While Bored Ape prices have plunged hard, other NFT projects are feeling the bitter breeze of an increasingly chilly market for profile pictures (PFPs) and collectibles. As collectors recalibrate, enthusiasm for NFTs appears to be dampening broadly, weighing on established projects as sour sentiments spread.
Source: Bored Ape Yacht Club Prices Crash to Two-Year Low, Down 88% From Peak – Decrypt