Blue-Chip NFT Floor Prices Plummet Despite Drop in Sales Volume

07/26 23:55

The floor prices of high-quality Ethereum-based NFT projects, known as blue chips, have dropped by an average of 82.8% from their all-time highs due to a decline in trading volume. Bored Ape Yacht Club and CryptoPunks experienced the highest losses among the top 11 blue-chip NFT projects, with BAYC losing the most native currency value and CryptoPunks losing the most USD value.
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