Someone mistakenly sold a BAYC NFT worth $300,000 for just $3,000.

    All of us know about the fact that how much Bored Ape Yacht Club is valued. They are the most expensive NFT globally and have a starting range of 52 Ethereum. We all fantasize about owning a BAYC NFT one day because they can make us billionaires in the future. However, it might tell you that someone just got the opportunity to buy this Bored Ape Yacht Club NFT for just $3,000. Yes, you heard it right. That person was so lucky that he got the opportunity to own it, and his fortune changed overnight. He was a millionaire in just a few hours. 

    Bored Ape Yacht Club NFTs

    Those who still don’t know about BAYC NFT or just heard about it. BAYC NFT is a collection of 10,000 unique Bored Ape, which Yuga Labs created. This collection is super rare and unique and has seen over half a billion-dollar sales after its introduction. It is one of the most expensive NFT collections out in the world, and owning them is a sense of pride for most collectors. Many celebrities and famous businessmen or businesswomen have owned this NFT. They have shown it openly on their social platform or in public which has created a positive mindset in the mind of people and also made them believe that they are super rare and expensive, which makes them more valuable. 

    How does this happen?

    According to a report by CNET, the BAYC NFT was sold for a low price of just $3,000. This was done mistakenly by the BAYC NFT owner, Maxnaut, who said that he made a typing mistake, and instead of typing 75 ETH, he typed only 0.75 ETH. He just only listed this NFT for 0.75 ETH. Max told CNET that he is an active NFT seller and collector, and he lists many NFTs in the day. This mistake was made due to a lack of concentration, which cost him more than $270,000. 

    He further added that he realized his mistake and tried to reverse it. It was very much late then. Someone has seen this error and capitalized this. He quickly buys this BAYC NFT at a lower price tag and pays whopping extra gas fees of $34,000 to seal the deal soon. Max tries to stop the sale, but it is already done, and the buyer has become a millionaire now by just investing in this misfortune done by Max. Now, this NFT is currently listed for $248,000, which means that the buyers, if he sold it today, would make an insane profit of over $200,000 in just a few days.

    In addition to this, the owners of the famous NFT collection will launch their own Ethereum based crypto-token in early 2022. According to new research conducted by Cointelegraph, NFT sales are expected to reach $17.7 billion by the end of 2022, which means that more people is going to enter the space of NFT, which is a good thing because it will ensure the longevity of the NFT space and will encourage different artists to come and compete in this space.  

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