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NFT floor prices are falling along with the broader crypto market

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NFT floor prices are falling along with the broader crypto market by MManoylov & Anu__Dave

against a tough macro backdrop, fueled in part by record-high inflation. Crypto markets, too, were rattled last month by the collapse of the Terra blockchain ecosystem and the UST stablecoin.triggered a fresh round of chaos in the market, with the price of bitcoin falling as low as $22,600 on Coinbase on Monday.

The top six NFT projects by all-time volume on OpenSea are CryptoPunks, Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki, Doodles and Cool Cats. Here’s how they fared in the past three days — from June 10 to June 13, 2022 — according to data from CoinGecko:

 

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MManoylov Anu__Dave I don’t think that is the case for nounsdao

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