Mar 13, 1:23 pm
The Block
NFT Blue Chips See Price Floors Drop, But Bitcoin NodeMonkes See 65% Gain
The price floor of top NFT collections like Bored Ape Yacht Club and Mutant Ape Yacht Club has dropped significantly in the past week, with declines ranging from 5% to 42%. However, the NodeMonkes NFT collection on the Bitcoin blockchain has seen a 65% increase in the same period. Monthly trading volume and the number of trades on Ethereum-based NFT marketplaces have also decreased since the beginning of the year.
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