Do I buy into this current craze in Bored Ape NFT, ApeCoin?

What makes some Bored Ape NFTs worth more than others is that it all comes down to a mixture of traits. The Bored Ape NFT collection consists of 10,000 apes generated at random. That means trait assignment, including eyes, fur, and clothes, varies wildly from ape to ape.

Each NFT corresponds to a cartoon ape customised with unique colour schemes, facial expressions, and outfits. (One, for example, is brown, clean-shaven, wearing sunglasses; another is leopard-print, with a rainbow-colored grill in its grinning mouth.)

The ‘bored apes’ with traits in low circulation tend to get valued highly, while those with a mixture of common traits are less so. But apes can remain valuable even with a high trait count (the number of different traits an NFT has).