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According to ME News, on May 10th (UTC+8), the floor price of Bored Ape Yacht Club (BAYC) rose from approximately 5 ETH to 10 ETH over the past month, while the ecosystem governance token ApeCoin (APE) also rose from below $0.10 to approximately $0.16, with a significant increase in trading volume. Michael Figge, the new CEO of Yuga Labs, stated that, statistically, blue-chip NFTs were clearly oversold for some time. He said, "Prices have..."

BAYC's floor price doubled to 10 ETH in a month; Yuga Labs CEO claims blue-chip NFTs are oversold.

Financial markets are becoming less affected by the Iraq War, and most assets rose in the first week of May.
BTC repeatedly tested the $80,000 level, reaching a high of $83,000. The S&P 500 hit a new high, and semiconductor stocks formed a parabolic pattern. The rush to buy Strategy's STRC before its ex-dividend date continued.
Delving deeper into the crypto, the assets experiencing price increases are more diverse, with many seemingly unrelated coins rising, unlike the past when a single vertical sector saw a broad-based surge. For example, ZEC doubled in a week, reaching a high of $600, and its market capitalization briefly exceeded...

Why did these Altcoin surge by 120% in a week?

Macro Outlook for Next Week: Warsh to Take Over as Fed Chair, Gold Awaits CPI "Verdict"; The ETF Store President: SEC Commissioner Mentions Balancing Regulation and Innovation, Predicts Market ETF Launch; Garrett Jin Deposits Over $250 Million in Ethereum into Binance; Short Whale with Over $86 Million in Profits Lose Over $4 Million on 28 Altcoins and Crude Oil.

PA Daily News | WorldCoin team transfers 30 million WLD to Bitgo; Aave obtains judge's permission to transfer $71 million in ETH related to the North Korean hack.