The 9GAG social media platform from Memeland has been loading up on high-priced Bored Ape Yacht Club (BAYC) nonfungible tokens (NFTs).
On Feb. 6, Memeland spent almost 800 ETH to purchase eight Bored Ape Yacht Club (BAYC) NFTs, all of which included the rare hat accessory traits.
The most recent one was BAYC 4024, which Memeland bought for 93.8 ETH (~$152,000). The most expensive of the eight was BAYC 2059, purchased for 132.7 ETH or around $215,000.
The total amount for the buying spree was 796.87 ETH or around $1.3 million at current prices.
9GAG Loading Up on BAYC NFTs
9GAG is an online platform and social media website based in Hong Kong. It allows its users to upload and share user-generated content or other content from external social media websites.
Memeland is a web3 venture studio that aims to bring ownership to every community in the world. It claims that 9GAG now has a “global audience of 200 million across…