Bored Ape Yacht Club Creator Buys IP Rights to Cryptopunks and Meebits

With the rise of popularity of NFTs, the creator of the famed Bored Ape Yacht Club NFT collection has just bought the IP rights of both Meebits and Cryptpunks. After the purchase, the floor price for both PUNKS and BAYC were up by 10%.

Yuga Labs Just Bought Cryptopunks and Meebits

According to the tweet by CoinGecko, BAYC's creator, Yuga Labs, just purchased the IP rights for both the Meebits collection and Cryptopunks collection. To add, Meebits increased by more than 23% in the last 24 hours.

With BAYC's acquisition, a large number of the top NFTs have also increased in volume. The CoinGecko tweet announced the list, including the top NFT projects based on market cap.

Here are the Top NFTs and Their Price Changes

Bored Ape Yacht Club

• Floor price: 80 ETH

• 24 hour change: 9.9 percent increase

• Market cap: 799,920 ETH

• Owners: 6,376

• Total assets: 9,999

CryptoPunks

• Floor price: 75.95 ETH

• 24 hour change: 11.7 percent increase

• Market cap: 759,424.05 ETH

• Owners: 3,426

• Total assets: 9,999

LAND

• Floor price: 2.80279 ETH

• 24 hour change: 2.2 percent

• Market cap: 466,280.55 ETH

• Owners: 20,274

• Total assets: 166,363

Mutant Ape Yacht Club

• Floor price: 18.5 ETH

• 24 hour change: 17.8 percent

• Market cap: 332,944.5 ETH

• Owners: 11,856

• Total assets: 17,997

CloneX

• Floor price: 11.2 ETH

• 24 hour change: negative 1.3 percent

• Market cap: 213,528 ETH

• Owners: 8,533

• Total assets: 19,065

VeeFriends

• Floor price: 14 ETH

• 24 hour change: negative 2.3 percent

• Market cap: 143,570 ETH

• Owners: 5,247

• Total assets: 10,255

Meebits

• Floor price: 5.89 ETH

• 24 hour change: 23.4 percent

• Market cap: 117,800 ETH

• Owners: 5,987

• Total assets: 20,000

Doodles

• Floor price: 10.95 ETH

• 24 hour change: 10.00 percent

• Market cap: 109,500 ETH

• Owners: 3,990

• Total assets: 10,000

NFT Worlds

• Floor price: 9.99 ETH

• 24 hour change: 7.4 percent

• Market cap: 99,900 ETH

• Owners: 1,453

• Total assets: 10,000

Azuki

• Floor price: 8.9 ETH

• 24 hour change: 1.1 percent

• Market cap: 89,000 ETH

• Owners: 6,557

• Total assets: 10,000

Read Also: Top SOL NFT Games Based on Social Engagement: All the Games You Need to Know

What are Yugo Labs Plans for Cryptopunks and Meebits

As per the announcement by Yugo Labs, they have just bought out both Cryptopunks and Meebits collections from its initial owners, Larva Labs. As announced, the first thing that the new owners plan to do is give the full commercial rights directly to the NFT holders.

This is the same thing that Yugo Labs did for the owners of the BAYC and MAYC owners.

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This article is owned by Tech Times

Written by Urian B.