BAYC’s fall from grace: Analyzing the decline of an NFT giant

1 min read

11 months ago bitnews

Industry giant BAYC is reportedly on the verge of collapse. This comes after BAYC declined from 150Ξ to 8Ξ. A total of two factors have been identified as core reasons behind this decline: minting at a bonding curve price and the departure of Gordon Goner, the original founder of the NFT collection. BAYC sold out …