Is Justin Bieber’s Ape Really Worth $59,000? The Nuances of Valuing NFTs

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Last week, the floor price of popular NFT collection Bored Ape Yacht Club fell to a 20-month low. But determining the value of an individual NFT requires a more nuanced understanding of floor price, rarity traits and cultural significance.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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