Summary:
The world of NFTs continues to boom as more and more people seem attracted to the idea of scarce digital art. However, while some projects are surging in value, others are on a rather downward slope. Data reveals that over the past three months, the floor price, which is the lowest price for a non-fungible token (NFT) from a certain collection, for the Board Ape Yacht Club NFTs increased by a considerable 35%. As CryptoPotato reported earlier in December, the floor price for the BAYC NFTs surpassed that of the famed Crypto Punks for the first time in history. At the time of this writing, though, the punks reclaimed the throne of the most expensive NFTs, at least in terms of floor price, which currently sits at slightly over 66 ETH. Nevertheless, it appears that Crypto
Topics:
George Georgiev considers the following as important: AA News, Bored Ape Yacht Club (BAYC), DeFi News, Non-Fungible Token (NFT), social
This could be interesting, too:
The world of NFTs continues to boom as more and more people seem attracted to the idea of scarce digital art. However, while some projects are surging in value, others are on a rather downward slope. Data reveals that over the past three months, the floor price, which is the lowest price for a non-fungible token (NFT) from a certain collection, for the Board Ape Yacht Club NFTs increased by a considerable 35%. As CryptoPotato reported earlier in December, the floor price for the BAYC NFTs surpassed that of the famed Crypto Punks for the first time in history. At the time of this writing, though, the punks reclaimed the throne of the most expensive NFTs, at least in terms of floor price, which currently sits at slightly over 66 ETH. Nevertheless, it appears that Crypto
Topics:
George Georgiev considers the following as important: AA News, Bored Ape Yacht Club (BAYC), DeFi News, Non-Fungible Token (NFT), social
This could be interesting, too:
Wayne Jones writes dYdX CEO Declares 35% Workforce Reduction
Chayanika Deka writes Former FTX’s Head of Engineering Nishad Singh Dodges Prison
Mandy Williams writes Aave Sees 0M Weekly Increase in cbBTC Inflows, But There’s a Catch
Wayne Jones writes MrBeast Linked to Over 50 Crypto Wallets Allegedly Involved in Insider Trading: Report
The world of NFTs continues to boom as more and more people seem attracted to the idea of scarce digital art. However, while some projects are surging in value, others are on a rather downward slope.
- Data reveals that over the past three months, the floor price, which is the lowest price for a non-fungible token (NFT) from a certain collection, for the Board Ape Yacht Club NFTs increased by a considerable 35%.
- As CryptoPotato reported earlier in December, the floor price for the BAYC NFTs surpassed that of the famed Crypto Punks for the first time in history.
- At the time of this writing, though, the punks reclaimed the throne of the most expensive NFTs, at least in terms of floor price, which currently sits at slightly over 66 ETH.
- Nevertheless, it appears that Crypto Punks have lost some 50% of its value over the past 90 days.
- Other popular collections that have decreased in value include Pudgy Penguins (-73.7%), Hashmasks (-31.6%), Meebits (-28.2%), Loot (-59%), and so forth.
- The Mutant Ape Yacht Club, though, which is a spin-off of the BAYC collection, has increased in value by 72.1% in the same period.