Yuga Labs NFTs Surge Following Latest Trial Of Jimmy Monkey Announcement!

Yuga Labs NFTs Surge Following Latest Trial Of Jimmy Monkey Announcement! 

Multiple Yuga Labs NFT collections saw their numbers rise massively these past 24 hours thanks to their latest announcement which has boosted excitement from the community.

Jimmy Monkey Announcement

Last month, Yuga Labs, the team behind some massive NFT collections including Bored Ape Yacht Club, Mutant Ape Yacht Club, CryptoPunks, Meebits, Bored Ape Kennel Club and more announced that “The Trial of Jimmy The Monkey” was coming this Christmas, a project which had seemingly been in the works for quite some time now.

Now the team has posted even more information about the upcoming trial, explaining that it will be kicked off Tomorrow with a short film to start “a new chapter in the lore of BAYC.”

More details about the trial will be released “along the way” with a promised free, playable, interactive mint experience for Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT holders coming in late January next year.

Related: Yuga Labs Hires Activision Blizzard Head As Next CEO!

The team also explains that holders will be separated into different hierarchies and tiers, depending on whether they own a BAYC, BAKC, or MAYC NFT.

Yuga Projects Surge

Following this announcement, multiple Yuga Labs based collections saw a massive increase in their trading volumes including Bored Ape Yacht Club, Mutant Ape Yacht Club and Bored Ape Kennel Club.

According to data from CryptoSlam, Bored Ape Kennel Club NFTs saw the biggest surge, recording an increase in trading volume of more than 700% within the last 24 hours.

Bored Ape NFTs also recorded more than a 130% surge while Mutant Ape NFTs saw an increase of up to 270% in trading volume within the past 24 hours.

BAKC also saw a massive increase in their floor price, rising by more than 30% to a floor price of 8.13 ETH at the time of writing.

Related: SBF Defies Legal Advice, Set For Extradition To U.S

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