Boredape
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Bored Ape Yacht Club NFT Floor Price Hit Historic Low, Down 92%
The floor price of Bored Ape Yacht Club ( #BAYC ) NFTs, a blue-chip collection in the crypto space, has plunged to historic lows reflecting the ongoing bearish sentiment.
Current floor price: 11.079 ETH ($33,924), a 7.03% increase in the last hour but a significant decline over larger timeframes:
4% down in the past day51.6% down in the past month79.8% down in the past year.
This is a staggering 92.8% decline from its all-time high of 153.7 $ETH in May 2022.
Interestingly, this floor price mirrors BAYC's lowest points, last seen at 11 ETH in August 2021, four months after its launch.
Despite the crash, BAYC sales have seen a 13% increase in the last 24 hours, with 156 sales amounting to over 1,632 ETH ($5 million).
Is this a sign of a potential market turnaround, or will BAYC prices continue to fall?
Only time will tell, but this development highlights the current volatility in the #NFT market.
#Boredape #cryptocrash #Ethereum
The floor price of Bored Ape Yacht Club ( #BAYC ) NFTs, a blue-chip collection in the crypto space, has plunged to historic lows reflecting the ongoing bearish sentiment.
Current floor price: 11.079 ETH ($33,924), a 7.03% increase in the last hour but a significant decline over larger timeframes:
4% down in the past day51.6% down in the past month79.8% down in the past year.
This is a staggering 92.8% decline from its all-time high of 153.7 $ETH in May 2022.
Interestingly, this floor price mirrors BAYC's lowest points, last seen at 11 ETH in August 2021, four months after its launch.
Despite the crash, BAYC sales have seen a 13% increase in the last 24 hours, with 156 sales amounting to over 1,632 ETH ($5 million).
Is this a sign of a potential market turnaround, or will BAYC prices continue to fall?
Only time will tell, but this development highlights the current volatility in the #NFT market.
#Boredape #cryptocrash #Ethereum
#CryptoMarketMoves The market for #videogames continue to Soar significantly and this has impacted some tokens positively.
As the video game market booms here are some of the tokens you could consider adding to your portfolio of investments.
Immutable X ($IMX ) continues to bring decent gains to investors. At its current trading price, a small sum of money can buy and HODL lots of this gaming token. Whiles many analysts accurately predicted somewhat of a bear market in 2023 which came through, 2024, and 2025 have been forecasted to bring gains like 2021. Keep your eye on the price performance of this gaming token, its been one of the hidden golden goose for a long time.
Another token that's not hiding for sometime is the Gala Token ($GALA ). Trading below $0.1 offers several opportunities for interested traders to hold onto a token with great potential in the future.
The last coin, I'd like to talk about is ApeCoin ($APE ). APE started strongly in March 2022 and is used in Benji Bananas. It has also been lined up to be used in a number of games by developers Yuga Labs. The weight of the #Boredape project makes it one of the go-to gaming tokens.
Other noteworthy mentions include, but are not limited to, The Sandbox (SAND), Decentraland (MANA), and others.
As the video game market booms here are some of the tokens you could consider adding to your portfolio of investments.
Immutable X ($IMX ) continues to bring decent gains to investors. At its current trading price, a small sum of money can buy and HODL lots of this gaming token. Whiles many analysts accurately predicted somewhat of a bear market in 2023 which came through, 2024, and 2025 have been forecasted to bring gains like 2021. Keep your eye on the price performance of this gaming token, its been one of the hidden golden goose for a long time.
Another token that's not hiding for sometime is the Gala Token ($GALA ). Trading below $0.1 offers several opportunities for interested traders to hold onto a token with great potential in the future.
The last coin, I'd like to talk about is ApeCoin ($APE ). APE started strongly in March 2022 and is used in Benji Bananas. It has also been lined up to be used in a number of games by developers Yuga Labs. The weight of the #Boredape project makes it one of the go-to gaming tokens.
Other noteworthy mentions include, but are not limited to, The Sandbox (SAND), Decentraland (MANA), and others.
