Last time we wrote about the Wicked Ape Bone Club (“WABC”), it was coming back from a historic low .2 floor price and had just managed to reclaim the .3 mark.
Since then, this bullish trend took the floor price to around .75 ETH on September 26, before dipping to .55 ETH and stabilizing around the .6 mark.
The floor price is currently sitting at the .6 mark or slightly below since a few days, with a rather low sales volume.
Given the general state of the NFT market right now, with many collections bleeding across the market, the fact that WABC floor price shows such heavy support at the .6 ETH mark despite low sales volumes is quite remarkable and indicates that holders are not in a rush to sell their tokens and are happy to hold them for the moment. Chances are that prices will go back up once liquidity comes in.
For a deeper analysis of Wicked Ape Bone Club price history and token distribution we strongly recommend to have a look at this Twitter thread made by a WBC holder named @dimitrieth.
Wicked Hounds on the Move
After weeks of sitting at around the .05 ETH mark, Wicked Hounds finally started to pick up some steam around September 26, and reached an ATH floor price of .3 ETH on October 2. It has since went down and stabilized around .15 ETH.
This sudden price increase was undoubtedly linked to an official announcement on the WBC Discord server about future utility for hounds, mainly the ability to mint a Wicked monster end October provided the user performing the ritual has two hounds and one ape, as well as 300 $WCKD.
As for now, the .15 ETH mark seems to act as a firm and support consolidation price for Wicked Hounds, and we can probably expect another surge in price the closer we get to the Wicked Monster launch date.
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