Elon Musk is said to have purchased Bored Ape NFT for about 600 ETH

Tesla and SpaceX CEO Elon Musk could be the buyer of this top-tier NFT piece.

According to NFT collector Derek.eth on Twitter, the top-tier Bored Ape NFT item, with the number 1,837, has been sold to an unidentified bidder who paid nearly 600 ETH for it.

Deepak (Derek) was previously selling the piece for 690.420 ETH, a reference to well-known “meme numbers” that Musk frequently uses in his tweets. However, he eventually reduced the price of the sculpture to $569 in order to sell it more quickly.

The BAYC#1837 was sold to a moonpay-eth buyer, which Musk might have used to purchase the item indirectly. Colin Wu, a blockchain insider, also published the theory on his Twitter account.

Musk’s relationships with Twitter NFT profile photos and the NFT industry in general are the only item that contradicts the notion. Tesla and SpaceX CEO Elon Musk has already chastised Twitter’s management team for the large number of bots and scammers lurking beneath every tweet about NFTs and cryptocurrencies.

Along with Musk, the Dogecoin developer and co-founder slammed Twitter’s lack of action to protect the social media network from scammers and bots.


NFTs are oblivious to the crypto market’s carnage.

Despite the crypto market’s sharp downturn, the NFT business does not appear to be suffering as much from the big outflows. Several top-tier collections’ floor prices stayed unchanged from months ago.

The NFT robbery on the OpenSea platform, in which a hacker was able to steal nearly $3 million worth of NFTs, including pieces from the Bored Ape Yacht Club, and sell them on OpenSea’s competitor platform LooksRare, was the most recent disruptive event for the industry.


Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

Leave a Comment

Your email address will not be published. Required fields are marked *


Recent Posts

Follow Us