Bored Ape prices are down, but the NFT market is headed for new heightsOne report suggested the NFT market could reach a $230 billion valuation by 2030 — more than 20 times greater than its value in 2021.There is no denying that nonfungible tokens (NFTs) have taken a hit in recent months. Market conditions have plunged, scams and hacks are frequent, and there is an increasing number of low-quality projects, pushing many to question the value of NFTs and their place in Web3 altogether. Even popular projects like the Bored Ape Yacht Club have taken a hit, with floor prices dropping below $100,000 this year. Over the last crypto cycle, NFT market conditions have been largely correlated to and reliant upon the general crypto market.
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https://t.me/Apecoin_VeChain_Elrond
