Bored Ape Yacht Club (BAYC) Review ./ #Part 02 .
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Assalamualaikum. Hope everyone is well. I am very well by the grace of Allah. Again I am going to share a new post with you. Hope everyone will benefit.
Today I am back with a new post. Today I will discuss Bored Ape Yacht Club (BAYC) among you. Earlier I have published part 01 about Bored Ape Yacht Club (BAYC). Today I am going to reveal part 02 to you. So let's start.
Is Bored Ape Yacht Club (BAYC) a good investment?
We can undoubtedly say that the current best NFT in the NFT world is Bored Ape Yacht Club (BAYC). No NFT has become popular in such a short time as Bored Ape Yacht Club (BAYC). The Bored Ape Yacht Club (BAYC) NFT community is as strong and popular as this NFT.
If something digital gains popularity in the market, then its price increases day by day. I think the price of Bored Ape Yacht Club (BAYC) will continue to increase as other NFTs go up day by day.
Bored Ape Yacht Club (BAYC) has a fixed supply of this NF due to the price increase by the day. Bored Ape Yacht Club (BAYC) Total Supply 10000 It looks almost like a monkey. More or less 90% of people in the world like monkeys. Hence, Bored Ape Yacht Club (BAYC) became very popular within a short period of time.
Now I will discuss with you why this NFT is so popular? Why is this NFT everyone's favorite?
Social Status:
Bored Ape Yacht Club (BAYC) is very popular on social media. The most popular social media is Twitter. Because among all the social media in the world today, the most famous persons use Twitter. Everything from the internet world to the real world is shared on Twitter. Bored Ape Yacht Club (BAYC) is very popular on Twitter. Many celebrities in the world have put this NFT as their profile picture.
Community:
The better community an NF has, the more popular it will be. Because the future of that NFT depends on the community. Bored Ape Yacht Club (BAYC) is a very large community in the NFT world. Many professional developers work together in this club and they have a lot of working experience. If a person buys Bored Ape Yacht Club (BAYC) they will be considered a member of this club.
Limited Supply:
From NFT to cryptocurrency, their future depends on their Max Supply and Circulating Supply. Investors are interested in their total supply. Everyone invests in the community where NFT or cryptocurrency total supply is limited. Bored Ape Yacht Club (BAYC) has a total supply of 10000 NFT.
Rarity:
It's not just the community or their total supply that attracts people or investors. What attracts investors is the creativity of these NFTs. Such as how it looks, what is the color of the skin, what is the shape of its eyes, what is its fur, etc.
Profitability:
This is a very important matter. Because you invest in something with the hope of profit, no one invests with the hope of loss. So investing in an NFT is done after a lot of analysis. The value of an NFT depends on its future. The value of NFTs will increase or decrease in the future depending on the factors I discussed above, their community, their activities, etc. I think the Bored Ape Yacht Club (BAYC) does all of the above perfectly. That is why this NFT is so popular.
So friends, as of today, everyone will be fine, stay healthy and take care of yourself. God is Hafez.
I am Md. Ebrahim Islam Nahid. Everyone calls me Nahid. I am Bangladeshi. I am an Electrical Engineer. I love reading books, writing and creating new things. I try to express myself and evaluate the opinions of others.
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I saw your first post about BAYC. I enjoyed watching the 2nd part today. It is a very popular nft. It has highlighted many important facts about it. Overall a nice review.
You gave a very nice explanation about BAYC and it is a very popular NFT. Seeing your second step made me understand a lot and the idea grew a lot. Thank you, I hope you will benefit from this in the future.
You gave a very nice explanation about BAYC and it is a very popular NFT. Seeing your second step made me understand a lot and the idea grew a lot. Thank you, I hope you will benefit from this in the future.