BAYC floor prices surge to 10 ETH
Bored Ape Yacht Club non-fungible tokens have seen a significant price increase, with floor prices climbing from around 5 ETH to over 10 ETH in the past month.
The rebound is attributed to renewed speculative appetite among crypto traders, with memecoins and other high-risk assets outperforming more defensive sectors.
ApeCoin, the ecosystem’s governance token, has also rallied from below $0.10 to about $0.16, with a sharp increase in trading volumes.