Bored Ape NFTs are finally making a comeback as crypto traders rediscover their appetite for risk

BAYC floor prices have doubled in a month as traders rotate back into speculative crypto bets, reviving hopes of a broader NFT recovery. What to know : Bored Ape Yacht Club floor prices climbed from roughly 5 ETH to over 10 ETH over the past month, while ApeCoin also rallied on rising volumes. Yuga Labs CEO Michael Figge said NFT prices had become disconnected from growing holder participation during the prolonged market downturn. Renewed momentum in memecoins, NFT-backed lending and collections like Pudgy Penguins is fueling hopes of a wider revival in digital collectibles.