According to Odaily, data from the NFT lending protocol, nftperp, suggests a potential drop in the floor price of Milady to below 5 ETH. If Milady's price falls to 4 ETH, which was the lowest point on the nftperp platform in May and June, investors may opt to go long. However, they must closely monitor the number of loans that could fall into insolvency. A drop below the floor price of 4.1 ETH could potentially trigger further declines. This information is crucial for investors and traders who are involved in the NFT market, as it provides insights into potential market movements and risks.
NFT Lending Protocol Nftperp Indicates Potential Drop in Milady's Floor Price
![](https://public.bnbstatic.com/image/pgc/202211/ff39a105a210ecd0a61407a69ad82dbd.jpg)
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