It’s possible that Blend has contributed to a short-term rise in the floor prices of some blue chip NFT collections, according to data from NFT marketplace OpenSea. Since May 1, the date that Blend launched, the floor price of the popular Bored Ape Yacht Club collection has increased from 47 ETH, or about $93,500, to about 50 ETH, or $99,400. As for its Mutant Ape Yacht Club, the floor price increased from about 10.5 ETH, or $20,900, to 11 ETH or $21,900.
Related posts
-
El Salvador launches transparent Bitcoin investment data platform
El Salvador, the world’s first country to use Bitcoin as legal tender, has launched its own... -
NFT sales dip, Bitcoin takes hit but dominates market share
Sales of non-fungible tokens (NFTs) took a hit this past week, dropping by 11.16% compared to... -
Trump’s Pro-Crypto Bluster at NFT Gala Lacked Policy Substance
At the Mar-a-Lago gala, Trump courted a constituency Biden has thoroughly snubbed – even if the...