Bored Ape floor price plummets amid game launch and NFT crash
Over the weekend, the floor price for NFT maker Yuga Labs ’ Bored Ape Yacht Club and Mutant Ape Yacht Club collections plummeted, as NFT floor price s continue to crash across the board. The floor price for Bored Ape Yacht Club fell from 38 ether ($73,000) on Friday to less than 28 ether ($53,500) on Sunday, before recovering to 30 ether ($57,000), according to data from OpenSea. Similarly, Mutant Ape Yacht Club fell from 7.5 ether ($14,500) on Friday to less than 5 ether ($9,400) on Sunday, before recovering to 5.4 ether ($10,300). BendDAO, a protocol that allows for loans against NFTs, currently has 27 Bored Apes and 25 Mutant Apes up for auction. Shortly before the weekend Bored Ape crash, Yuga Labs launched HV-MTL. It plans to be the new successor to Dookey Dash, where people were able to burn their Sewer Pass to receive an Evo 1 Mech that allowed them to access a new game to craft a “Forge” that other players will vote on to decide whi...