“Queen of Pop” Madonna Picks Up Bored Ape #4988

Credit: Kevin Mazur / Bored Ape Yacht Club

Madonna just crossed the “borderline” into the BAYC.

On March 24th, singer-songwriter Madonna revealed on Instagram that she purchased Bored Ape #4988.

Madonna told her 17.8 million Instagram followers she “finally entered the metaverse” with her BAYC purchase. She also asked for suggestions on what to name Bored Ape #4988. Lastly, Madonna thanked the fiat-to-crypto platform MoonPay for helping her nab this valuable NFT. 

According to The Bored Ape Gazette, MoonPay bought Bored Ape #4988 on Madonna’s behalf for 180 ETH on March 14th. At the time of sale, Bored Ape #4988 cost roughly $464,400. MoonPay transferred this DMT fur Bored Ape into Madonna’s OpenSea wallet on March 23rd. 

There have been rumors Madonna was getting ready to join the Bored Ape Yacht Club for some time now. On January 3rd, BAYC member Lindsey Byrnes tweeted the image of Bored Ape #3756 and suggested it would be an ideal fit for Madonna’s Web3 avatar. Fourteen days later, Madonna wrote back saying she liked Byrnes’ pick and asked how she should proceed.  

Interestingly, Madonna’s manager Guy Oseary officially announced he’s representing the Bored Ape Yacht Club’s founder Yuga Labs. In addition to the BAYC, Oseary has made partnerships with other prominent NFT collections like the World of Women (WoW). 

Speaking of WoW, Madonna recently appeared as a WoW-styled avatar in Billboard’s “Women in Music” NFT series. Auctioned on the crypto exchange FTX US, this series featured three one-of-one NFTs designed by WoW’s head artist Yam Karkai. The other two Billboard NFTs had images of Christina Aguilera and Mariah Carey. 

Madonna is not the first celebrity to use MoonPay’s service to add a Bored Ape to her portfolio. Rappers like Snoop Dogg and Lil Baby have bought their BAYC NFTs with the help of MoonPay. There are even rumors Tesla’s CEO Elon Musk may have used MoonPay to purchase the gold fur Bored Ape #1837 for $1.5 million.

How does Madonna’s Bored Ape #4988 rank on Rarity Sniper?  

Within the 10,000 NFTs in the Bored Ape Yacht Club, Bored Ape #4988 is relatively rare. Rarity Sniper gives Madonna’s new NFT a respectable rank of 3794 and a Rarity Score of 1408.77.

Arguably, the defining feature of Bored Ape #4988 is its DMT fur, which occurs in 2.15 percent of the entire BAYC collection. Although DMT fur is a distinctive attribute, it’s not the rarest aspect of Bored Ape #4988. Bored Ape #4988’s black sleeveless logo T-shirt only appears in 144 other Bored Ape NFTs. 

A few features that bring down Bored Ape #4988’s score are its orange background, lack of earrings, and total trait count. Over 50 percent of Bored Ape NFTs have six traits, including Bored Ape #4988. 

Even though Bored Ape #4988 isn’t the “rarest” in the BAYC, any Bored Ape NFT is highly desirable nowadays. The BAYC still ranks as the most traded collection on OpenSea, and the floor price remains over $300,000.