‘Blue chip’ flooring costs close to two-year lows
The most important nonfungible token (NFT) collections by market capitalization are in a sea of pink as the most cost effective NFTs of their collections took dives over the previous week, with some hitting close to two-year lows.
Yuga Labs’ flagship Bored Ape Yacht Membership (BAYC) assortment — the second largest by market cap, in accordance to CoinGecko — hit a flooring value of 27.7 Ether (ETH) or $54,200 on July 3, a degree not seen since September 2021.
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