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  4. Bored Ape Ethereum NFTs Drop Below $100K for First Time in Almost a Year

Bored Ape Ethereum NFTs Drop Below $100K for First Time in Almost a Year

charlielee
2022-10-21 07:09:46

As the crypto market suffers, the popular Ethereum NFT collection reaches a low entry price not seen since last August. In terms of ETH, the collection has seen a 47% drop since then. That’s a significant stat all the same, but it also reflects how much the falling price of Ethereum has impacted the valuations of NFT collections. The Bored Ape Yacht Club hasn’t seen a sub-$100,000 floor price since August 2021, when the collection surged alongside the wider NFT market.

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dianasmith
2022-10-21 07:12:40

Currently the market situation is very bad so the price of Bitcoin as well as all other coins has come down.At present, it is seen that the market is growing in some way. If it continues to grow in this way, then of course the cryptocurrency market will turn around again.