Back in 2021 and 2022, owning a Bored Ape Yacht Club (BAYC) NFT was more than just possessing a digital image. It represented a certain status, cultural importance, and membership to an exclusive community within the emerging Web3 landscape. Aided by celebrity endorsements, valuable airdrops, and in-person events, the Bored Ape Yacht Club swiftly became an emblem of the explosive NFT market. The situation has evolved considerably since then. While the project still carries significant weight within the NFT sphere, its viability as a financial investment is now facing greater examination.

Current Snapshot

As of July 2025, the lowest price you can buy a BAYC NFT for, known as the floor price, hovers around 11.4 ETH, which translates to approximately $40,000 USD. This marks a substantial decrease from its peak in early 2022, when individual apes frequently sold for prices at or above 75 ETH. While daily trading activity remains comparatively robust compared to many other NFT collections, it has notably decreased from its former frenzied heights.

Highly sought-after “grail” apes possessing rare characteristics continue to capture the interest of collectors hoping to acquire (or quickly resell) them. However, the majority of recent sales have occurred near the floor price. Although liquidity remains present, it is considerably reduced compared to the market’s peak, a trend observed across most surviving projects.

The Bull Case

Despite the overall market correction, BAYC remains a recognizable NFT brand. Yuga Labs, the company behind the project, is actively progressing with its Otherside metaverse and continues to integrate ApeCoin into the broader ecosystem.

The Bored Ape community maintains a relatively strong presence, with ongoing events and collaborative ventures sustaining engagement. Furthermore, holders retain intellectual property rights over their respective apes, allowing them to develop commercial projects or license their digital artwork.

These factors continue to set BAYC apart from numerous other NFT collections and may contribute to its long-term brand sustainability.

The Bear Case

Conversely, the significant price drop reflects a broader change in attitudes towards NFTs. Much of the initial value was fueled by intense excitement, speculation, and promises of future benefits. Many of the key incentives and airdrops have already been distributed, raising questions about what future value they have.

Interest from outside the Web3 community has waned. While some celebrities still maintain ownership of their apes, the project is no longer at the forefront of popular culture. Regulatory ambiguity surrounding NFTs and digital tokens adds an additional layer of risk, especially for projects featuring their own currencies or commercial licensing arrangements.

Liquidity is another point of concern. Even at reduced prices, rapidly selling high-value NFTs can present challenges. This introduces risk for individuals treating BAYC as a short-term investment.

Conclusion

Deciding whether investing in a Bored Ape today is a worthwhile endeavor depends on your individual risk tolerance and your belief in the long-term prospects of NFT culture and digital ownership. The core components of the project remain intact, but the market landscape has transformed, and the future trajectory is uncertain, so much so that not even the best online casinos could predict the probability of success in the market.

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*All investment/financial opinions expressed by NFT Plazas are derived from the personal research and experiences of our website moderators and are intended solely as educational information. Individuals are expected to thoroughly investigate any product prior to making any form of investment.

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