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I knew BAYC were destined to crash, seeing them here at 15 ETH validates my decision to fade them ever since 0.08 ETH
ETH NFTs biggest value proposition was ETH and USD price going and no one can deny that atleast when people jumped into it For things to come back up, we would need a big catalyst. NFTs are culture, needs a massive cultural catalyst
BAYC at 15 ETH FP Will this be the bottom? https://t.co/TuZ1OS9tIe
The recent fluctuations in the cryptocurrency market have seen ETH prices rise significantly, reaching $4000 USD from $2300 in the past 5 weeks. NFTs, including popular projects like Art Blocks, Squiggles, BAYC, and MAYC, have experienced a decline in floor prices and volume. Many believe this may be the bottom for ETH NFTs, but a recovery could take time due to the historical volatility of ETH affecting NFTs. BAYC's floor price has dropped to 15 ETH, sparking discussions on whether this marks the bottom for the project. Overall, the market is seeking a significant catalyst for the revival of NFTs, emphasizing the cultural aspect of these digital assets.