Yuga Labs' Bored Ape NFT Values Plunge Despite Crypto Rebound

Yuga Labs' NFT collections like Bored Ape Yacht Club and Otherside have fallen to all-time low prices in ETH, despite ETH price surging over the past year

Other NFT projects like CryptoPunks have grown in USD value recently, highlighting the struggles specific to Yuga

Bored Ape floor price has dropped from 152 ETH last year to 15 ETH now, a massive decrease

Factors like exclusive perks and access that previously drove interest in Bored Apes may be losing appeal

As the crypto market recovers, it's unclear if Yuga's ape-themed metaverse will continue to attract NFT holders