$APE just completed its 4-year vesting schedule.
Every single token is now unlocked.
The numbers tell the story:
ATH: $23 (April 2022)
Today: $0.10
Down 99.5%
Everyone who wanted out is out. VCs cashed their vests. Flippers flipped. Tourists left.
Only holders remain.
80M market cap for one of the most recognizable brands in all of crypto.
Bored Apes defined an entire era of web3.
The brand awareness alone is worth more than most tokens in the top 500.
4 years of constant dilution is done.
What happens next is up to the market, but for the first time since launch, $APE gets a fair shot
Since it’s Mutant Monday here in 🇯🇵, let’s talk about MAYC:
🧪 Back in Aug 2021, they minted for 3ETH (~$10K)
🧪 Its ATH is at 42ETH before Otherside drop
🧪 And now, it hit its all-time low in ETH price at 1.4ETH ($6.7K)
🧪 Mutants are once the top PFP outside BAYC & Punks. Now, there are 7 NFT PFPs more expensive than them:
- Punks
- Pudgy Penguins
- BAYC
- Moonbirds
- Milady
- Azuki
🧪 MAYC:BAYC ratio is historically 5:1. Now, it’s 7:1
Flipping MAYC in FP used to be a badge of honor for a lot of PFPs. Now, dumpers flip MAYC like pancakes
I still think MAYC is gmi. I hope to see more brand building for MAYC tho apart from BAYC. I think it can have interesting lore as our mutated brothers
I still think MAYC is the best secondary collection ever made. The mutation mechanics is still unmatched
I still think MAYC can be great again
Make MAYC great again ✊