The non-fungible token (NFT) sector has experienced a resurgence in recent weeks, with several blue-chip collections seeing significant gains in floor prices.
According to nftpricefloor.com, Bored Ape Yacht Club (BAYC) floor values have increased by 75.87% since April 10, from $14,300 to $25,150. This increase is one of the most notable among blue-chip NFTs and has led many to speculate about a potential rebound in the market.
Cryptopunks have also seen a significant rise in floor value, increasing by approximately 17% since April 10 to reach $73,200 on May 10. Other notable gains include Pudgy Penguins, which climbed from $9,500 to $12,900, and MAYC, which increased from $1,500 to $3,960.