Following the massive success of the Bored Ape Yacht Club NFT collection on the Ethereum (CRYPTO: ETH) blockchain, a new NFT collection on the competing Solana blockchain called the Degenerate Ape Academy is quickly gaining popularity.
What Happened: The 13th rarest Degenerate Ape NFT was sold on Saturday for $1.1 million. The purchaser, London-based blockchain advisory firm Moonrock Capital, made the announcement via twitter, paying for the NFT with 5980 of Solana’s SOL tokens. Other Degenerate Apes in the collection have sales prices of up to $1.7 million, according to a report....More>>>