Prices and sales of non-fungible tokens (NFTs) have continued to crash as bears completely take over the broader crypto market. Popular collections such as the revered Bored Ape Yacht Club (BAYC) were not spared either, and their floor prices have lost significant value in US dollars. The floor price of Bored Ape has dropped to around $87,000 for the first time in 10 months, and investors are leveraging the opportunity.
Source: Bored Ape Floor Plunges Below $100K as NFT Prices Collapse