The NFT market at a crossroads: All about Azuki, Yuga Labs, and more

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Azuki's floor price declined while Yuga Labs collections thrived. How will the upcoming launch of Azuki Elemental and APE's market performance impact the NFT ecosystem?

APE’s market cap in BTC’s termsThe decline in Azuki’s price could be attributed to market dynamics and fluctuations in demand. However, there is anticipation surrounding the launch of the Azuki Elemental collection, which aims to introduce 20,000 unique pieces.

It remains to be seen whether the introduction of the Azuki Elemental collection will have a positive impact on Azuki’s floor price and reinvigorate interest in the collection.Mutant Ape Yacht Club [MAYC]

 

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