The owner of Tesla and SpaceX CEO and the Twitter owner just changed his profile picture on Twitter with Bored Ape NFTs which is a famous collection now worth thousands of dollars per NFT.
NFTs are. Special kinds of cryptocurrency, each one is special and unique, and they can get very worthy.
Bored Ape Yacht Club is highly popular among NFT collectors. a recent NFT project was launched by Yuga Labs, gas fees on Ethereum were caused by BAYC makers
Ethereum is A blockchain platform that charges clients gas for doing each transaction.
Sometimes the blockchain gets astronomically high because of lots of transactions so the gas fees, get higher
So what is Musk’s new profile picture did he buy a Bored Ape NFT ? or Is he buying the whole project? does he own that to use as his wallet? No one knows yet because he didn’t say a word. But for sure, he is going to comment something about it very soon. As he always did.