Even though non-fungible tokens have been circulating since 2015, their popularity has only recently begun to skyrocket in the year 2021. Being the owner of an NFT is analogous to being the owner of a physical work of art; however, all transactions relating to the NFT are recorded on the blockchain, and being a member of an NFT community can gain you specific rights and incentives.
The growing excitement has resulted in the introduction of hundreds of new initiatives each and every week. However, a number of these have turned out to be rug pulls or scams, which makes it quite difficult to navigate one’s way around the NFT arena.
In this post, we will take a more in-depth look at Prime Ape Planet NFTs, discussing topics such as their price, price forecasts for 2022, user benefits, floor price, and more. In addition to that, we will analyze the most exciting NFT that we are investing in this year.
What exactly are NFTs for Prime Ape Planet?
Users who own NFTs not only receive the rights to the digital art but also become a part of a digital community consisting of other investors in the project in question. In this regard, Prime Ape Planet is not unlike any other show.
Kurtis Dawe, Travis Smith, and Chris Hogstead, three of the most accomplished digital designers working today, conceived and developed the project. This explains why the artwork in Prime Ape NFTs is of such a high quality; all of the artists have over a decade of experience working in Hollywood on projects ranging from visual effects to costuming.
Since the Prime Apes project began minting its coins, all of which were purchased within the first half an hour, a total of almost 84 million dollars’ worth of Ethereum has been transacted. The project’s Discord server, which is where investors congregate to talk to one another, vie for whitelist seats, and hear updates from the creators, has gathered 420 thousand users since it was launched.
What is the total number of Prime Ape Planets?
There are 7,684 Prime Apes, and each one is made up of incredibly specific individual features developed in minute detail. As a result, each one is one of a kind, which is a trait that gives holders a lot of value.
A lot of distinct characteristics come together to form what we know as an ape. These include things like clothing, earrings, facial expressions, eyes, hats, jackets, necklaces, mouth props, noses, skin, and teeth, as well as other things like accessories and jewelry. It is simple to see how distinct each Prime Ape NFT may be given that each of these options typically has a sub-option with up to ten extra attributes.
The overall rarity of an ape is determined by the sum of the rarities associated with its many characteristics (which usually decides its value). For instance, out of the entire collection of apes, only 26 of them have a samurai cap, which means that it is an exceptionally uncommon characteristic. In point of fact, this characteristic is so uncommon that the current going rate for the cheapest Samurai helmet Ape on the market is 3.5 ether.
Collections from the Prime Ape Planet
At this time, there is just one official collection of Prime Ape Planet merchandise, and it has been sectioned up into sub-collections depending on the characteristics that were discussed before. However, the same people who developed Prime Ape Planet NFT are also responsible for Kong Planet, which is another project centered on apes. This is another comparable collection, although this time it focuses on gorillas rather than apes.
Even if there is only one collection of Prime Ape planet available right now, that does not mean that there won’t be another official collection made available in the very near future. For instance, in 2021, the well-known Bored Ape Yacht Club unveiled a new project called the Mutant Ape Yacht Club. This project featured a new take on the art from the earlier project. The value of these sub-projects is often lower than that of the mother project; yet, because the price of Prime Ape Planet is so high, the launching of a sub-project could generate a large amount of buzz.
Price of the Prime Ape Planet Right Now
Let’s go on to the next step, which is to investigate the actual price of the Prime Ape Planet NFT in more depth. We are going to have a look at the pricing that is displayed on the floor, in addition to some of the collection’s recent outstanding sales.
Prime Ape Planet Floor Price
At this time, one Prime Ape Floor token can be purchased for 0.68 ether. The fact that the project has garnered such a significant amount of attention has resulted in its price averaging out to approximately 2.1 ETH throughout the course of the past 28 days. At the time that the project was first made available to the public, the NFTs had an average peak price of almost 4 ETH each.
According to the data provided by Mintalytics, the maximum possible floor price for Prime Ape Planet was 2.99 ETH, while the lowest possible price was 0.59 ETH. At the current low floor price of 0.69, this may indicate a terrific purchasing opportunity for those who are interested. To put this into perspective, the project has an average floor price that settles somewhere around the level of 1.4 ETH.
Chart of Prices for Prime Ape Planet
Analysis of the Prime Ape Planet using NFT
Let’s now take a more in-depth look at the various aspects of the Prime Ape Planet NFT project that contribute to its attractiveness as an investment opportunity. Before getting engaged in a new financial technology (NFT) project, potential NFT investors should be aware of the three primary factors outlined in the following reference.
1. The community: If the project has amassed a sizeable following on social media platforms such as Discord, Twitter, and others, then there is a good chance that it has generated some hype. This buzz is what attracts investors to the project, which in turn drives up the price on the secondary market.
2. Roadmap: The roadmap is where the practical value of the project will be realized in the future. A roadmap is simply a plan that looks into the future and outlines the steps that the project intends to take in order to go forward. Potential investors will be able to determine from the roadmap whether or not the project will produce a valuable utility, which will likely result in an increase in the floor price of the NFT project in the future.
Primate Society or Primates
Before it had started minting, Prime Ape Planet had already amassed a massive fanbase. The most significant social platform to take into account is Discord, and Prime Ape has managed to amass a whooping 420 thousand users on its server, which is a substantial number for NFT initiatives. As a point of reference, the Bored Ape Yacht Club channel has 145 thousand active subscribers.
Additionally, Prime Ape has amassed a massive following on Twitter with over 70,000 users. There is no doubt that this has contributed to the success of the project, which can be seen in the significant amount of interest shown in it by investors. In addition to this, it has approximately 100,000 followers on Instagram, which is a site that is utilized somewhat less frequently for NFTs.
In addition, a number of well-known figures have publicly declared their support for the endeavor. This is wonderful because it lends credibility to it and motivates others to want to hold the initiative in the same regard as their heroes. Sarah Vanelst, Stefano Lepri, and Ryan Cameron are just a few of the well-known celebrities who have made purchases of Prime Ape NFT.
Artwork
Even though it might not seem like a crucial factor to take into account, the caliber of the artwork that is included in a project can significantly attract or repel potential investors. When it comes to the NFT environment, Prime Ape Club boasts artwork of the highest caliber, earning it a place among the very best. In addition to this, the great number of character qualities lends each NFT a highly recognizable and one-of-a-kind appearance, which contributes to the overall increase in the pieces’ aesthetic value.
Because the creators have extensive experience in the field of visual design and have served as lead designers for a number of Hollywood’s most successful movies and television series, this is to be anticipated from the project. If other collections are published in the future, we may anticipate the same great quality of the artwork, which should once again attract purchasers of the collection.
Developers who were doxxed
Doxxing the developers is one aspect of the project that should be brought up because it relates to the topic of developers. This indicates that they are well recognized in the public eye and actively participate in the community. This may not seem like a big deal, but it lends a great deal of credibility to the project and reassures potential investors that the enterprise is not a con or a fraudulent scheme. A rug pull occurs when a project mints, indicating that it is going to accomplish a specific plan, but then never delivers this, while the developers pocket the funds obtained (thus the phrase “pulling the rug out from under the feet of investors”).
Roadmap
The Prime Ape plan is actually full of a lot of fascinating developments. The ‘poisoned bananas’ that ape holders have access to is the first fascinating feature that the ape has to offer. This will, in essence, cause the apes to mutate into a future NFT, which will (most likely) have the same characteristics as the original apes. However, these characteristics will have a different appearance and appear to have “mutated.” This is what the Bored Ape Yacht Club accomplished with their Mutant Apes, and as a result, they were able to achieve an incredible level of success, as seen by the fact that the current floor price is 14.8 ETH.
An exclusive member-only event is also planned for holders of Prime Ape Planet tokens, which is another fantastic thing that is on the road map for Prime Ape Planet. This contributes a significant amount of value to the project because it helps to foster a sense of community among the holders. As a result of the fact that it is a joyful occasion for users to anticipate, it is possible that they may be discouraged from selling their Ape NFT.
The fact that the Prime Ape Planet initiative has donated fifty thousand dollars to the International Fund of Animal Welfare is the final step on the roadmap, and it is one that may excite potential investors. They have also made the announcement that they are attempting to promote animal welfare by engaging in discussions with other organizations. This is fantastic news given that rising environmental, social, and governance (ESG) issues have recently emerged at the forefront of the thoughts of investors. Any endeavor that is able to capitalize on this momentum has a good chance of being successful in the long run.
Why does Prime Ape Planet charge such a high price?
The combination of the factors we’ve been talking about up until now is the primary contributor to Prime Ape planet’s exorbitant price tag. In the first place, it has a robust community; in the second place, the artwork is really detailed; and in the third place, the roadmap is extremely interesting. When all of these components are brought together in one NFT project, they have a greater propensity to produce high-value NFTs. Once these NFTs begin to acquire traction in the market and sell for high prices, investors are lured into the project, and from there, it has a tendency to snowball.
Even though it might seem like a lot of money right now, the cost of Prime Ape Planet is really one of the lowest it has ever been. It would not be difficult for the project’s price to skyrocket to the multiple ETH level it had reached a few months ago if it were to release some new exciting news to the community. As a result, it appears that the present moment would be an excellent time to invest in the project.
Prime Ape Planet Price Now
Let’s go on to the next step, which is to investigate the actual price of the Prime Ape Planet NFT in more depth. We are going to have a look at the pricing that is displayed on the floor, in addition to some of the collection’s recent outstanding sales.
Prime Ape Planet Floor Price
At this time, one Prime Ape Floor token can be purchased for 0.68 ether. The fact that the project has garnered such a significant amount of attention has resulted in its price averaging out to approximately 2.1 ETH throughout the course of the past 28 days. At the time that the project was first made available to the public, the NFTs had an average peak price of almost 4 ETH each.
According to the data provided by Mintalytics, the maximum possible floor price for Prime Ape Planet was 2.99 ETH, while the lowest possible price was 0.59 ETH. At the current low floor price of 0.69, this may indicate a terrific purchasing opportunity for those who are interested. To put this into perspective, the project has an average floor price that settles somewhere around the level of 1.4 ETH.
Chart of Prices for Prime Ape Planet
Analysis of the Prime Ape Planet using NFT
Let’s now take a more in-depth look at the various aspects of the Prime Ape Planet NFT project that contribute to its attractiveness as an investment opportunity. Before getting engaged in a new financial technology (NFT) project, potential NFT investors should be aware of the three primary factors outlined in the following reference.
1. The community: If the project has amassed a sizeable following on social media platforms such as Discord, Twitter, and others, then there is a good chance that it has generated some hype. This buzz is what attracts investors to the project, which in turn drives up the price on the secondary market.
2. Roadmap: The roadmap is where the practical value of the project will be realized in the future. A roadmap is simply a plan that looks into the future and outlines the steps that the project intends to take in order to go forward. Potential investors will be able to determine from the roadmap whether or not the project will produce a valuable utility, which likely result in an increase in the floor will price of the NFT project in the future.
Primate Society or Primates
Before it had started minting, Prime Ape Planet had already amassed a massive fanbase. The most significant social platform to take into account is Discord, and Prime Ape has managed to amass a whooping 420 thousand users on its server, which is a substantial number for NFT initiatives. As a point of reference, the Bored Ape Yacht Club channel has 145 thousand active subscribers.
Additionally, Prime Ape has amassed a massive following on Twitter with over 70,000 users. There is no doubt that this has contributed to the success of the project, which can be seen in the significant amount of interest shown in it by investors. In addition to this, it has approximately 100,000 followers on Instagram, which is a site that is utilized somewhat less frequently for NFTs.
In addition, a number of well-known figures have publicly declared their support for the endeavor. This is wonderful because it lends credibility to it and motivates others to want to hold the initiative in the same regard as their heroes. Sarah Vanelst, Stefano Lepri, and Ryan Cameron are just a few of the well-known celebrities who have made purchases of Prime Ape NFT.
Artwork
Even though it might not seem like a crucial factor to take into account, the caliber of the artwork that is included in a project can significantly attract or repel potential investors. When it comes to the NFT environment, Prime Ape Club boasts artwork of the highest caliber, earning it a place among the very best. In addition to this, the great number of character qualities lends each NFT a highly recognizable and one-of-a-kind appearance, which contributes to the overall increase in the pieces’ aesthetic value.
Because the creators have extensive experience in the field of visual design and have served as lead designers for a number of Hollywood’s most successful movies and television series, this is to be anticipated from the project. If other collections are published in the future, we may anticipate the same great quality of the artwork, which should once again attract purchasers of the collection.
Developers who were doxxed
Doxxing the developers is one aspect of the project that should be brought up because it relates to the topic of developers. This indicates that they are well recognized in the public eye and actively participate in the community. This may not seem like a big deal, but it lends a great deal of credibility to the project and reassures potential investors that the enterprise is not a con or a fraudulent scheme. A rug pull occurs when a project mints, indicating that it is going to accomplish a specific plan, but then never delivers this, while the developers pocket the funds obtained (thus the phrase “pulling the rug out from under the feet of investors”).
Roadmap
The Prime Ape plan is actually full of a lot of fascinating developments. The ‘poisoned bananas’ that ape holders have access to is the first fascinating feature that the ape has to offer. This will, in essence, cause the apes to mutate into a future NFT, which will (most likely) have the same characteristics as the original apes. However, these characteristics will have a different appearance and appear to have “mutated.” This is what the Bored Ape Yacht Club accomplished with their Mutant Apes, and as a result, they were able to achieve an incredible level of success, as seen by the fact that the current floor price is 14.8 ETH.
An exclusive member-only event is also planned for holders of Prime Ape Planet tokens, which is another fantastic thing that is on the road map for Prime Ape Planet. This contributes a significant amount of value to the project because it helps to foster a sense of community among the holders. As a result of the fact that it is a joyful occasion for users to anticipate, it is possible that they may be discouraged from selling their Ape NFT.
The fact that the Prime Ape Planet initiative has donated fifty thousand dollars to the International Fund of Animal Welfare is the final step on the roadmap, and it is one that may excite potential investors. They have also made the announcement that they are attempting to promote animal welfare by engaging in discussions with other organizations. This is fantastic news given that rising environmental, social, and governance (ESG) issues have recently emerged at the forefront of the thoughts of investors. Any endeavor that is able to capitalize on this momentum has a good chance of being successful in the long run.
Why does Prime Ape Planet charge such a high price?
The combination of the factors we’ve been talking about up until now is the primary contributor to Prime Ape planet’s exorbitant price tag. In the first place, it has a robust community; in the second place, the artwork is really detailed; and in the third place, the roadmap is extremely interesting. When all of these components are brought together in one NFT project, they have a greater propensity to produce high-value NFTs. Once these NFTs begin to acquire traction in the market and sell for high prices, investors are lured into the project, and from there, it has a tendency to snowball.
Even though it might seem like a lot of money right now, the cost of Prime Ape Planet is really one of the lowest it has ever been. It would not be difficult for the project’s price to skyrocket to the multiple ETH level it had reached a few months ago if it were to release some new exciting news to the community. As a result, it appears that the present moment would be an excellent time to invest in the project.
The planet with the highest prices for its prime apes.
The price of the most expensive Prime Ape Planet that is currently featured as ‘Buy Now’ on OpenSea is 666666 ETH, which is approximately £1.3 billion dollars in current currency exchange rates. Even if this is the item with the highest price tag, it is extremely doubtful that anybody will actually pay that much for such a thing. One purchase from OpenSea that stands out in particular was that of Prime Ape Planet #4279, which was made approximately two months ago for the price of 69 ETH. At the current price of ETH, this equates to almost 136,000 GBP, which is an incredible amount of money. Having said that, it is the fifth rarest item in the entire collection, and as a result, one would anticipate that it has a significant amount of value. It is now offered on OpenSea at a price of 95 ETH, which is equivalent to around $250,000 USD.
Although the floor price is between 0.6 and 0.7 ETH, it is fairly typical for apes to sell on the secondary market for 1 ETH or more. This is because the price of apes is determined by supply and demand. For instance, Prime Ape Planet #697 was sold just 21 hours ago for the price of 1 ETH.
Planet Rarity, Home of the Prime Ape
As was just discussed, the unique characteristics that each individual ape possesses are taken into consideration when determining how rare they are. There are also some apes known as “1 of 1s,” who are apes that have features that are entirely unique to themselves. For instance, the joker ape shown above is a one-of-one item; as a result, its price tag is prohibitively expensive.
The presence of black feathers on their wings is yet another exceedingly unusual quality found in apes. Because there are only 154 of these apes in the entire collection, there has been a significant amount of competition for them. The price of a black-winged ape has recently dropped to a low of 1.69 ETH. As can be seen in the table below, this price rockets up to well over 3 ETH very rapidly, making it a very desirable quality to possess.
The vast majority of the other apes possess a huge number of different characteristics, all of which can be researched on Opensea through the application of various filtering methods. As of right now, the vast majority of the really rare apes are not up for sale since their owners have not placed them for sale. For instance, out of the total of 7900 products, only 695 items are now displayed as being available for purchase. This demonstrates the resilience of the community, as they are most likely investing for the community’s continued expansion over the long run.
How to Purchase Non-Flagship Titles of Prime Ape Planet
You need to have a wallet that is stocked with the cryptocurrency Ethereum in order to purchase a Prime Ape Planet. In order to obtain this, you will need to sign up for a wallet. We strongly advise that you make use of the eToro Wallet due to the fact that it enables you to keep numerous cryptocurrencies simultaneously, it is extremely secure, and it can be installed on multiple devices.
The process of purchasing Prime Ape Planet will now be broken down into its individual steps for your perusal.
1. Sign up for an account with eToro.
The first thing you need to do is register for an account with eToro. Simply navigate to the eToro website and provide some of your personal information to accomplish this.
2.Verify your eToro account.
After you have created an account, you will need to authenticate it before you can add money to it. To accomplish this, you will simply need to furnish eToro with some verifiable forms of identification. eToro strives to verify these in a matter of minutes at the most. After your account has been validated, you will have access to a wide variety of payment options through which you can fund it. Debit and credit cards, bank transfers, and e-wallets like PayPal and Skrill are all examples of these types of payment methods.
3: Invest in Ethereum
You are able to purchase Ethereum now that you have money in your account. To accomplish this, head over to the Search bar and enter “Ethereum” into it. After that, choose it, and then mark the quantity of ETH that you want to purchase in bold. After that, it will be credited to your account and will be available for you to use to purchase NFTs.
4. Connect your wallet to an NFT Marketplace,
Through the use of WalletConnect, you now have the ability to link your wallet to a marketplace such as OpenSea. To accomplish this, go to the OpenSea website and select the account option located in the top-right corner of the page. From this point. To connect your wallet, select the WalletConnect option, then either enter your wallet address or scan the QR code. By doing this, your eToro wallet will be connected with OpenSea.
5. Purchase Prime Ape Planet NFTs.
Since you already have an account with an NFT marketplace, you may now start trading NFTs using Ethereum directly from your eToro wallet. In order to accomplish this, look up “Prime Ape Planet” on Opensea and select the NFT that you wish to purchase. You have the option of either making an offer or purchasing a Buy Now NFT when it comes to either collection. You may verify the rarity of the traits you’re interested in using the filtering tools on the right, and you can also filter for those attributes.
How to Get Your Hands on Some Prime Ape Planet NFTs
OpenSea is the largest NFT marketplace in the world, and it is also the only place where Prime Ape Planet NFTs can be purchased at this time. The fact that it is the largest marketplace in the world combined with the fact that it has high levels of users, liquidity, and safety makes it an excellent choice for buying and selling. In addition to this, virtually all significant initiatives, including Bored Ape Yacht Club, Veefriends, and a great many others, are listed on OpenSea in an exclusive capacity.
Even while OpenSea is widely considered to be the best NFT marketplace, the platform does have a few drawbacks. When it comes to buying and selling products during busy times, for instance, it has exceptionally high gas fees. A gas fee is the reward that is given to miners for adding transactions to the blockchain or executing transactions. It can come in the form of an additional payment on top of your buy price or a deduction from your sell price. Miners are rewarded for either putting transactions in the blockchain or executing transactions. It is imperative that you keep this in mind because the cost of these fees can easily exceed $300 during peak times of business.
However, there are some markets where you won’t have to worry about paying for gas. For instance, since SolSea and Magic Eden trade using Solana rather than Ethereum, they are exempt from paying the associated gas fees. OpenSea stands out from other cryptocurrency exchanges because, despite the fact that they provide a more affordable choice, they do not feature nearly as many reputable or “blue chip” projects as OpenSea does. Additionally, Binance provides a market for non-fungible tokens (NFTs) that may be traded using the company’s native cryptocurrency, BNB Coin. However, there is a price for using the gas, and the projects themselves are of a rather low level and do not enjoy the same amount of popularity that OpenSea does.
Where Is Prime Ape Planet Going From Here?
As was indicated before, the current pricing of Prime Ape Planet could be an excellent entry point, particularly when one considers the extraordinarily high floor price that the project had had. Additionally, OpenSea provides a great and consistent level of liquidity. If you are still on the fence about buying, this demonstrates that there is a legitimate need for NFTs, which is an excellent aspect to take into consideration.
In addition to this, the extremely upbeat roadmap that the project has laid forth may assist to drive up the price at some point in the future. The next major step on the roadmap is the introduction of poisoned bananas, which are expected to give investors access to a new group of NFTs that have distinct characteristics in comparison to their original Prime Apes. In addition to that, there will likely be a cooperation with a well-known fashion company. Although the actual name of the brand has not been disclosed as of yet, there is a possibility that this will considerably assist in expanding the project’s audience while simultaneously driving up the price.
When taken together with Prime Ape Planet’s impressive artwork and devoted fanbase, the aforementioned positives seem to point to an optimistic outlook for the game’s trajectory in the years to come. Although there is no assurance of increased profits in the future, it does appear as though the project may experience growth in the years to come. The broader swings of crypto and NFT markets are likely going to determine how this plays out.
Is Prime Ape Planet the Most Valuable Newfoundland Terrier to Purchase in 2022?
In light of the data that has been provided up until this point, it is plain to see that Prime Ape Planet could have very high value potential within the market during the course of its long-term existence. Having said that, other NFT collections will be out very soon, and they have outstanding potential and amazing social media hype. The Lucky Block Platinum Rollers Club collection is one of these, and it will be available for purchase within the next week. Based on our evaluations, this is now the most desirable NFT to purchase.
One of the most cutting-edge alternatives to traditional lottery systems, Lucky Block is currently one of the most valuable cryptocurrencies available on the market. Investors are particularly interested in Lucky Block’s impending collection of 10,000 NFTs since each NFT in the collection will serve as a “entry ticket” to Lucky Block’s daily NFT prize drawings. This is one of the reasons why investors are paying attention to Lucky Block’s upcoming collection. These drawings will be conducted independently from the lottery draws held by Lucky Block, and they will award an average prize of $10,000 per day to one lucky winner.
The Platinum Rollers Club collection contains 25 ‘Rare Edition’ NFTs. The owners of each of these NFTs have the ability to double their prize by two in the event that they win one of the daily jackpots. The announcement that the Lucky Block NFTs would soon be ready to mint for the price of $1,500 has piqued the interest of the more than 42,000 people who are members of the Lucky Block Telegram channel. In light of the fact that the price of LBLOCK, Lucky Block’s native token, increased by more than 3,200% in the first few weeks after it was listed on PancakeSwap, there is potential for these non-fungible tokens to display enormous value growth in the secondary market.
Because the Platinum Rollers Club collection is about to be released this week, as was just said, everyone will be keeping a close eye on Lucky Block’s Telegram group as well as their social media outlets in the days leading up to the reveal. In the end, the fact that Lucky Block already has a community of more than 43,000 different token holders suggests that this NFT collection could sell out quickly – which means that investors will need to act quickly in order to get their hands on these precious assets.
Conclusion
In conclusion, Prime Ape Planet non-fungible tokens (NFTs) have already demonstrated great value potential. This is due to the remarkable community support that they have developed. The road map for the project also provides hints about some intriguing plans that are now being developed, which will ensure that the value of this popular collection will continue to rise over time.
On the other hand, the NFT collection by Lucky Block titled Platinum Rollers Club is the one that has us the most giddy with anticipation. Within the following week, a collection of 10,000 NFTs will be released, giving holders the opportunity to participate in daily prize drawings for valuable prizes.
Because Lucky Block has been such a huge hit up to this point, there is already a substantial amount of hype about this NFT collection. As a result, it is highly possible that these assets will sell out very quickly. If you are interested in purchasing this collection, please follow the link provided below to become a member of the Lucky Block Telegram group so that you can receive additional information regarding the forthcoming NFT drop.
