A LOOK BACK AT BAYC

Summary from the TLDR Crypto newsletter

BAYC was minted in May 2021 for 0.08 ETH each. Later that year, it saw acquisitions from Jimmy Fallon, Justin Bieber, and Steph Curry. The value of a mint plus airdrops peaked at $800,000 in May 2022 before spiraling downward as parent company Yuga acquired dozens of other projects and failed to pivot into a gaming company, which saw apes fall to an 8 ETH floor.