Prior to the launch of the Otherside metaverse, the minimum price of non-fungible tokens (NFTs) from the Bored Ape Yacht Club (BAYC) collection has hit an all-time high of more than $430,000.
According to CryptoSlam, BAYC ranks third among NFT collections in terms of trading volume with over $1.9 billion.
The launch of Otherside is expected to take place on May 1. The Yuga Labs team will then release 55,000 NFT Otherdeeds at a price of 305 APE.
The ApeCoin (APE), which was launched last month, has hit an all-time high of $26.7, according to CoinGecko.
Dune Analytics has reported that about 7500 wallets hold from 305 APE to 610 APE, another 24,400 hold more than 610 APE. The project team has introduced a limit on the number of tokens available for purchase – 2 NFTs per address.