The Otherside and the future of the BAYC

Bored Ape Yacht Club creators Yuga Labs recently announced the release of its metaverse project, known as the Otherside. What will this mean for the future of this exclusive NFT club? Let’s take a look.

I recently wrote about the launch of Apecoin in my story, “What is Apecoin and where did it come from?” Since the coins launch on March 17th, 2021, it’s had a tumultuous ride from the initial price of just over $20, to spike up almost $40 then plunge 80% to its all-time low of $6.21 as holders who were airdropped tokens quickly moved them on to take profits. At…