Top NFT floor prices plunge while sales slightly hike
The NFT sales have been constantly dropping since early 2022. The floor price s of some of the top NFT collections plunged further over the past week. According to data provided by CoinGecko, over the past week, the floor price s of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) declined by 21% and 27%, respectively. Per the price aggregator, the starting cost of a BAYC collectible sits at 24.5 Ethereum (ETH), worth around $41,060 at the time of writing. NFT Floor Price Δ % Over the Past Week • MAYC -27% • Azuki -25% • Moonbirds -25% • BAYC -21% • Cool Cats -20% • Doodles -19% • Azuki Elementals -19% • DeGods – 15% • Pudgy Penguins -12% • CryptoPunks -11% — CoinGecko (@coingecko) August 24, 2023 MAYC’s floor price is currently at 4.6 ETH, worth roughly $7,700 with a $150.15 million market capitalization. Moreover, Azuki and Moonbirds NFTs both recorded 25% drops over the past week. The floor prices of each collection currently stand at 3.9 ETH ($6,53...