• bitcoinBitcoin (BTC) $ 66,191.00
  • bitcoinBitcoin (BTC) $ 66,191.00
  • ethereumEthereum (ETH) $ 1,955.32
  • ethereumEthereum (ETH) $ 1,955.32
  • tetherTether (USDT) $ 0.998155
  • tetherTether (USDT) $ 0.998155
  • bnbBNB (BNB) $ 654.08
  • bnbBNB (BNB) $ 654.08
  • xrpXRP (XRP) $ 1.25
  • xrpXRP (XRP) $ 1.25
  • usd-coinUSDC (USDC) $ 0.999776
  • usd-coinUSDC (USDC) $ 0.999776
  • solanaSolana (SOL) $ 82.66
  • solanaSolana (SOL) $ 82.66
  • jusdJUSD (JUSD) $ 0.999053
  • tronTRON (TRX) $ 0.276243
  • jusdJUSD (JUSD) $ 0.999053
  • tronTRON (TRX) $ 0.276243
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • dogecoinDogecoin (DOGE) $ 0.091943
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • dogecoinDogecoin (DOGE) $ 0.091943
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.00
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 49.54
  • whitebitWhiteBIT Coin (WBT) $ 49.54
  • bitcoin-cashBitcoin Cash (BCH) $ 480.56
  • bitcoin-cashBitcoin Cash (BCH) $ 480.56
  • cardanoCardano (ADA) $ 0.258324
  • cardanoCardano (ADA) $ 0.258324
  • usdsUSDS (USDS) $ 0.999725
  • usdsUSDS (USDS) $ 0.999725
  • wrapped-stethWrapped stETH (WSTETH) $ 2,779.67
  • hyperliquidHyperliquid (HYPE) $ 33.01
  • wrapped-stethWrapped stETH (WSTETH) $ 2,779.67
  • hyperliquidHyperliquid (HYPE) $ 33.01
  • leo-tokenLEO Token (LEO) $ 7.05
  • leo-tokenLEO Token (LEO) $ 7.05
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 76,243.00
  • ethena-usdeEthena USDe (USDE) $ 0.997884
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 76,243.00
  • ethena-usdeEthena USDe (USDE) $ 0.997884
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
  • canton-networkCanton (CC) $ 0.162299
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
  • canton-networkCanton (CC) $ 0.162299
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 2,466.93
  • moneroMonero (XMR) $ 320.19
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 2,466.93
  • moneroMonero (XMR) $ 320.19
  • chainlinkChainlink (LINK) $ 8.35
  • chainlinkChainlink (LINK) $ 8.35
  • usd1-wlfiUSD1 (USD1) $ 0.999590
  • usd1-wlfiUSD1 (USD1) $ 0.999590
  • wrapped-eethWrapped eETH (WEETH) $ 2,465.31
  • stellarStellar (XLM) $ 0.152282
  • wrapped-eethWrapped eETH (WEETH) $ 2,465.31
  • stellarStellar (XLM) $ 0.152282
  • daiDai (DAI) $ 0.999371
  • daiDai (DAI) $ 0.999371
  • susdssUSDS (SUSDS) $ 1.08
  • litecoinLitecoin (LTC) $ 53.06
  • susdssUSDS (SUSDS) $ 1.08
  • litecoinLitecoin (LTC) $ 53.06
  • avalanche-2Avalanche (AVAX) $ 8.84
  • avalanche-2Avalanche (AVAX) $ 8.84
  • zcashZcash (ZEC) $ 219.10
  • zcashZcash (ZEC) $ 219.10
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 76,366.00
  • suiSui (SUI) $ 0.941639
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 76,366.00
  • suiSui (SUI) $ 0.941639
  • paypal-usdPayPal USD (PYUSD) $ 0.999546
  • paypal-usdPayPal USD (PYUSD) $ 0.999546
  • hedera-hashgraphHedera (HBAR) $ 0.080581
  • hedera-hashgraphHedera (HBAR) $ 0.080581
  • wethWETH (WETH) $ 2,268.37
  • shiba-inuShiba Inu (SHIB) $ 0.000006
  • wethWETH (WETH) $ 2,268.37
  • shiba-inuShiba Inu (SHIB) $ 0.000006
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.119306
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.119306
  • the-open-networkToncoin (TON) $ 1.33
  • the-open-networkToncoin (TON) $ 1.33
  • usdt0USDT0 (USDT0) $ 0.998824
  • rainRain (RAIN) $ 0.009047
  • usdt0USDT0 (USDT0) $ 0.998824
  • rainRain (RAIN) $ 0.009047
  • crypto-com-chainCronos (CRO) $ 0.074022
  • crypto-com-chainCronos (CRO) $ 0.074022
  • memecoreMemeCore (M) $ 1.49
  • memecoreMemeCore (M) $ 1.49
  • tether-goldTether Gold (XAUT) $ 4,838.27
  • tether-goldTether Gold (XAUT) $ 4,838.27
  • pax-goldPAX Gold (PAXG) $ 4,876.67
  • pax-goldPAX Gold (PAXG) $ 4,876.67
  • polkadotPolkadot (DOT) $ 1.31
  • polkadotPolkadot (DOT) $ 1.31
  • uniswapUniswap (UNI) $ 3.33
  • uniswapUniswap (UNI) $ 3.33
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.22
  • mantleMantle (MNT) $ 0.622091
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.22
  • mantleMantle (MNT) $ 0.622091
  • falcon-financeFalcon USD (USDF) $ 0.994579
  • falcon-financeFalcon USD (USDF) $ 0.994579
  • bitget-tokenBitget Token (BGB) $ 2.71
  • bitget-tokenBitget Token (BGB) $ 2.71
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aaveAave (AAVE) $ 111.84
  • aaveAave (AAVE) $ 111.84
  • hashnote-usycCircle USYC (USYC) $ 1.11
  • hashnote-usycCircle USYC (USYC) $ 1.11
  • bittensorBittensor (TAO) $ 166.99
  • bittensorBittensor (TAO) $ 166.99
  • global-dollarGlobal Dollar (USDG) $ 0.999639
  • global-dollarGlobal Dollar (USDG) $ 0.999639
  • htx-daoHTX DAO (HTX) $ 0.000002
  • htx-daoHTX DAO (HTX) $ 0.000002
  • pepePepe (PEPE) $ 0.000004
  • pepePepe (PEPE) $ 0.000004
  • okbOKB (OKB) $ 73.09
  • okbOKB (OKB) $ 73.09
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.15
  • ripple-usdRipple USD (RLUSD) $ 1.00
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.15
  • ripple-usdRipple USD (RLUSD) $ 1.00
  • nearNEAR Protocol (NEAR) $ 1.05
  • nearNEAR Protocol (NEAR) $ 1.05
  • skySky (SKY) $ 0.058498
  • skySky (SKY) $ 0.058498
  • pi-networkPi Network (PI) $ 0.150046
  • pi-networkPi Network (PI) $ 0.150046
  • bfusdBFUSD (BFUSD) $ 0.997873
  • bfusdBFUSD (BFUSD) $ 0.997873
  • ethereum-classicEthereum Classic (ETC) $ 8.44
  • ethereum-classicEthereum Classic (ETC) $ 8.44
  • internet-computerInternet Computer (ICP) $ 2.36
  • internet-computerInternet Computer (ICP) $ 2.36
  • pump-funPump.fun (PUMP) $ 0.002093
  • pump-funPump.fun (PUMP) $ 0.002093
  • aster-2Aster (ASTER) $ 0.499702
  • aster-2Aster (ASTER) $ 0.499702
  • myx-financeMYX Finance (MYX) $ 6.14
  • myx-financeMYX Finance (MYX) $ 6.14
  • ondo-financeOndo (ONDO) $ 0.238262
  • ondo-financeOndo (ONDO) $ 0.238262
  • gatechain-tokenGate (GT) $ 6.78
  • gatechain-tokenGate (GT) $ 6.78
  • hash-2Provenance Blockchain (HASH) $ 0.020081
  • hash-2Provenance Blockchain (HASH) $ 0.020081
  • kucoin-sharesKuCoin (KCS) $ 8.17
  • kucoin-sharesKuCoin (KCS) $ 8.17
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.03
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.03
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.00
  • worldcoin-wldWorldcoin (WLD) $ 0.365482
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.00
  • worldcoin-wldWorldcoin (WLD) $ 0.365482
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.094952
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.094952
  • ethenaEthena (ENA) $ 0.119717
  • ethenaEthena (ENA) $ 0.119717
  • usddUSDD (USDD) $ 0.998190
  • usddUSDD (USDD) $ 0.998190
  • cosmosCosmos Hub (ATOM) $ 1.87
  • cosmosCosmos Hub (ATOM) $ 1.87
  • jito-staked-solJito Staked SOL (JITOSOL) $ 124.46
  • usdtbUSDtb (USDTB) $ 0.997627
  • jito-staked-solJito Staked SOL (JITOSOL) $ 124.46
  • usdtbUSDtb (USDTB) $ 0.997627
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,404.69
  • official-trumpOfficial Trump (TRUMP) $ 3.64
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,404.69
  • official-trumpOfficial Trump (TRUMP) $ 3.64
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.98
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.98
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,262.26
  • aptosAptos (APT) $ 1.09
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,262.26
  • aptosAptos (APT) $ 1.09
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,631.35
  • algorandAlgorand (ALGO) $ 0.092633
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,631.35
  • algorandAlgorand (ALGO) $ 0.092633
  • flare-networksFlare (FLR) $ 0.009008
  • flare-networksFlare (FLR) $ 0.009008
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999945
  • midnight-3Midnight (NIGHT) $ 0.045297
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999945
  • midnight-3Midnight (NIGHT) $ 0.045297
  • kaspaKaspa (KAS) $ 0.027893
  • kaspaKaspa (KAS) $ 0.027893
  • wbnbWrapped BNB (WBNB) $ 759.61
  • filecoinFilecoin (FIL) $ 0.932425
  • wbnbWrapped BNB (WBNB) $ 759.61
  • filecoinFilecoin (FIL) $ 0.932425
  • ignition-fbtcFunction FBTC (FBTC) $ 76,389.00
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • ignition-fbtcFunction FBTC (FBTC) $ 76,389.00
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11

Critics attack Bored Ape expenditures, pushover members

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Critics attack Bored Ape expenditures, pushover members

The Bored Ape Yacht Club (BAYC) was in the news again this weekend for all the wrong reasons. Critiques of their decadent expenditures, delayed metaverse, and gullible members earned hundreds of thousands of views.

First, a new critique of the innumerable thefts of Bored Ape holders went viral. Laughing at the thought of an obvious phishing website convincing a Bored Ape holder to enter their private key, the claptrap earned thousands of likes.

This critique hearkened to many successful thefts of Bored Apes by even moderately sophisticated black hat coders. For many years, gullible BAYC members have voluntarily clicked buttons in their wallets, visited malicious websites, fallen for Ponzi schemes, and believed inauthentic messages about airdrops or migrations.

It has become something of a running joke in the crypto community to poke fun at BAYC members for poor operational security (OpSec) and inexperienced crypto safekeeping.

Hundreds of millions in expenditures, still no Bored Ape club

Another critique of BAYC went viral this weekend. Estimating the cost of its yet-to-be-released metaverse and other marketing expenditures at nearly half a billion dollars, someone simply asked why the club had not simply built a physical club for a fraction of that cost.

That obvious question earned 300,000 impressions and hundreds of concurring comments.

“This is lowkey facts,” said one. “Will never see completion,” added another commenter. “I’ve been saying this for years, and I will keep saying it,” said another.

Once a community holding cartoon pictures on Ethereum’s blockchain worth 153 ETH apiece or more as of May 1, 2022, the floor price for these Non-Fungible Tokens (NFTs) is now less than 14.5 ETH.

Critics attack Bored Ape expenditures, pushover members

Expressed in dollars across that time period, the floor price of BAYC NFTs has declined 95% from $436,000 to $23,700.

Source

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