Bored Apes and Yuga Ethereum NFTs Experience Value Decline Despite Market Surge – Here’s the Latest

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Yuga Labs NFT

Source: BAYC

Bored Ape Yacht Club (BAYC) NFTs were once the hottest bit of digital property on Ethereum’s NFT market but now Yuga Labs’s signature collection and other affiliated NFTs are posting new lows.

The current floor price for BAYC, which indicates the lowest one can purchase it for, is around 13 ETH, or $51,000. The…

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