Is Justin Bieber’s Ape Really Worth $59,000? The Nuances of Valuing NFTs
Submitted by Anonymous (not verified) on Fri, 07/07/2023 - 03:10
Last week, the floor price of popular NFT collection Bored Ape Yacht Club fell to a 20-month low. But determining the value of an individual NFT requires a more nuanced understanding of floor price, rarity traits and cultural significance.