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How does the mint date affect the value of Bored Ape NFTs?

avatarArfat GaladimaDec 29, 2021 · 3 years ago1 answers

Can you explain how the mint date of Bored Ape NFTs impacts their value in the digital currency market?

How does the mint date affect the value of Bored Ape NFTs?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    The mint date of Bored Ape NFTs plays a significant role in determining their value. Early minted NFTs are generally more valuable due to their limited supply and the perception of exclusivity. As the mint date gets closer to the present, the number of NFTs in circulation increases, which can lead to a decrease in their value. However, it's important to note that the value of Bored Ape NFTs is not solely determined by the mint date. Factors such as the artwork, rarity, and community demand also contribute to their overall value. Therefore, it's essential to consider multiple factors when evaluating the value of Bored Ape NFTs.