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What these BAYC sales tell us about the NFT space’s status

AMBCrypto LogoAMBCrypto1w ago

What these BAYC sales tell us about the NFT space’s status - AMBCrypto

Quick Summary:

The NFT space has been badly affected by the decline and bearish trend of the crypto-market The dominance and recent record sales of BAYC NFTs, however, established that NFTs are far from done The demise of high-profile endeavours like Terra and FTX has not helped the situation.

The volume of trades in the BAYC collection surged by more than 45% over the last 30 days.

According to Rarity Tools, this Ape with gold fur is 324th rarest out of a pool of 10,000 NFTs.Less than 0.5% of Bored Apes are estimated to have golden fur.


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Article Details

Author / Journalist: Suzuki Shillsalot

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-25 @ 01:30:39 (1 weeks ago)

News Timezone: GMT +8:00

Ranking: #726 (out of 2242 stories this day)

News Source URL: ambcrypto.com

Language: English

Article Length: 573 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 1921291

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 26 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

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The story "What these BAYC sales tell us about the NFT space’s status" was covered 1 weeks ago by AMBCrypto, a news publisher based in United States.

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AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 26 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://beamstart.com/news/what-these-bayc-sales-tell-16693433274890

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