Bored Ape Yacht Club NFTs Ethereum Floor Price Drops to 8-Month Low

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The Ethereum floor price of the Bored Ape Yacht Club (BAYC) NFT collection has dropped to its lowest level since the start of the year, amid a continued NFT market slump and wider crypto market crash. At 65.68 ETH, the floor price of Bored Ape Yacht Club NFTs has fallen to levels not seen since January 2, 2022. According to data from CoinGecko, it has been on a downtrend since reaching an all-time high of 153.7 ETH on May 1. BAYC remains the biggest NFT collection by market capitalization, at 65 ...

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