The floor price of Bored Ape Yacht Club (BAYC) NFTs has plummeted to its lowest level in over two and a half years. The once high-flying collection, known for its distinctive and coveted ape-themed digital art, has seen a significant drop in value. This decline comes amidst a broader market correction in the NFT space and reflects shifting investor sentiment. The dip in BAYC's floor price underscores the volatility and unpredictability inherent in the burgeoning NFT market, leaving collectors and investors closely monitoring developments.