Is Justin Bieber’s Ape Really Worth $59,000? The Nuances of Valuing NFTs

Is Justin Bieber’s Ape Really Worth ,000? The Nuances of Valuing NFTs
Last week, the floor price of popular NFT collection Bored Ape Yacht Club fell to a 20-month low. But determining the value of an individual NFT requires a more nuanced understanding of floor price, rarity traits and cultural significance.