Collectors Are Bored of Apes and Don’t Want to Pay Royalties

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This week, the floor price of the Bored Ape Yacht Club NFT collection dropped to its lowest price in nearly two years, leading to questions about the collection’s value. But floor price is just one metric used to value NFTs – experts explain that there are other important factors in assessing what an NFT is worth.

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

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