The Bored Ape Yacht Club, a popular Ethereum project, is seeing falling prices as ETH falls and owners potentially panic-sell their valuable NFTs. According to NFT Price Floor, the cheapest available Bored Ape Yacht Club NFT on the market as of this writing is listed for 57.5 ETH, or approximately $76,400. In terms of ETH, this represents a 7% drop in the last 24 hours. However, given the declining value of ETH in USD, it has dropped nearly 24% in the last day.
