ApeCoin Crashes to All-Time Low as Bored Ape Yacht Club NFT Prices Sink
The Ethereum token linked to Yuga Labs' Bored Ape Yacht Club collection has now fallen nearly 93% from its peak price.
In recent weeks, pressure in the NFT space has weighed on prominent collections of profile pictures (PFPs) like the Bored Ape Yacht Club . And that stress may have spilled over to ApeCoin (APE) too.
The crypto token associated with Yuga Labs’ namesake collection of 10,000 Bored Ape NFTs has fallen 15% over the past 14 days, scraping past an all-time low of $1.85 on Friday, according to CoinGecko .
Read More: https://decrypt.co/147982/apecoin-crashes-all-time-low-bored-ape-yacht-club-nft-prices-sink
The Ethereum token linked to Yuga Labs' Bored Ape Yacht Club collection has now fallen nearly 93% from its peak price.
In recent weeks, pressure in the NFT space has weighed on prominent collections of profile pictures (PFPs) like the Bored Ape Yacht Club . And that stress may have spilled over to ApeCoin (APE) too.
The crypto token associated with Yuga Labs’ namesake collection of 10,000 Bored Ape NFTs has fallen 15% over the past 14 days, scraping past an all-time low of $1.85 on Friday, according to CoinGecko .
Read More: https://decrypt.co/147982/apecoin-crashes-all-time-low-bored-ape-yacht-club-nft-prices-sink
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