Bored Ape NFT floor price hits lowest point in over two and a half years

The Bored Ape Yacht Club collection’s floor price is currently at 11.1 ETH, down 90% from its peak during the roaring NFT bull market.

The floor price of Bored Ape Yacht Club (BAYC) nonfungible tokens has fallen over 90% from its peak, down to 11.1 Ether (ETH) — its lowest point since August 2021.

BAYC is now approaching a sub-10 NFT floor price after a 50% fall since March 1 alone, according to NFT Price Floor.

The Yuga Labs-backed NFT project launched in April 2021 — meaning its NFT price floor is now where it was four months after it launched.

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