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Nifty News: BAYC floor price drops 50%, Lonely Apes doesn’t attract women, and more

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cointelegraph.com

Prices throughout the nonfungible token (NFT) market have suffered amid the broader market downturn, with the floor price of the Bored Ape Yacht Club (BAYC) collection dropping more than 50% since the beginning of this month.

BAYC’s floor price dipped to $198,000 on Wednesday, signaling a 52% drawdown in dollar-denominated valuation from May 1, where the cheapest available Bored Ape cost $420,000.

Read more on cointelegraph.com
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