NFT enthusiasts bored as BAYC floor price falls by half

BAYC or Bored Ape Yacht Club is one of the biggest NFT projects in the world and is largely responsible for bringing NFT prices to crazy high levels. However, since the LUNA death fall and crypto market crash this month, interest in NFTs is also dropping fast. As per new reports, the floor price of BAYC has dropped to less than $200,000, from $420,000 on May 1. Sale volumes are also down a whopping 117% week-on-week in May 2022.