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DOMAINS TOKEN-G

Ronald Maguire

15 June 2022 156 Read Crypto , NFT , Metaverse

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Bored Ape Yacht Club NFT Prices Also Dropped

The floor price of BAYC NFTs hit an all-time high on May 1, reaching 153.70 ETH (420k USD). NFT prices, which entered a rapid downward trend after that day, continued their decline today. The floor price fell 8% to 76 ETH, while the trading volume of the collection rose a lot. Collections such as Moonbirds, Teraforms, Mutant Ape Yacht Club, Otherdeed and CryptoPunks follow the collection, which has experienced a 350% increase in transaction volume in the last day.

NFT Index Drops 21%

The NFT index, which tracks the performance of NFTs and is based on circulating supply, is down 21% from yesterday.

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