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HomeExchangeBored Ape Yacht Membership NFT All-time low value, down 92%

Bored Ape Yacht Membership NFT All-time low value, down 92%

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  • The minimal value of BAYC NFT dropped to 11,079 ETH tokens price $33,924.
  • This low peaked at 153.7 ETH in Could 2022, reflecting a 92% decline from the all-time excessive.
  • BAYC NFTs noticed a rise in gross sales over the previous 24 hours, with 156 gross sales going down.

Bored Ape Yacht Membership (BAYC) blue-chip NFT assortment’s minimal value now displays an all-time low amid continued bearish sentiment within the crypto market. Colin Wu Media lately highlighted this improvement in a put up on X.

Information from NFT monitoring platform CoinGecko revealed that the minimal value of BAYC NFT dropped to 11,079 ETH tokens price $33,924. In the meantime, the very best bid value was 10.63 ETH, equal to $32,782.

Whereas the quantity has seen a 7.03% improve within the final hour, it’s greater than 4% under the worth it was buying and selling at yesterday. Moreover, the ground value has fallen by a extra important 51.6% over the previous 30 days and 79.8% over the previous yr.

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Curiously, this minimal value peaked at 153.7 ETH in Could 2022. The present worth of 11 ETH displays a staggering 92.8% drop from the all-time excessive.

Moreover, the present minimal value now displays a few of BAYC’s lowest costs in its historical past. Particularly, BAYC NFTs had been final seen at 11 ETH in August 2021. The Yuga Labs-backed NFT venture is now on the similar degree it was 4 months after its preliminary launch.

Bored Ape Yacht Membership has seen a major improve in gross sales over the previous 24 hours. Particularly, 156 gross sales had been made, representing a 13% improve over yesterday’s figures. These gross sales amounted to 1,632 ETH price greater than $5 million.

Disclaimer: The knowledge offered on this article is for informational and academic functions solely. This text doesn’t represent monetary recommendation or recommendation of any type. Coin Version shall not be accountable for any losses incurred on account of the usage of stated content material, services or products. Readers are suggested to train warning earlier than taking any motion associated to the Firm.

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