Launch
Public Dutch auction portions
Ethereum · Related to Bored Ape Yacht Club ecosystem · Dutch auction launch
Public Dutch auction portions
Approximately $96 million in under one hour
~40 ETH
~1.1 ETH · Decline exceeding 97%
Structural parallel to the Bored Ape Yacht Club collapse path: large primary capital formation followed by severe secondary contraction.
Public Dutch auction portions on raised approximately $96 million in under one hour - among the largest single primary capital formation events documented here’s 2021 window.
Peak floor later approached 40 ETH. By 2026, Mutant Ape Yacht Club floor near 1.1 ETH - decline exceeding 97% from peak near 40 ETH. Parallel collapse path to Bored Ape Yacht Club secondary markets.
Primary (Dutch auction portions): Approximately $96 million in under one hour.
Key note: parallel collapse path to major 2021-2022 capital-formation collections. Mutant Ape Yacht Club floor price outcome is among the steepest quantified ETH declines in the comparative table (>97%). See also Bored Ape Yacht Club (>94%) and the inverse free-mint case Doginal Dogs.