A few of the problem lies within the mechanics of NFT buying and selling, the place ground costs will modify as ETH’s value fluctuates towards the U.S. greenback. Regardless of ETH’s climb from $1,000 to almost $2,000 previously month, lending companies like BendDAO stay denominated of their initially lended token, inflicting some Bored Apes to be liquidated at greater greenback costs than the place they had been bought.
