BAYC NFT Series Bottoms Out at 10 ETH Lower
The floor price of the Bored Afloat Yacht Club (BAYC) series NFTs hit a low of 8.95 ETH (blurred). Currently, the floor price on OpenSea is 9.49 ETH. As reported by the media, "BAYC has plunged sharply in the last 24 hours, dropping below 10 ETH. It's not just the product itself that determines the price of NFTs. Until the overall quality of NFTs, such as reputation, flexibility, status, brand, and storytelling, improves, it is premature to expect prices to rise." Data shows that BAYC's trading volume is down 22% in the past 30 days to $13.1 million.