Coinspeaker
Drop in BAYC NFT Prices Pushes ApeCoin to All-Time Low
The NFT market has been currently under pressure with floor prices for some of the top NFT projects hitting new lows. A week back, the floor price of prominent collections like the Bored Ape Yacht Club (BAYC) dropped to its 20-month low. The floor price of BAYC NFTs dropped to 30 ETH, which is approximately $58,000 as of the current price. However, this BAYC drop has had a spillover effect on Apecoin (APE) recently.
As per data from CoinGecko, the cryptocurrency associated with Yuga Labs’ Bored Ape NFT collection has experienced a 15% decline in the past two weeks, reaching a new all-time low of $1.85 on Friday.
Amidst the challenges faced by the NFT market, ApeCoin continues to face downward pressure. Although the floor price of Bored Ape NFTs has seen a slight recovery from its recent lows, ApeCoin came very close to reaching a new bottom on Monday. It was just two cents away from its previous low set on Friday.
Las
We współpracy z: https://www.coinspeaker.com/drop-bayc-apecoin-all-time-low/
