The once-thriving market for Ethereum-based non-fungible tokens (NFTs) has experienced a significant downturn, with the flagship collection Bored Ape Yacht Club (BAYC) witnessing a staggering 90% drop in its floor price from its peak. The collection, which launched in April 2021, now sees its lowest valuation since August 2021, with the floor price momentarily dipping [...] The post The Fall of the Apes: BAYC Floor Price Plummets to New Lows appeared first on Blockonomi.

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