
Bored Ape NFT Floor Price Falls Over 90% from ATH, Hits Lowest Level since 2021
Once it launched in April 2021, BAYC quickly catapulted to success and became the giant of the non-fungible token (NFT) space.
Once it launched in April 2021, BAYC quickly catapulted to success and became the giant of the non-fungible token (NFT) space.
OpenSea said that the shift will save users about $460 million in transaction gas costs every year. Besides, the Seaport protocol also provides OpenSea with greater flexibility to launch new features.
Despite the drop in prices, the buying pressure increased, as more investors look to purchase the NFT at lower prices.
The Bored Ape NFT purchase by Bieber has caused some stir on the internet, with Twitter users emphasizing that it was a bullish move.
According to the press release, the game will debut in the second quarter of 2022. It will feature the play-to-earn model allowing gamers to earn passive income while having fun.
Sotheby’s currently has an almost $20 million bid for one of its Bored Ape NFT collections even though the auction still has three days left.