The Guy Who Bought an Ape for 4 ETH Explains Why He Rejected a $1.2M Offer

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The Guy Who Bought an Ape for 4 ETH Explains Why He Rejected a $1.2M Offer
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Someone paid 4 ETH for a bored ape NFT and less than a year later turned down a whopping $1.2 million offer. Here's his story.

Someone paid 4 ETH for a bored ape NFT and less than a year later turned down a whopping $1.2 million offer. Here’s his story.

Or, in this case – the story of someone who refused to be turned into an “instant millionaire” by turning down a $1.2 million offer on an NFT that he paid less than $17K for back in May 2021., we have a designated long-form guide containing all the details you need to know about it. In summary, though, it’s a collection of 10,000 non-fungible tokens that depict bored apes.

The rarity of each NFT is represented by the rarity of each trait – so the rarer a trait is, the rarer the ape is. Enters the golden boy – Ape #1726.revealed that he turned down a 420 ETH offer for the above ape. At the time of this writing, that’s worth a whopping $1.2 million. More impressively, the user only paid 4 ETH for it back on May 1st – the first full day after the collection was sold out. Back then, the 4 ETH cost him roughly around $12K.

There is only 1 out of 46 gold fur apes listed for sale below 1000 ETH and I would like to still be a part of that group.

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