Yuga Labs Sewer Pass Hits $20m Trading Volume

Yuga Labs is located at the heart of the NFT space, Boad Ape Yacht Club The NFT collection is rapidly gaining popularity. This trend continues with the Sewer Pass NFT collection, which continues to grow with sales exceeding 12,871 ETH ($20 million). With over 10,000 owners and 54% unique owners, this collection is making waves in the NFT space.

The Bored Ape Yacht Club went wild this week after Yuga Labs unveiled its long-awaited non-fungible token (NFT) project, Sewer Passes. Billed as the latest sensation for both avid crypto collectors and casual crypto investors alike, Sewer Pass launched Wednesday and within hours of its release earned him over $6 million in ETH and has been rising ever since. continuing the trend.

No wonder the Bored Ape Yacht Club is so excited! Sewer Passes promises to deliver a unique, interactive experience that will take the Bored Ape Yacht Club to a whole new level.

what does it entail?

Sewer Path is currently the hottest NFT and has 4 different tiers. These are determined by the number of NFTs held by crypto enthusiasts. For example, her BAYC or MAYC NFT owner who additionally owns her NFT from the Bored Ape Kennel Club NFT collection will instantly get her top tier Sewer Pass for in-game use.

At press time, the starting price for a Tier 1 Sewer Pass NFT is 2.06 ETH on OpenSeaThis is the cheapest Sewer Pass NFT available on the secondary market, worth a whopping $3198.37.

The Sewer Pass allows owners to enter the thrilling world of Dookey Dash, playable from January 19th to February 8th. In-game success is immortalized through a broader narrative experience known as “Chapter 1.” Sewer passes were distributed free of charge on Wednesday to those holding either a Bored Ape Yacht Club (BAYC) or Mutant Ape Yacht Club (MAYC) NFT.

Yuga LabIts entry into the industry was virtually explosive — it launched and acquired two of the biggest NFT projects, Bored Ape Yacht Club (BAYC) and CryptoPunks, both of which were hugely successful. and has reached relationships with some of the major players in the cryptocurrency and NFT space, enabling them to generate a fortune for themselves by selling all NFTs from their associated collections. increase.

Yuga Labs is an established Web3 company in the current crypto space. The company has a final valuation of $4 billion and is currently building an interoperable metaverse ecosystem.

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