Now, moving on to BAYCPUNK. The NFT market has been brutal recently, but the BAYC floor (52) is nearing its ATH. Ape szn’s in full effect, and there’s no denying the momentum this project has. Celebs are joining daily, the Adidas collab was well received, and the community is stronger than ever. The Bored Ape Yacht Club has captured the imagination of the masses and is actively working to provide value and fun for its members.
Meanwhile, the Punk floor (68) is now roughly 40% below its ATH. Larva Labs hasn’t really done much by way of ‘experience’ or ‘community’. Punks are simply punks, the OG PFP project. All PFP projects, including BAYC, exist because of Cryptopunks. Should Larva Labs ‘do something’ or should punks simply exist and be valued based on their own OG chadness? We’ll let the market decide….soon™.
*I own 1 punk, 1 ape, 1 M2, and 1 M1.