Bored Apes’ floor price hits lowest point since 2021, down more than 90% from all-time high | Headlines | News | CoinMarketCap

04/16/2024 08:38
Bored Apes’ floor price hits lowest point since 2021, down more than 90% from all-time high | Headlines | News | CoinMarketCap

Bored Ape Yacht Club NFTs may have hit more than a rough patch as the floor price for the once-celebrated collection hit its lowest point since …

Bored Ape Yacht Club NFTs may have hit more than a rough patch as the floor price for the once-celebrated collection hit its lowest point since August 2021.

As of Monday, the floor price on Bored Ape NFTs sank to 10.9 ether (about $34,000), according to NFT Price Floor data. The NFTs' floor price has not been that low since early August 2021, when it hit 9.5 ether, also according to the NFT data site.

Yuga Labs, the creator of the Bored Ape Yacht Club, or BAYC, collection declined to comment.

The collection, which once had a slew of celebrities promoting the NFTs, first launched three years ago in April 2021. While the overall NFT market, especially for pricey, profile-picture tokens, has been depressed for quite some time, BAYC has often been regarded as the market's biggest success …

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