concentration.” He added that he lists “a lot of items every day and just wasn’t paying attention properly.”
Unfortunately for him, it was a costly mistake. Before he could reverse the mistake, someone snatched the BAYC NFT faster than he could blink. In fact, the buyer of the discounted NFT even went on to pay an extra fee of $34,000 to secure the NFT instantly before anyone could make a move.
The NFT is currently listed for a whopping $248,000, giving tons of margins.
More About BAYC
BAYC is one of the most successful NFT Collections in the space. Aside from doing well commercially and inspiring companion Collections like the Mutant Ape Yacht Club, it has also pulled in famous celebrities and athletes. Recently, Jimmy Fallon, Stephen Curry and Post Malone aped in.
So what’s next for BAYC? Check out Roadmap 2.0 to find out where the exciting club is headed!