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BAYC and MAYC see sales surge, but what about their floor price?

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BAYC and MAYC have seen a fall in their floor price since June 2022. This, has, however, impacted sales in no way. The market for top Ethereum-based PFP (Profile Picture) NFT collections continues to show signs of weakness, with continued drawdowns in their floor prices since last year, data from Delphi Digital has revealed. Since […]

in trading volume, which has contributed to increased trading activity for various NFT collections.

However, despite the steady decline in its floor price, BAYC regained its position as the top NFT project and currently holds 8.17% of the total market share. At the time of writing, CryptoPunks’ market capitalization represented 7.82% of the entire market value.Moreover, while MAYC has also seen a non-stop drop in its TVL in the last year, the sales volume for the NFT project continues to climb., MAYC’s sales volume in the last year represented 6.33% of the entire market sales volume. BAYC stood ahead with 7.69% within the same period.

 

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