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Can Bored Ape Yacht Club revolutionize CryptoPunk? By Cointelegraph

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0.08 Ether rises from low price (ETH)Bored Ape Yacht Club (BAYC) has become a non-fungible token (NFT) star, competing with Larva Labs CryptoPunk, one of the oldest examples of NFT.

In view of the steady but amplified growth, BAYC is speculating that its collection will “flip” CryptoPunks to BAYC by various cryptocurrencies, and there are several reasons to protect it.

7 day Bored Ape Yacht Club floor price. Source: OpenSea
BAYC versus CryptoPunk price performance. Source: Delphi Digital
List of Top 10 CryptoPunks Owners. Source: LarvaLabs
Percentage of Apes with top 50 holders. Source: Dune Analytics