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via CoinDesk · By CoinDesk Staff

The NFT market was 'oversold' and prices fell too far, says Yuga Labs’ new CEO

ETH

ETH/USDT

$2,494.42

+0.58%

$2,494.42

+0.58%

(24s)

24h Volume

$7,921,408,979.91

24h H/L

$2,523.97 / $2,460.92

Change: $63.05 (2.56%)

Long/Short

56.3%

Long: 56.3%Short: 43.7%

Funding Rate

+0.0027%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,495.18

▲ 0.60%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,564.88

Resistance 1$2,501.12

Price$2,495.18

Support 1$2,449.71

Support 2$2,371.89

Support 3$2,190.20

Pivot (PP):$2,472.79

Trend:Uptrend

RSI (14):64.8

CoinDesk Staff

(01:00 PM UTC)

1 min read

Approved byEmily Watson

0 comments

Bored Ape NFTs are finally making a comeback as crypto traders rediscover their appetite for risk

BAYC floor prices have doubled in a month as traders rotate back into speculative crypto bets, reviving hopes of a broader NFT recovery.

Bored Ape Yacht Club (BAYC) non-fungible tokens are surging again, fueling hopes of a broader revival in the battered NFT market as speculative appetite returns…

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CoinDesk Staff · CoinDesk

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