It seems that the tide has finally turned for the Wicked Ape Club collections, after a tumultuous week which saw Wicked Apes floor price tank to a low 0.18 ETH following an official announcement about the release of 90k+ more
skeletal-themed NFTs that was widely seen by the community as a harmful dilution of value for Wicked Apes holders.

As we wrote on Thursday, the team behind the project listened to its community and made a 180 degrees turn, announcing less than a day later that its new roadmap would now solely focus on increasing the value of the existing collections.

One of the immediate measures announced by the team in its revamped roadmap involved the creation of a new token called WCKD to be released on Friday September 17, 2021 and claimable by all Wicked Ape holders (10 tokens per day per ape).

The token is intended to be used on merch, Wicked Racing staking & upgrades, Wicked Ritual Passes “and have more uses as WBC progresses”. It is worth mentioning that WICKD tokens spent on merch and Wicked Racing, etc. will be burnt on use.

Less than a day after its issuance, the WCKD token can be swapped for ETH using Uniswap at a cost of 0,002242152 ETH for 1 WCKD (1 ETH=447 WCKD), or approximately USD 7.75 at press time.

It is of course impossible to infer future WCKD value from today’s value. Prices will probably vary greatly as supply increases and as the market will get a better understanding of concrete WCKD use cases.

Still, a bullish momentum can clearly be observed on the Wicked Bone Club collection daily charts, with Wicked Apes reclaiming the 0.3 ETH floor price support, while Wicked Hounds floor price seemed to consolidate at 0.07 ETH.

Sales volume for both collections remains high for the second day in a row.

At press time, only 103 Wicked Apes were listed below the next floor price support of 0.4 ETH.