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How does the rarity of Bored Ape #2087 affect its value in the digital currency space?

avatarAljerreau HartDec 27, 2021 · 3 years ago1 answers

In the digital currency space, how does the rarity of Bored Ape #2087 impact its value? What factors contribute to the rarity of this particular Bored Ape? How does rarity affect the demand and price of Bored Ape #2087? Are there any historical examples of rare digital assets experiencing significant value appreciation?

How does the rarity of Bored Ape #2087 affect its value in the digital currency space?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    As an expert in the digital currency space, I can confirm that the rarity of Bored Ape #2087 has a significant impact on its value. The scarcity of this specific Bored Ape makes it a desirable asset among collectors and investors. The limited supply and high demand create a competitive market, driving up the price. Rarity adds a sense of exclusivity and uniqueness to digital assets, making them more valuable in the eyes of buyers. It's important to note that rarity alone is not the sole determinant of value, but it is a crucial factor that contributes to the overall worth of Bored Ape #2087.