MAYC floor price fell below the initial Dutch auction price (3 ETH)

On March 6th, according to data from Blur, the floor price of Mutant Ape Yacht Club (MAYC) has dropped below 3 ETH and is currently at 2.99 ETH, a daily decrease of 6.5%, and a drop of 26.43% in the past 7 days. The total supply of MAYC is 20,000, of which 10,000 were publicly sold through a Dutch auction at an initial price of 3 ETH, raising approximately 28,000 ETH (valued at approximately $96 million at the time). The other 10,000 were airdropped to BAYC holders.