Bored Ape Yacht Club NFTs Lose Steam as Floor Price Plunges
Long-term holders of the Bored Ape Yacht Club (BAYC) NFT collection are selling their digital apes as the floor price drops to its lowest since August 2021. The Bored Ape Yacht Club (BAYC) NFT collection, which once boasted a floor price of $500,000, is facing a wave of selling pressure as the market sentiment turns […]
Nft floor price explained for beginners
If you’re new to NFT, you’ve likely been told to research the floor price. The concept of NFT floor price is quite easy to understand. However, when the floor price fluctuates, it can be difficult to work around it. Before we delve into what NFT floor price is all about, let’s go over what the […]