News20 May 2022

BAYC Apecalypse

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Bored Ape Yacht Club's NFT collection has fallen 50+ per cent against the dollar since early May.

The minimum price on Wednesday fell below $200,000. Well, recently, an ape could be picked up for $400,000. The trading dynamics have also changed, with sales down by 117 pieces or about 30%.

As you can see, NFT blue chips did not become a haven during the storm of the whole market...

Like, if you hold NFT. Dislike if you blew it all.

BTW, we have a #WTFIsNFT digest coming out on Tuesdays about...NFT! So if you're hilarious about jpegs, you should sign up.

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