Moonbirds, Bored Ape yacht and most of the other top NFT projects have seen price drops since Monday. This week’s crypto market crash has put a lot more top cryptocurrencies in red. Especially (LUNA), which plunged by 96.5$ within the last 24 hour.

The majority of NFT projects are regaining their losses

NFTs, which are receipts for blockchain-related purchases of digital goods, allow cryptocurrencies to work together. NFT Price Floor shows that the majority of top Ethereum NFT projects saw a 10-20% increase. It includes, but isn’t limited to: Bored Ape Yacht Club (Mutant Ape Yacht Club), Clone X, Moonbirds, and Clone X. Partly, the reason behind that is Ethereum’s price. ETH is currently at $1900.5 and has risen 2.7% over the past hour. Ethereum (ETH), despite losing approximately 16% of its value, took less than Bitcoin (BTC), who dropped to $26,910 its lowest level in 2 years.

Rollercoaster for Freshly-made Moonbirds

Moonbirds NFT Project is among the most recent on the market. This project has experienced some significant ups and falls. Moonbirds NFT was launched in April and currently stands at 25 Ethereum per piece. This is more than 40% higher than the price of 24 hours ago. Yesterday, Tech entrepreneur Kevin Rose and the PROOF collective had a rainy day, when the new project’s floor price dropped to 17 ETH. The same trend can be seen in the Bored Ape Yacht Club. It is priced at 99.8 Ethereum per piece and backs up by 15%.

This will be my 10th downturn in crypto. It was difficult the first time. Remember that china created paper currency, and Europe took 500 years for the concept to be adopted. It is moving much faster. My thinking has changed to include decades and not just days, months or years. Wagemi

— KΞVIN R◎SE (