Bored Ape NFT Prices down 90% From August 2022

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A BAYC NFT inspired cartoonish monkey

The Bored Ape NFT prices plummeted 90%, from an all-time peak of 120 ETH to 10 ETH currently. 

During the 2021 cryptocurrency bull run, Bored Apes Yacht Club (BAYC) NFTs became one of the most demanded collections but ultimately succumbed to a decline in demand that impacted the whole NFT market.

Despite initial hype and celebrity endorsements, BAYC…

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