HomeUncategorizedNifty News: Blue chip NFT prices wobble, Credit Suisse tries tokens and more By Cointelegraph

Nifty News: Blue chip NFT prices wobble, Credit Suisse tries tokens and more By Cointelegraph

July 4, 2023

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‘Blue chip’ floor prices near two-year lows

The largest nonfungible token (NFT) collections by market capitalization are in a sea of red as the cheapest NFTs in their collections took dives over the past week with some hitting near two-year lows.

Yuga Labs’ flagship Bored Ape Yacht Club (BAYC) collection — the second largest by market cap according to CoinGecko — hit a floor price of 27.7 Ether (ETH), or $54,200 on July 3, a level not seen since September 2021.

The largest 12 NFT collections floor prices are in the red over the past week. Azuki Elemental Beans is down but is incorrectly shown as having gained. Source: CoinGecko

Credit Suisse takes a shot at NFTs

A collage of some of the rarest NFTs of which some are priced over $11,000. Source: Credit Suisse

Slow sales for Melania Trump’s NFTs

Dior’s NFTs go quiet about the ‘NFT’ part

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