Rocket ICO Giving you a better way to make your decisions and enjoy the process of ICO backing

  • Lydian ICO
  • Markets
Latest News
  • 60% of institutional investors bullish on Ethereum in 2023   |   27 Jan 2023

  • FTM price up 52% in 7 days   |   27 Jan 2023

  • Coinbase fined for operating in the Netherlands: here’s why   |   27 Jan 2023

  • DeFi protocol Aave to deploy V3 upgrade on Ethereum   |   26 Jan 2023

  • Coinbase fined €3.3M by the Dutch central bank   |   26 Jan 2023

  • Aptos rallies 400% to hit all-time high: What next for APT?   |   26 Jan 2023

 
Home» Markets»BAYC NFTs prices fall for 6 consecutive days as crypto market crash turns into a crisis

BAYC NFTs prices fall for 6 consecutive days as crypto market crash turns into a crisis

rocketman 12 May 2022 Markets Comments Off on BAYC NFTs prices fall for 6 consecutive days as crypto market crash turns into a crisis 197 Views

As the wider crypto market crash becomes a catastrophe, the prices of Bored Ape Yacht Club NFTs (BAYC), have been in a downward trend for six consecutive days.

The crypto market crash has a significant impact not only on the crypto sector, but all other attributes as well, including NFTs.  The Non-Fungible Tokens (NFT) market, including the BAYC NFTs which are one of the most popular and largest NFT collections, was largely affected.

BAYC has been a leading NFT player and its popularity has surpassed that of popular cryptocurrencies such Bitcoin (BTC), and Ethereum (ETH), in the last few weeks. The current crypto market slump has caused the prices for the BAYC NFTs to plummet in tandem with wider price drops within larger crypto markets.

Bored Ape Yacht Club performance 

Despite both BTC NFTs (BAYC NFTs) and BTC nosediving, BAYC NFTs perform far worse than BTC or Ethereum (ETH). In the last six days, NFTs dropped by approximately 29%, while BTC is down 15.8% and ETH 13%, respectively.

Other popular NFTs are also affected. The JPG NFT Index has seen a huge drop of 26% in the past 6 days.

Other NFT collections that were nosediving included the Moonbirds NFT (down by 19% and 23%, respectively) and Otherdeed NFT. The NFT market will revert to bullish if the crypto market recovers. 

BAYC consecutive crash crisis crypto days fall market NFTs prices turns 2022-05-12
Tags BAYC consecutive crash crisis crypto days fall market NFTs prices turns
Facebook Twitter Stumble linkedin Pinterest More

Authors

Posted by : rocketman
Previous Article :

Avalanche (AVAX) down 35% amid fears of massive AVAX sell-off after UST meltdown

Next Article :

Tron will have ‘no problem repelling speculation’

Related Articles

60% of institutional investors bullish on Ethereum in 2023

60% of institutional investors bullish on Ethereum in 2023

rocketman 27 Jan 2023
FTM price up 52% in 7 days

FTM price up 52% in 7 days

rocketman 27 Jan 2023
Coinbase fined for operating in the Netherlands: here’s why

Coinbase fined for operating in the Netherlands: here’s why

rocketman 27 Jan 2023

ABOUT ME

lourari bra

lourari bra

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vivamus pulvinar eros id diam gravida, id pharetra ligula cursus. Sed dapibus lectus augue, non volutpat lorem porttitor vel.

Popular Posts

60% of institutional investors bullish on Ethereum in 2023
Markets

60% of institutional investors bullish on Ethereum in 2023

rocketman 27 Jan 2023
Bitcoin Profit Review 2021: Is It a Scam Or Legit?
Reviews

Bitcoin Profit Review 2021: Is It a Scam Or Legit?

rocketman 22 Jul 2021
Yuan Pay Group review 2021 – Is it a Scam or Legit?
Reviews

Yuan Pay Group review 2021 – Is it a Scam or Legit?

rocketman 26 Jul 2021
Immediate Bitcoin Review: Does it work?
Reviews

Immediate Bitcoin Review: Does it work?

rocketman 27 Jul 2021
Bitcoin Era Review: Is this a scam?
Reviews

Bitcoin Era Review: Is this a scam?

rocketman 27 Jul 2021

Advertisement

Recent Posts

  • 60% of institutional investors bullish on Ethereum in 2023

    60% of institutional investors bullish on Ethereum in 2023

    rocketman 27 Jan 2023
  • FTM price up 52% in 7 days

    FTM price up 52% in 7 days

    rocketman 27 Jan 2023
  • Coinbase fined for operating in the Netherlands: here’s why

    Coinbase fined for operating in the Netherlands: here’s why

    rocketman 27 Jan 2023
  • DeFi protocol Aave to deploy V3 upgrade on Ethereum

    DeFi protocol Aave to deploy V3 upgrade on Ethereum

    rocketman 26 Jan 2023
  • Coinbase fined €3.3M by the Dutch central bank

    Coinbase fined €3.3M by the Dutch central bank

    rocketman 26 Jan 2023

htmagazine
About HTmagazine was created in 2015 , and covers the intersection of Technology, Lifestyle, Business, Entertainment, and Culture.

Follow us

Newslater

Those an equal point no years do. Depend warmth fat but her but played. Shy and subjects wondered

Random Posts

60% of institutional investors bullish on Ethereum in 2023

60% of institutional investors bullish on Ethereum in 2023

FTM price up 52% in 7 days

FTM price up 52% in 7 days

Coinbase fined for operating in the Netherlands: here’s why

Coinbase fined for operating in the Netherlands: here’s why

DeFi protocol Aave to deploy V3 upgrade on Ethereum

DeFi protocol Aave to deploy V3 upgrade on Ethereum

Coinbase fined €3.3M by the Dutch central bank

Coinbase fined €3.3M by the Dutch central bank

Tags

Binance Bitcoin BTC buy CEO crypto cryptos heres launches market places price today token top
© Copyright 2021, All Rights Reserved