The NFT market performance remains weak, with BAYC 5278 dropping more than 100 ETH compared to the last transaction price.

SmartContractAuditor · 2026-03-29T01:11:11+00:00

Odaily Planet Daily reports that despite several digital art projects debuting at Hong Kong Basel Art Fair, the overall NFT market remains weak with no clear signs of recovery. Specifically, in the "Bored Ape" series, Bored Ape 5278 is currently listed at only 7 ETH, down more than 100 ETH from its last sale price, reflecting a significant retracement in the valuation of top-tier NFT assets. As a once rapidly rising asset class, the Bored Ape series and the broader NFT art market have cooled significantly, with liquidity and price performance continuing to be under pressure. (CoinDesk)

SmartContractAuditor

2026-03-29 01:11:11

Odaily Planet Daily reported that despite multiple digital art projects being showcased at Art Basel Hong Kong, the NFT market overall remains sluggish, showing no significant signs of recovery. Specifically, the listing price of Bored Ape #5278 from the “Bored Ape” series is currently just 7 ETH, down more than 100 ETH from its last transaction price, reflecting a substantial decline in the valuation of top NFT assets. Once regarded as a rapidly emerging asset class, the NFT art market has significantly cooled, with both liquidity and price performance under continued pressure. (CoinDesk)

ETH-1.63%

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