Top NFT Collection Prices Ranked by Market Cap
# | NFT | Floor Price | 24h | 7d | 30d | Last 7 Days | Market Cap | 24h Volume | 24h Sales | |||
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 |
![]() |
CryptoPunks
![]() |
Buy
|
43.99 ETH
$112,366
|
0.0% | 2.9% | 7.4% |
|
$1,122,983,697
439,636 ETH
|
92.42 ETH
$236,073
|
2 | |
2 |
![]() |
Infinex Patrons
![]() |
1.93 ETH
$4,922.23
|
3.2% | 11.9% | 23.8% |
|
$492,222,950
192,700 ETH
|
14.60 ETH
$37,288
|
8 | ||
3 |
![]() |
Bored Ape Yacht Club
![]() |
Buy
|
13.48 ETH
$34,433
|
7.9% | 4.8% | 7.5% |
|
$344,257,308
134,773 ETH
|
0 ETH
$0.00
|
0 | |
4 |
![]() |
Pudgy Penguins
![]() |
Buy
|
9.25 ETH
$23,627
|
1.2% | 2.2% | 7.2% |
|
$210,000,973
82,213 ETH
|
113.34 ETH
$289,510
|
12 | |
5 |
![]() |
Chromie Squiggle by Snowfro
![]() |
4.69 ETH
$11,979.89
|
0.2% | 3.9% | 9.1% |
|
$119,798,943
46,900 ETH
|
9.38 ETH
$23,960
|
2 | ||
6 |
![]() |
Autoglyphs
![]() |
89.00 ETH
$227,337
|
0.0% | 0.1% | 20.5% |
|
$116,396,551
45,568 ETH
|
0 ETH
$0.00
|
0 | ||
7 |
![]() |
Mutant Ape Yacht Club
![]() |
Buy
|
1.95 ETH
$4,970.07
|
2.2% | 7.7% | 14.2% |
|
$97,169,836
38,041 ETH
|
64.50 ETH
$164,760
|
30 | |
8 |
![]() |
Fidenza by Tyler Hobbs
![]() |
34.50 ETH
$88,125
|
0.0% | 1.4% | 4.8% |
|
$88,036,897
34,466 ETH
|
0 ETH
$0.00
|
0 | ||
9 |
![]() |
Lil Pudgys
![]() |
1.10 ETH
$2,804.42
|
1.1% | 0.2% | 13.2% |
|
$61,444,824
24,055 ETH
|
33.38 ETH
$85,273
|
30 | ||
10 |
![]() |
Azuki
![]() |
Buy
|
2.17 ETH
$5,542.43
|
1.3% | 5.4% | 10.3% |
|
$55,424,253
21,698 ETH
|
21.93 ETH
$56,016
|
10 | |
11 |
![]() |
Milady Maker
![]() |
Buy
|
2.14 ETH
$5,476.51
|
0.2% | 8.6% | 31.7% |
|
$54,644,665
21,393 ETH
|
77.66 ETH
$198,379
|
36 | |
12 |
![]() |
Mad Lads
![]() |
34.52 SOL
$5,084.44
|
3.9% | 1.5% | 21.6% |
|
$50,681,745
344,046 SOL
|
376.63 SOL
$55,482
|
11 | ||
13 |
![]() |
VeeFriends
![]() |
1.49 ETH
$3,805.98
|
0.7% | 1.4% | 0.0% |
|
$39,030,317
15,280 ETH
|
12.10 ETH
$30,908
|
6 | ||
14 |
![]() |
Meebits
![]() |
Buy
|
0.75 ETH
$1,907.79
|
5.9% | 5.4% | 0.3% |
|
$38,153,928
14,937 ETH
|
10.79 ETH
$27,567
|
10 | |
15 |
![]() |
Bitcoin Puppets
![]() |
0.034 BTC
$3,587.79
|
12.0% | 7.5% | 39.2% |
|
$35,881,521
340.03 BTC
|
0.38 BTC
$39,768
|
10 | ||
16 |
![]() |
Taproot Wizards
![]() |
0.16 BTC
$16,778.26
|
1.2% | 6.5% | 22.4% |
|
$35,335,014
334.85 BTC
|
0.60 BTC
$63,525
|
4 | ||
17 |
![]() |
Creepz by OVERLORD
![]() |
1.12 ETH
$2,860.87
|
0.9% | 0.0% | 5.1% |
|
$31,787,130
12,444 ETH
|
2.20 ETH
$5,607.81
|
2 | ||
18 |
![]() |
NodeMonkes
![]() |
0.029 BTC
$3,091.84
|
1.9% | 5.4% | 31.9% |
|
$30,918,417
293.00 BTC
|
0.37 BTC
$38,762
|
14 | ||
19 |
![]() |
Mocaverse
![]() |
1.26 ETH
$3,230.83
|
0.8% | 13.4% | 34.7% |
|
$28,715,645
11,242 ETH
|
3.41 ETH
$8,710.33
|
3 | ||
20 |
![]() |
OnChainMonkey (OCM) Genesis
![]() |
0.025 BTC
$2,607.24
|
4.9% | 7.8% | 12.3% |
|
$26,072,413
247.08 BTC
|
0.026 BTC
$2,785.82
|
1 | ||
21 |
![]() |
OCM Genesis by OnChainMonkey®
![]() |
0.024 BTC
$2,581.99
|
2.1% | 6.8% | 23.5% |
|
$25,819,863
244.68 BTC
|
0.020 BTC
$2,149.67
|
1 | ||
22 |
![]() |
Runestone
![]() |
0.002 BTC
$224.13
|
10.6% | 12.6% | 6.2% |
|
$25,192,462
238.74 BTC
|
0.31 BTC
$32,561
|
148 | ||
23 |
![]() |
Doodles
![]() |
Buy
|
0.93 ETH
$2,365.05
|
4.9% | 13.2% | 26.4% |
|
$23,645,727
9,257 ETH
|
38.93 ETH
$99,429
|
35 | |
24 |
![]() |
Space Doodles
![]() |
1.21 ETH
$3,100.72
|
0.2% | 5.6% | 19.0% |
|
$23,295,717
9,120 ETH
|
1.00 ETH
$2,554.35
|
1 | ||
25 |
![]() |
Otherdeed Expanded
![]() |
0.16 ETH
$416.46
|
3.2% | 5.0% | 28.7% |
|
$23,130,792
9,055 ETH
|
13.41 ETH
$34,263
|
64 | ||
26 |
![]() |
Otherdeed for Otherside
![]() |
Buy
|
0.18 ETH
$454.06
|
0.1% | 11.1% | 22.4% |
|
$21,440,972
8,394 ETH
|
1.37 ETH
$3,491.79
|
8 | |
27 |
![]() |
CryptoDickbutts
![]() |
1.45 ETH
$3,697.32
|
0.2% | 0.1% | 31.6% |
|
$19,218,655
7,524 ETH
|
3.96 ETH
$10,109.85
|
3 | ||
28 |
![]() |
Claynosaurz
![]() |
12.31 SOL
$1,812.66
|
0.7% | 14.7% | 0.2% |
|
$18,547,176
125,905 SOL
|
128.84 SOL
$18,979.54
|
11 | ||
29 |
![]() |
Synclub's SnBNB Early Adopters
![]() |
1.00 BNB
$653.59
|
0.0% | 0.0% | 0.0% |
|
$16,577,636
25,364 BNB
|
2.75 BNB
$1,796.63
|
38 | ||
30 |
![]() |
CryptoNinjaPartners
![]() |
0.29 ETH
$735.65
|
0.0% | 17.7% | 36.0% |
|
$16,347,667
6,400 ETH
|
0.92 ETH
$2,350.00
|
4 | ||
31 |
![]() |
Neo Tokyo Citizen V2
![]() |
3.11 ETH
$7,944.02
|
1.3% | 5.8% | 4.3% |
|
$16,023,091
6,273 ETH
|
2.56 ETH
$6,539.13
|
1 | ||
32 |
![]() |
Moonbirds
![]() |
Buy
|
0.62 ETH
$1,573.46
|
3.0% | 22.9% | 76.2% |
|
$15,734,557
6,160 ETH
|
34.39 ETH
$87,842
|
54 | |
33 |
![]() |
Terraforms by Mathcastles
![]() |
Buy
|
0.54 ETH
$1,366.76
|
4.3% | 8.2% | 19.2% |
|
$13,545,936
5,303 ETH
|
1.50 ETH
$3,834.08
|
3 | |
34 |
![]() |
Project AEON
![]() |
1.55 ETH
$3,947.23
|
0.3% | 40.5% | 82.1% |
|
$13,156,133
5,150 ETH
|
15.49 ETH
$39,564
|
11 | ||
35 |
![]() |
Good Vibes Club
![]() |
0.72 ETH
$1,851.70
|
3.3% | 15.3% | 20.8% |
|
$12,904,485
5,052 ETH
|
26.71 ETH
$68,232
|
35 | ||
36 |
![]() |
Sappy Seals
![]() |
0.49 ETH
$1,248.00
|
0.1% | 16.3% | 19.2% |
|
$12,476,292
4,884 ETH
|
3.83 ETH
$9,778.04
|
7 | ||
37 |
![]() |
CrypToadz
![]() |
0.69 ETH
$1,762.24
|
0.0% | 12.6% | 58.8% |
|
$12,374,484
4,844 ETH
|
4.69 ETH
$11,984.23
|
7 | ||
38 |
![]() |
MAX PAIN AND FRENS BY XCOPY
![]() |
0.69 ETH
$1,762.50
|
6.5% | 16.3% | 11.5% |
|
$12,282,866
4,809 ETH
|
0.70 ETH
$1,788.04
|
1 | ||
39 |
![]() |
Solana Monkey Business
![]() |
Buy
|
16.64 SOL
$2,450.55
|
2.7% | 3.9% | 15.3% |
|
$12,235,584
83,059 SOL
|
225.92 SOL
$33,280
|
14 | |
40 |
![]() |
Bored Ape Kennel Club
![]() |
0.43 ETH
$1,085.60
|
8.4% | 11.5% | 12.6% |
|
$10,423,913
4,081 ETH
|
5.09 ETH
$13,010.39
|
12 | ||
41 |
|
Redacted Remilio Babies
![]() |
0.40 ETH
$1,034.46
|
2.3% | 5.2% | 24.6% |
|
$10,342,532
4,049 ETH
|
9.26 ETH
$23,649
|
21 | ||
42 |
![]() |
Kanpai Pandas
![]() |
0.47 ETH
$1,194.97
|
9.8% | 4.5% | 1.1% |
|
$10,231,344
4,005 ETH
|
4.22 ETH
$10,769.13
|
9 | ||
43 |
![]() |
mfers
![]() |
0.39 ETH
$996.19
|
0.0% | 6.4% | 3.1% |
|
$9,980,861
3,907 ETH
|
1.55 ETH
$3,969.46
|
4 | ||
44 |
![]() |
Paradise
![]() |
7.28 SOL
$1,073.08
|
6.1% | 4.7% | 31.7% |
|
$9,537,520
64,744 SOL
|
27.47 SOL
$4,046.51
|
4 | ||
45 |
![]() |
Ordinal Maxi Biz (OMB)
![]() |
0.017 BTC
$1,825.56
|
2.8% | 12.6% | 42.1% |
|
$9,571,406
90.70 BTC
|
0.30 BTC
$31,419
|
12 | ||
46 |
![]() |
GGSG: Galactic Geckos
![]() |
6.43 SOL
$947.67
|
0.0% | 7.4% | 17.5% |
|
$9,476,695
64,331 SOL
|
111.27 SOL
$16,392.05
|
3 | ||
47 |
![]() |
World of Women
![]() |
0.37 ETH
$945.06
|
12.0% | 10.2% | 2.6% |
|
$9,450,578
3,700 ETH
|
3.17 ETH
$8,088.68
|
9 | ||
48 |
![]() |
Captainz
![]() |
0.37 ETH
$940.18
|
1.0% | 7.1% | 28.9% |
|
$9,400,850
3,680 ETH
|
3.96 ETH
$10,121.39
|
11 | ||
49 |
![]() |
VeeFriends Series 2
![]() |
0.067 ETH
$169.86
|
4.6% | 11.9% | 21.6% |
|
$9,389,582
3,676 ETH
|
2.59 ETH
$6,607.32
|
17 | ||
50 |
![]() |
DigiDaigaku
![]() |
1.75 ETH
$4,470.06
|
5.4% | 4.7% | 35.6% |
|
$9,038,454
3,538 ETH
|
3.06 ETH
$7,816.31
|
2 | ||
51 |
![]() |
rektguy
![]() |
0.40 ETH
$1,021.48
|
0.0% | 4.7% | 2.8% |
|
$9,003,360
3,525 ETH
|
7.64 ETH
$19,524.48
|
20 | ||
52 |
![]() |
Sproto Gremlins
![]() |
1.06 ETH
$2,700.97
|
3.6% | 5.7% | 5.7% |
|
$8,994,224
3,521 ETH
|
1.23 ETH
$3,141.85
|
1 | ||
53 |
![]() |
Azuki Elementals
![]() |
0.20 ETH
$505.74
|
0.5% | 0.0% | 15.6% |
|
$8,920,162
3,492 ETH
|
13.37 ETH
$34,145
|
58 | ||
54 |
![]() |
Opepen Edition
![]() |
0.22 ETH
$554.37
|
2.4% | 1.1% | 22.4% |
|
$8,869,920
3,472 ETH
|
10.69 ETH
$27,317
|
23 | ||
55 |
![]() |
DeGods
![]() |
Buy
|
0.38 ETH
$971.74
|
2.4% | 4.7% | 22.2% |
|
$8,735,945
3,420 ETH
|
2.42 ETH
$6,176.41
|
7 | |
56 |
![]() |
Quantum Cats
![]() |
0.024 BTC
$2,532.57
|
13.7% | 2.7% | 41.2% |
|
$8,441,047
79.99 BTC
|
0.38 BTC
$40,426
|
18 | ||
57 |
![]() |
Lifinity Flares
![]() |
5.99 SOL
$882.01
|
1.8% | 2.2% | 30.0% |
|
$8,379,103
56,880 SOL
|
29.82 SOL
$4,392.52
|
5 | ||
58 |
![]() |
Cool Cats
![]() |
0.33 ETH
$838.49
|
6.1% | 17.7% | 14.7% |
|
$8,358,022
3,272 ETH
|
3.89 ETH
$9,923.64
|
12 | ||
59 |
![]() |
MoonCats - Acclimated
![]() |
0.15 ETH
$382.13
|
0.7% | 2.7% | 25.2% |
|
$7,882,971
3,086 ETH
|
1.02 ETH
$2,610.54
|
7 | ||
60 |
![]() |
Pudgy Rods
![]() |
0.38 ETH
$970.65
|
1.4% | 7.9% | 5.9% |
|
$7,177,937
2,810 ETH
|
1.97 ETH
$5,035.53
|
5 | ||
61 |
![]() |
Gemesis
![]() |
0.030 ETH
$75.56
|
1.6% | 10.4% | 25.3% |
|
$7,159,463
2,803 ETH
|
5.40 ETH
$13,799.26
|
183 | ||
62 |
![]() |
RΞMNANTS
![]() |
11.17 ETH
$28,532
|
1.9% | 39.8% | 39.8% |
|
$7,133,007
2,792 ETH
|
8.57 ETH
$21,891
|
1 | ||
63 |
![]() |
Clone X
![]() |
0.14 ETH
$358.74
|
0.5% | 11.1% | 19.1% |
|
$7,090,145
2,776 ETH
|
0.92 ETH
$2,354.34
|
5 | ||
64 |
![]() |
Kaito Genesis
![]() |
1.80 ETH
$4,585.16
|
5.7% | 12.0% | 29.6% |
|
$6,877,737
2,693 ETH
|
18.90 ETH
$48,277
|
11 | ||
65 |
![]() |
Impostors Genesis Aliens
![]() |
0.24 ETH
$612.45
|
9.7% | 18.9% | 68.0% |
|
$6,381,743
2,498 ETH
|
0.89 ETH
$2,272.83
|
4 | ||
66 |
![]() |
TOPIA Worlds
![]() |
0.25 ETH
$633.12
|
6.1% | 12.5% | 5.3% |
|
$6,330,575
2,478 ETH
|
0.44 ETH
$1,123.91
|
1 | ||
67 |
![]() |
Sports Rollbots
![]() |
0.22 ETH
$559.40
|
15.4% | 2.0% | 36.9% |
|
$5,593,998
2,190 ETH
|
1.50 ETH
$3,833.57
|
4 | ||
68 |
![]() |
BEANZ Official
![]() |
0.11 ETH
$273.32
|
1.4% | 4.0% | 13.4% |
|
$5,452,640
2,135 ETH
|
4.85 ETH
$12,400.49
|
46 | ||
69 |
![]() |
Murakami.Flowers Official
![]() |
0.21 ETH
$530.76
|
3.4% | 13.8% | 15.5% |
|
$5,400,477
2,114 ETH
|
1.06 ETH
$2,710.16
|
6 | ||
70 |
![]() |
Bitcoin Frogs
![]() |
0.005 BTC
$538.06
|
1.4% | 12.1% | 39.4% |
|
$5,380,640
50.99 BTC
|
0.057 BTC
$5,990.47
|
10 | ||
71 |
![]() |
DeGods (Solana)
![]() |
6.37 SOL
$938.72
|
1.5% | 1.2% | 10.4% |
|
$5,361,967
36,399 SOL
|
177.79 SOL
$26,191
|
29 | ||
72 |
![]() |
Skyborne - NexianGems
![]() |
0.63 ETH
$1,606.30
|
10.2% | 31.9% | 54.9% |
|
$5,353,806
2,096 ETH
|
11.31 ETH
$28,902
|
20 | ||
73 |
![]() |
LaserCat NFT
![]() |
4.02 ETH
$10,268.48
|
13.2% | 2.0% | 23.0% |
|
$5,339,610
2,090 ETH
|
3.55 ETH
$9,067.94
|
1 | ||
74 |
![]() |
Trump Digital Trading Cards
![]() |
0.043 ETH
$110.28
|
10.8% | 0.4% | 56.8% |
|
$4,962,661
1,943 ETH
|
2.10 ETH
$5,357.00
|
44 | ||
75 |
![]() |
Nakamigos
![]() |
0.096 ETH
$244.99
|
3.1% | 14.9% | 18.7% |
|
$4,882,306
1,911 ETH
|
5.13 ETH
$13,106.61
|
28 | ||
76 |
![]() |
Chimpers
![]() |
0.34 ETH
$877.42
|
3.2% | 3.5% | 12.4% |
|
$4,874,061
1,908 ETH
|
2.58 ETH
$6,588.27
|
8 | ||
77 |
![]() |
The Currency
![]() |
0.90 ETH
$2,298.91
|
5.2% | 48.6% | 10.9% |
|
$4,853,007
1,900 ETH
|
0.83 ETH
$2,109.89
|
1 | ||
78 |
![]() |
MetaWinners
![]() |
0.19 ETH
$480.14
|
13.6% | 39.0% | 36.3% |
|
$4,801,373
1,880 ETH
|
13.61 ETH
$34,758
|
65 | ||
79 |
![]() |
FLUF World
![]() |
0.18 ETH
$459.27
|
0.1% | 33.2% | 10.0% |
|
$4,592,667
1,798 ETH
|
0.69 ETH
$1,752.28
|
4 | ||
80 |
|
goblintown.wtf
![]() |
0.18 ETH
$459.53
|
7.7% | 36.4% | 40.0% |
|
$4,429,843
1,734 ETH
|
1.40 ETH
$3,588.67
|
8 | ||
81 |
![]() |
Pixels - Farm Land
![]() |
0.34 ETH
$879.46
|
9.4% | 24.5% | 16.8% |
|
$4,397,311
1,721 ETH
|
0.92 ETH
$2,342.34
|
2 | ||
82 |
![]() |
Common Wealth Genesis NFT Series 1
![]() |
0.99 ETH
$2,528.80
|
13.9% | 1.0% | 0.0% |
|
$4,374,833
1,713 ETH
|
2.97 ETH
$7,586.41
|
3 | ||
83 |
![]() |
DeepBlack
![]() |
0.55 ETH
$1,404.89
|
0.1% | 13.5% | 14.6% |
|
$4,318,637
1,691 ETH
|
0.54 ETH
$1,388.43
|
1 | ||
84 |
![]() |
Habbo Avatars
![]() |
0.15 ETH
$370.38
|
4.6% | 3.3% | 3.3% |
|
$4,296,044
1,682 ETH
|
3.60 ETH
$9,193.09
|
25 | ||
85 |
![]() |
Tensorians
![]() |
2.89 SOL
$425.36
|
0.0% | 14.6% | 4.4% |
|
$4,255,311
28,887 SOL
|
9.58 SOL
$1,411.46
|
2 | ||
86 |
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CyberKongz (Babies)
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0.40 ETH
$1,021.74
|
0.0% | 1.2% | 23.1% |
|
$4,086,947
1,600 ETH
|
1.39 ETH
$3,545.44
|
4 | ||
87 |
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The Potatoz
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0.16 ETH
$406.91
|
6.6% | 5.7% | 21.1% |
|
$4,068,670
1,593 ETH
|
2.87 ETH
$7,322.18
|
18 | ||
88 |
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Hedz by Matt Furie
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1.55 ETH
$3,959.24
|
29.2% | 0.0% | 0.0% |
|
$3,959,240
1,550 ETH
|
1.18 ETH
$3,014.13
|
1 | ||
89 |
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Bitcoin Burials
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0.004 BTC
$384.11
|
15.8% | 6.7% | 6.7% |
|
$3,841,061
36.40 BTC
|
0.15 BTC
$15,980.71
|
40 | ||
90 |
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Natcats
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0.004 BTC
$474.86
|
10.0% | 18.2% | 40.0% |
|
$3,829,234
36.29 BTC
|
0.024 BTC
$2,536.79
|
4 | ||
91 |
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The Wizards of Ord
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0.011 BTC
$1,139.65
|
8.0% | 13.7% | 28.9% |
|
$3,798,468
36.00 BTC
|
0.060 BTC
$6,383.19
|
6 | ||
92 |
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The Plague NFT
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0.13 ETH
$329.51
|
6.1% | 19.4% | 29.1% |
|
$3,533,978
1,384 ETH
|
0.75 ETH
$1,926.10
|
6 | ||
93 |
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Parallel Avatars
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0.12 ETH
$319.29
|
6.4% | 27.7% | 52.5% |
|
$3,512,520
1,375 ETH
|
0.77 ETH
$1,968.35
|
6 | ||
94 |
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Checks
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0.24 ETH
$604.82
|
3.6% | 8.3% | 23.3% |
|
$3,449,900
1,351 ETH
|
1.28 ETH
$3,269.54
|
2 | ||
95 |
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Pizza Ninjas
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0.022 BTC
$2,300.41
|
0.9% | 27.1% | 44.1% |
|
$3,450,622
32.70 BTC
|
0.032 BTC
$3,404.71
|
2 | ||
96 |
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Famous Fox Federation
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2.34 SOL
$344.81
|
1.9% | 2.8% | 25.6% |
|
$3,377,765
22,929 SOL
|
193.89 SOL
$28,562
|
84 | ||
97 |
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a KID called BEAST
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0.13 ETH
$333.55
|
0.3% | 2.5% | 29.0% |
|
$3,335,186
1,306 ETH
|
1.02 ETH
$2,616.37
|
7 | ||
98 |
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My Pet Hooligan
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0.14 ETH
$370.12
|
7.5% | 27.2% | 22.9% |
|
$3,289,649
1,288 ETH
|
0.72 ETH
$1,837.82
|
5 | ||
99 |
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PXQuest Adventurer
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0.17 ETH
$435.51
|
22.0% | 17.2% | 18.8% |
|
$3,266,296
1,279 ETH
|
1.55 ETH
$3,972.01
|
9 | ||
100 |
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Mint Pass Tokyo | Bright Moments | MPTK
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1.15 ETH
$2,937.50
|
0.0% | 0.0% | 0.0% |
|
$3,231,251
1,265 ETH
|
0.65 ETH
$1,660.33
|
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Featured NFT Articles
What Are NFTs?
A non-fungible token (NFT) is a digital asset or a unique identifier that assigns, links, or proves ownership of unique physical and digital goods. These goods can be anything ranging from artwork, music, digital real estate, or videos. In simple terms, NFTs are unique crypto tokens managed on a blockchain and they can be considered as modern-day collectibles. Each NFT is coded with a unique ID and other metadata that are impossible to replicate on other tokens. The blockchain acts as a decentralized ledger that is used to track the transaction history and ownership of the NFT, and this makes it difficult to be counterfeited or altered. Any digital object can become an NFT and anyone can make an NFT. To convert a digital object to an NFT, you just need to mint or put the object on the blockchain as a token and put the digital artwork for sale. NFT creators can choose to attach a commission to the file and get paid for every sale or resale of the file.
What is a NFT floor price?
Floor price refers to the lowest price for an NFT collection that someone can buy directly from the market. You can now track market data for NFT collections using our new NFT Data API.
How to Calculate NFT Floor Prices?
NFT floor price is the lowest price an individual is willing to sell an NFT for. Alternatively, the NFT floor price can also be the lowest amount of ETH a person is able to spend to own an NFT or become a member of an NFT project. NFT floor price is often determined and set by the owner of the NFT. The seller can decide to choose a floor price that is less than that of other similar NFTs within the NFT project. Knowing how to calculate the floor price of an NFT will save you the trouble of making a bad investment. In most cases, NFT investors use the floor price to determine the rarity of an NFT and find out if the NFT project has the chance of appreciating in value. The major determinant of the value of NFT floor price is the demand. If the NFT is in high demand, the seller will not want to sell it at a price lower than the value of other NFTs in the project. But if the reverse is the case and the demand for the NFT is low, the seller will most likely pick a low floor price in order to sell out the NFT quickly before it freezes out. As stated above, the floor price of an NFT is determined by the demand for the NFT. Below are factors that can affect the demand for an NFT and ultimately affect the floor price of NFTs: - The utility of the NFT - The uniqueness of the product - Creator's popularity - The product appeal to a wide range of buyers - The diversity of the NFT creators
What is NFT Market Cap?
NFT market cap is the total value of all NFTs in a collection in circulation, calculated by multiplying the total supply of NFTs in a collection by the current floor price. It serves as a valuation indicator to compare NFT assets with each other and with other cryptocurrencies. The rank that we assign to a collection reflects its position across all NFT collections in all the chains that we are tracking, hence you can consider it as a global market cap ranking.
How Do NFTs Differ From Cryptocurrencies?
Cryptocurrencies are identical to each other and can serve as a medium of commercial exchange, NFTs on the other hand, cannot be exchanged or traded at equivalency. This is because they are not identical to each other. Fungible items like cryptocurrency and fiat money can be exchanged with one another without losing value because their value is not tied to their uniqueness. An example of a fungible item is a dollar bill. Every $1 bill has the same value, so exchanging one bill with another bill that has a different serial number will in no way reduce the value of the $1 bill. The reverse is the case with NFTs. Each token is unique and is not always worth the same amount as other similar tokens.
Why Do NFTs Have Value?
The primary reason for NFT value is that each token is unique and cannot be interchanged. NFTs are also valuable because they help verify the authenticity and ownership of a non-fungible asset. Even though these digital assets may be duplicated, the original is unique and irreplaceable. Plainly put, the value of NFTs is tied to the non-fungibility of the tokens. Unlike fungible tokens, NFTs cannot be broken down into smaller units. Fungible tokens such as bitcoin are divisible into smaller units. For instance, bitcoin can be split into Satoshi. The implication of this is that even though an NFT asset can be copied, the digital certificate of ownership that can be bought or sold along with the artwork can't be duplicated. Only the original asset has the ownership certificate. So while other people may have access to the asset, none of them can claim ownership of it. Even though the NFTs are virtual, the fact that their ownership and authenticity can be verified makes them valuable.
What are NFTs Used For?
NFT buyers can choose to do whatever they like with their NFT after purchase. In most cases, the use of the NFT is dependent on what type of NFT it is.
Some may choose to hold NFTs that they believe will have long-term value, while others may sell their NFTs after buying just to make some profit. Savvy NFT traders take advantage of price fluctuations and actively trade NFTs to generate profit.
On the other hand, some NFT buyers like art collectors are not interested in reselling the NFT. They buy NFTs because they like collecting them. This group of buyers derive joy from knowing that they are the sole owners of certain digital assets.
Also, the importance and uses of NFTs keeps increasing as more categories are being discovered.
Below are some things you can use NFTs for:
1. Verifying the Authenticity of Products
NFTs are used to store information regarding the manufacturing process and ownership of a product on the blockchain.
This information cannot be tampered with or duplicated.
The fact that all this information about a product can be accessed easily helps to solve the problem of the circulation of fake copies of a product.
2. Gaming Industry
The uses of NFTs in the gaming industry cannot be overemphasized. Game developers use NFTs to create a constant stream of revenue by having gamers buy and trade in-game NFT items.
The use of NFTs in the gaming industry also enables gamers to make easier and safer transactions devoid of middlemen within the blockchain.
3. Intellectual Property and Patents
You can use NFTs to protect intellectual property and patents and also prove your ownership of any piece of digital content.
The traditional IP right tools like trademarks and copyrights are not as efficient as NFTs when it comes to protecting and proving the real ownership of a piece of content.
With NFTs, the creator of content can prove that he is the original creator of a digital asset at any given time.
4. Utility in the Metaverse
NFTs play a leading role in shaping the virtual reality future like the metaverse.
Literally, every item sold in the metaverse is an NFT. Transactions are already being made in the metaverse using NFT coins.
The future avatar of every metaverse user is also an NFT.
How to Mint NFTs
Anyone can mint NFTs. This minting can be done on many of the available NFT marketplaces like OpenSea, SuperRare, and Rarible.
Because many of these marketplaces are only available on the Ethereum network, you must have Ethereum's native currency Ether, and a wallet compatible with the Ethereum network to be able to mint NFTs.
The process of minting NFTs in each marketplace may be slightly different, but they are similar. The major difference in the minting process is the fees charged by each marketplace.
The minting steps below are applicable to most marketplaces:
Step 1: Create a Crypto Exchange Account.
You will need Ether in your wallet to pay the minting fee.
Step 2: Create a Crypto Wallet
To get started with the minting process you need to open a crypto wallet and connect it to the NFT Marketplace.
If you are using a wallet like Coinbase or MetaMask, you may be asked to connect your wallet through a QR code scanner on your smartphone or download the wallet to your computer.
Step 3: Send Ether to your Wallet
After setting up your wallet, the next thing to do is to send Ether from your exchange to your wallet.
In most cases, you will be able to send crypto to a wallet with a public address.
Your wallet's public address will always be visible when you open your wallet plugin on the browser or on your smartphone.
Step 4: Connect Your Wallet
After opening your wallet, go to the website of the platform you are using and click on the profile option.
When you do this, you will see an option for connecting your wallet to the marketplace.
Select the option.
Once the wallet is connected and your marketplace profile has been created, you will need to complete your profile by entering a username and your email address to verify your account.
Your profile can include information such as what type of crypto you accept as payment, your website, and social media link, and some information about yourself.
Step 5: Mint Your NFT
After opening your wallet, go to the website of the platform you are using and click on the profile option.
When you do this, you will see an option for connecting your wallet to the marketplace.
Select the option.
Once the wallet is connected and your marketplace profile has been created, you will need to complete your profile by entering a username and your email address to verify your account.
Your profile can include information such as what type of crypto you accept as payment, your website, and social media link, and some information about yourself.
Step 6: Sell Your NFT
After creating your NFT, you will need to list it for sale.
To do this, click on the "Sell" option on your NFT page. You will be redirected to a new page where you can choose to sell your NFT for a fixed price or auction it.
If you are selling at a fixed price, set the price you want to sell at, then complete the listing.
Before finally listing your NFT for sale, your platform may ask you to initialize your wallet. You will also need to confirm the selling price through your wallet.
Once this is done, your NFT has been minted and is ready for sale.