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How a Price Battle Between Two Heavyweight NFT Exchanges is Pumping Prices

Despite the prices of most major cryptocurrencies stagnating over the course of the last 30-days, with the likes of Bitcoin and Ethereum only up a respective 1.7 and 4.0% and BNB and XRP down 3.9% and 7.0% each according...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

How a Price Battle Between Two Heavyweight NFT Exchanges is Pumping Prices
Despite the prices of most major cryptocurrencies stagnating over the course of the last 30-days, with the likes of Bitcoin and Ethereum only up a respective 1.7 and 4.0% and BNB and XRP down 3.9% and 7.0% each according to CoinMarketCap, the prices of non-fungible tokens (NFT) have been pumping. According to NFT Price Floor, the price floor to get your hands on an NFT from the Bored Ape Yacht Club (BAYC) collection has jumped 17.5% over the course of the last 30-days to $117,750....
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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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