Bored Ape Yacht Club Floor Price Down 25 Percent This Week

Bored Ape Yacht Club Floor Price Down 25 Percent This Week

Bored Ape Yacht Club, arguably the bluest chip in NFTs, is down nearly 25 percent in the past seven days, hitting a floor price in ETH it hasn't seen since December of 2021 and a USD price (about $61,000) it hasn't seen since August of 2021.

BAYC's floor price is now around 50 ETH across OpenSea, x2y2, and Blur marketplaces. On OpenSea, where the floor price is 52 ETH, there have been 11 WETH offers accepted in the past 24 hours.

BAYC has also been passed by CryptoPunks for the No. 1 spot on Lucky Trader's NFT Power Rankings. All this despite the news of Yuga Labs (parent company of both Punks and Apes) and its acquisition of Beeple-backed 10KTF.

Most of the NFT market is down as the crypto world continues to deal with the after-effects of the bankruptcy of FTX, one of the largest exchanges in the world.

More about Bored Ape Yacht Club

Arguably the most successful NFT project, the Bored Ape Yacht Club (BAYC), is a collection of 10,000 uniquely generated bored apes that are stored on the Ethereum blockchain. Launched on April 23, Bored Ape Yacht Club had a mint price of 0.08 ETH and the collection sold out on April 30, 2021. Since its launch, the project has dropped multiple companion collections including Bored Ape Kennel Club, Mutant Ape Yacht Club, and Otherdeed for Otherside, and has helped onboard a number of high profile and celebrity collectors to the NFT ecosystem.

At the time of publish, the Bored Ape Yacht Club floor price sits at 65.99 ETH, and has stayed relatively flat over the past 24 hours on 513 ETH volume of transactions. Over the last 30 days, 24 sharp wallets have sold 27 NFTs and 29 sharp wallets have bought 29 NFTs in the Bored Ape Yacht Club collection. Catch up on other recent Bored Ape Yacht Club news here.

Recent Bored Ape Yacht Club Sales

#3455sold at 12/03 8:12pm for
71.0
#7493sold at 12/03 8:12am for
65.3
#532sold at 12/03 5:12am for
66.5
#4483sold at 12/03 4:12am for
66.6
#4948sold at 12/03 2:12am for
70.4

Recent Bored Ape Yacht Club Listings

#2217listed at 12/03 10:12pm for
82.0
#8477listed at 12/03 10:12pm for
117
#8477listed at 12/03 10:12pm for
117
#9412listed at 12/03 9:12pm for
79.0
#9412listed at 12/03 9:12pm for
79.0
Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.
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