“Blue-Chip” NFTs Have Been Struggling, But Here Are The Collections Bucking the Trends
So-called “Blue-chip” NFTs have been struggling over the course of the last 30 days, crypto data analytics firm Nansen stated in a tweet thread on Tuesday. Citing its popular NFT price performance dashboard, Nansen noted...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Citing its popular NFT price performance dashboard, Nansen noted that many major collections, including the likes of the Bored Ape Yacht Club, have seen their price floors drop by more than 25%.
An NFT’s price floor is the lowest price at which a member of an NFT collection is listed at across major NFT exchanges....
Read More: “Blue-Chip” NFTs Have Been Struggling, But Here Are The Collections Bucking the Trends
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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