The collapse of FTX pushed the performance of BAYC’s NFT collection to second place

The fall in cryptocurrency prices seen in recent days has also affected the NFT market. The popularity of Ethereum-based “blue chips” (ETH) such as the NFT collection Bored Ape Yacht Club (BAYC) has not helped tokens avoid the negative consequences of the FTX crash, which led to turbulence in the entire crypto market.

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