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Bored Ape Yacht Club

Mar 22, 2022 | Metaverse

BAYC startup Yuga Labs had a busy month. On Mar. 16, its ApeCoin DOA launched ApeCoin with a market cap of $3.2 billion. On Mar. 19, BAYC announced the Otherside metaverse, which generated $561 million in Otherdeed NFT sales. Then on Mar. 22, Yuga Labs raised $450 million at a $4 billion valuation — going apeshit personified.

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