BAYC Floor Price Plunges: From Six-Figure Valuations to Sub-3 ETH Levels
Bored Ape Yacht Club NFTs are currently trading below 3 ETH (approximately $6,794), marking a dramatic shift in the blue-chip NFT landscape. The contrast is striking when compared to historical peaks: just 3.5 years ago, these same assets commanded valuations exceeding $489,000 per piece. This substantial pullback reflects broader market consolidation in the NFT sector and raises important questions about digital asset valuations and long-term holder positions. Whether this represents a buying opportunity or signals deeper market adjustments remains a key topic of discussion among collectors and investors tracking blue-chip NFT trends.
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SellTheBounce
· 2h ago
Fallen from 490,000 to 3 ETH, this is the end of the NFT bubble... How are the guys who bought in back then doing now?
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Web3ExplorerLin
· 23h ago
hypothesis: the apes are just bridging back to their true value... or maybe we've all been living in an oracle network hallucination the whole time 😅
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StopLossMaster
· 23h ago
People who invested 500,000 USD now have to watch their monkeys drop to 3 ETH. How painful must that be...
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ponzi_poet
· 01-01 19:49
Monkeys dropped from 500,000 to 3 , this is the story of Web3...
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PortfolioAlert
· 01-01 19:43
Haha, from 480,000 to 3E, what a drop...
BAYC should have dumped long ago, who still trusts blue chips?
People buying at this price are probably thinking about life...
Is it bottomed out? Who knows, anyway I won't buy in
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LiquidationWatcher
· 01-01 19:37
bro $489k down to 3 eth... that's not consolidation that's a liquidation event waiting to happen. seen this movie before, margin calls incoming fr
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ShitcoinConnoisseur
· 01-01 19:34
Haha, another dip? Monkeys are almost worthless now
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This is the real floor price... I feel sorry for those who bought at high levels
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49,000 to 3 ETH, truly incredible. Someone probably got caught so badly they lost their underwear
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Is it a bottom-fishing or a knife-cutting? Anyway, I’m scared
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Wait, is this still blue-chip? Feels like it’s already turned into air coins
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Who said BAYC would always go up? Step forward
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When you couldn’t afford it, it was sky-high; now that you can, you suspect it’s a scam... Typical retail mentality
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That’s how a bear market is, everyone is waiting for the bottom
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But seriously, is anyone actually buying at 3 ETH, or is everyone just watching?
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I totally understand the feelings of those who bought in for 500,000... still crying in their dreams to this day
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BloodInStreets
· 01-01 19:32
From 490,000 to 3 ETH, this is the price of faith haha
BAYC Floor Price Plunges: From Six-Figure Valuations to Sub-3 ETH Levels
Bored Ape Yacht Club NFTs are currently trading below 3 ETH (approximately $6,794), marking a dramatic shift in the blue-chip NFT landscape. The contrast is striking when compared to historical peaks: just 3.5 years ago, these same assets commanded valuations exceeding $489,000 per piece. This substantial pullback reflects broader market consolidation in the NFT sector and raises important questions about digital asset valuations and long-term holder positions. Whether this represents a buying opportunity or signals deeper market adjustments remains a key topic of discussion among collectors and investors tracking blue-chip NFT trends.