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Elon Musk Is Supposed to Have Paid Almost 600 ETH for Bored Ape NFT

The top-tier Bored Ape NFT artwork, with the number 1,837, was sold to an anonymous buyer for about 600 ETH, according to NFT collector Derek.eth on Twitter. To put a value on the item, Deepak (Derek) was previously asking 690.420 ETH, a reference to Musk’s well-known “meme numbers.” To help sell the item more quickly, he dropped the price from a starting price of 1,069 to 569 later on.

However, since it was sold to the moon pay-eth buyer, Musk no longer has access to the BAYC#1837. Colin Wu, a blockchain expert, also tweeted about the theory. NFT-related Twitter profiles and the NFT industry, in general, are the only things that contradict the notion. CEO of Tesla and SpaceX, Elon Musk, has previously criticized Twitter’s management team for the plethora of bots and scammers under every tweet connected to NFT and cryptocurrency.

Founder of Dogecoin, Mikko Hypponen, joined Musk in criticizing Twitter’s inaction in protecting the platform from spammers and bots.

NFTs Fail to See The Massacre in the Crypto Market

In spite of the crypto market’s enormous withdrawals, the NFT business appears to be unaffected. Floor prices have stayed stable in numerous premium collections for some time now.

OpenSea’s NFT robbery, in which a hacker was able to take over $3 million worth of NFTs, including pieces from the Bored Ape Yacht Club, was the most recent disruptive occurrence in the business.

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