via BeInCrypto · By BeInCrypto Editorial
NFT Market Cap Slides Near Record Lows as Ethereum Drop Erases Blue-Chip Gains
ETH/USDT
$4,638,603,821.03
$1,611.02 / $1,568.00
Change: $43.02 (2.74%)
-0.0023%
Shorts pay
The non-fungible token (NFT) market cap has fallen back toward record lows as Ethereum (ETH) declines. CryptoPunks trade near $53,000, Bored Ape Yacht Club pieces sit below $15,000, and Pudgy Penguins hover around $7,300.
ETH lost roughly 28% over the past 30 days and now trades near $1,640. Floors measured in ETH fell far less than dollar values, exposing the sector’s denomination risk.
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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