Home market Why are #NFTs defying Crypto Crash? While Ether has dropped 40% since Nov, NFT Bored Ape Yacht Club

Why are #NFTs defying Crypto Crash? While Ether has dropped 40% since Nov, NFT Bored Ape Yacht Club

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Why are #NFTs defying Crypto Crash? While Ether has dropped 40% since Nov, NFT Bored Ape Yacht Club

Why are #NFTs defying Crypto Crash? While Ether has dropped 40% since Nov, NFT Bored Ape Yacht Club (BAYC) has hit fresh highs. NFTs denominated in Ether, which means they’re showing neg correlation w/crypto. Google searches for “NFT” outpaced “crypto.” h/t Holger Zschaepitz

Why are #NFTs defying Crypto Crash? While Ether has dropped 40% since Nov, NFT Bored Ape Yacht Club

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