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BAYC NFT Prices Drop Following a Challenging Month for APE


by CoinEdition
  • The price of APE has slipped by more than 17% over the past month.
  • The floor price of the BAYC NFT collection followed the same trend as it dropped by more than 26% during the same time period.
  • APE could see its price drop to its all-time low if bulls don’t step in to protect the $1.767 support.

The past month has been extremely hard on ApeCoin (APE) as the crypto’s price decreased by more than 17% during this period alone. In addition to this, APE’s struggles have also been reflected in the performance of the Bored Ape Yacht Club (BAYC) NFT collection.

The crypto market tracking website, CoinMarketCap, indicated that APE was trading hands at $1.92 at press time following a 0.26% price drop over the past 24 hours of trading. This meant that the crypto was trading much closer to its all-time low of $1.00. Since APE was able to reach its all-time high of $39.40 in 2022, the price of the crypto slipped by 95+%.

APE’s recent struggles were also evident in the fact that the meme coin saw its price drop by more than 11% over the past week. Furthermore, it seems like the prices of Bored Ape Yacht Club NFTs are declining along with the value of APE.

BAYC …

The post BAYC NFT Prices Drop Following a Challenging Month for APE appeared first on Coin Edition.

Read the article at CoinEdition

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BAYC NFT Prices Drop Following a Challenging Month for APE


by CoinEdition
  • The price of APE has slipped by more than 17% over the past month.
  • The floor price of the BAYC NFT collection followed the same trend as it dropped by more than 26% during the same time period.
  • APE could see its price drop to its all-time low if bulls don’t step in to protect the $1.767 support.

The past month has been extremely hard on ApeCoin (APE) as the crypto’s price decreased by more than 17% during this period alone. In addition to this, APE’s struggles have also been reflected in the performance of the Bored Ape Yacht Club (BAYC) NFT collection.

The crypto market tracking website, CoinMarketCap, indicated that APE was trading hands at $1.92 at press time following a 0.26% price drop over the past 24 hours of trading. This meant that the crypto was trading much closer to its all-time low of $1.00. Since APE was able to reach its all-time high of $39.40 in 2022, the price of the crypto slipped by 95+%.

APE’s recent struggles were also evident in the fact that the meme coin saw its price drop by more than 11% over the past week. Furthermore, it seems like the prices of Bored Ape Yacht Club NFTs are declining along with the value of APE.

BAYC …

The post BAYC NFT Prices Drop Following a Challenging Month for APE appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Crypto cycles have a habit of going crazy, - right now, BNB to $2,000 does not sound ...
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