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Home/News Feed/Bored Ape NFT floor prices double in a month as market recovers from overselling.

APE

Rp2,739

+Rp179 +6.99%

Bored Ape NFT floor prices double in a month as market recovers from overselling.

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Market News

11 May 2026

Crypto news

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Bullish

Bored Ape Yacht Club (BAYC) floor prices have doubled from around 5 ETH to over 10 ETH in the past month, accompanied by ApeCoin rising from below $0.10 to about $0.16. Yuga Labs CEO Michael Figge attributes this surge to a market recovery from an oversold state rather than mere hype. The rebound is driven by renewed retail interest in speculative crypto assets, with other blue-chip NFTs like Pudgy Penguins also rallying. Yuga Labs is focusing on community building, hosting global meetups to strengthen the social aspect of the BAYC ecosystem, which had been neglected in recent years.

More News (APE)

ApeCoin jumps 11% amid rising GameFi activity and strong trading volume.

ApeCoin (APE) surged about 11% in the last 24 hours, outperforming the broader crypto market, driven by renewed interest in the GameFi sector and a 145% spike in daily trading volume to $51 million. The altcoin is currently testing a critical support...

Technical Signals

Bullish

3 days ago