
The non-fungible token market has seen its share of ups and downs over the last year and a half, with Bored Ape Yacht Club one of the brightest spots. As the cryptocurrency market tumbles and floor prices of NFT collections drop, here’s a look at how bad things have gotten in the last six weeks.
What Happened: The floor price of Bored Ape Yacht Club hit 153.58 Ethereum (CRYPTO: ETH) on April 30. The rise coincided with the launch of Otherdeed for Otherside, a NFT collection from Bored Ape parent Yuga Labs.