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
|
42.00 ETH
$66,169
|
0.7% | 1.2% | 5.2% |
|
$661,291,591
419,748 ETH
|
224.34 ETH
$353,436
|
4 | |
2 |
![]() |
Infinex Patrons
![]() |
2.58 ETH
$4,061.51
|
5.2% | 5.7% | 4.5% |
|
$406,150,609
257,800 ETH
|
9.86 ETH
$15,533.91
|
4 | ||
3 |
![]() |
Bored Ape Yacht Club
![]() |
Buy
|
14.16 ETH
$22,307
|
0.2% | 3.9% | 11.6% |
|
$223,021,358
141,561 ETH
|
35.40 ETH
$55,771
|
2 | |
4 |
![]() |
Pudgy Penguins
![]() |
Buy
|
9.85 ETH
$15,518.17
|
2.6% | 1.8% | 0.1% |
|
$137,925,522
87,547 ETH
|
306.64 ETH
$483,100
|
31 | |
5 |
![]() |
Autoglyphs
![]() |
99.50 ETH
$156,757
|
0.0% | 0.0% | 0.0% |
|
$80,259,677
50,944 ETH
|
0 ETH
$0.00
|
0 | ||
6 |
![]() |
Mutant Ape Yacht Club
![]() |
Buy
|
2.47 ETH
$3,894.24
|
0.0% | 0.1% | 15.0% |
|
$76,132,436
48,324 ETH
|
31.10 ETH
$48,997
|
11 | |
7 |
![]() |
Chromie Squiggle by Snowfro
![]() |
4.45 ETH
$7,010.75
|
1.1% | 1.1% | 11.8% |
|
$70,107,483
44,500 ETH
|
0 ETH
$0.00
|
0 | ||
8 |
![]() |
Mad Lads
![]() |
47.01 SOL
$6,389.09
|
2.0% | 1.6% | 6.0% |
|
$63,673,710
468,530 SOL
|
138.94 SOL
$18,881.66
|
3 | ||
9 |
![]() |
Fidenza by Tyler Hobbs
![]() |
35.88 ETH
$56,527
|
0.0% | 0.0% | 7.1% |
|
$56,470,585
35,844 ETH
|
0 ETH
$0.00
|
0 | ||
10 |
![]() |
Sports Rollbots
![]() |
3.40 ETH
$5,356.53
|
294.9% | 623.5% | 750.0% |
|
$53,565,268
34,000 ETH
|
2.63 ETH
$4,149.73
|
2 | ||
11 |
![]() |
Milady Maker
![]() |
Buy
|
2.98 ETH
$4,693.57
|
2.2% | 1.6% | 14.6% |
|
$46,832,438
29,726 ETH
|
84.89 ETH
$133,745
|
29 | |
12 |
![]() |
Doodles
![]() |
Buy
|
2.94 ETH
$4,630.24
|
1.4% | 2.8% | 4.6% |
|
$46,293,167
29,384 ETH
|
34.94 ETH
$55,042
|
12 | |
13 |
![]() |
Azuki
![]() |
Buy
|
2.69 ETH
$4,237.74
|
1.5% | 5.7% | 5.3% |
|
$42,377,388
26,899 ETH
|
110.32 ETH
$173,803
|
39 | |
14 |
![]() |
Lil Pudgys
![]() |
1.21 ETH
$1,904.72
|
1.2% | 3.8% | 5.2% |
|
$41,722,839
26,483 ETH
|
70.01 ETH
$110,299
|
57 | ||
15 |
![]() |
Bitcoin Puppets
![]() |
0.039 BTC
$3,393.80
|
8.8% | 7.4% | 13.6% |
|
$33,941,355
389.04 BTC
|
1.06 BTC
$92,859
|
28 | ||
16 |
![]() |
VeeFriends
![]() |
2.09 ETH
$3,292.69
|
13.0% | 23.7% | 15.2% |
|
$33,766,521
21,433 ETH
|
23.01 ETH
$36,248
|
6 | ||
17 |
![]() |
NodeMonkes
![]() |
0.038 BTC
$3,280.38
|
10.6% | 20.0% | 20.0% |
|
$32,803,788
376.00 BTC
|
1.00 BTC
$87,261
|
27 | ||
18 |
![]() |
Taproot Wizards
![]() |
0.17 BTC
$15,180.48
|
1.7% | 5.9% | 24.3% |
|
$31,970,083
366.44 BTC
|
0.68 BTC
$59,448
|
4 | ||
19 |
![]() |
Creepz by OVERLORD
![]() |
1.77 ETH
$2,783.30
|
3.5% | 0.1% | 7.5% |
|
$29,141,136
18,497 ETH
|
8.67 ETH
$13,657.49
|
5 | ||
20 |
![]() |
Mocaverse
![]() |
1.95 ETH
$3,071.81
|
0.4% | 6.8% | 15.9% |
|
$27,302,252
17,330 ETH
|
48.54 ETH
$76,475
|
26 | ||
21 |
![]() |
OnChainMonkey (OCM) Genesis
![]() |
0.028 BTC
$2,477.73
|
11.4% | 1.9% | 18.1% |
|
$24,777,329
284.00 BTC
|
0.11 BTC
$9,574.17
|
4 | ||
22 |
![]() |
OCM Genesis by OnChainMonkey®
![]() |
0.028 BTC
$2,477.73
|
9.2% | 1.0% | 2.1% |
|
$24,777,329
284.00 BTC
|
0.084 BTC
$7,349.44
|
3 | ||
23 |
![]() |
Meebits
![]() |
Buy
|
0.61 ETH
$964.17
|
0.3% | 6.3% | 8.7% |
|
$19,282,532
12,239 ETH
|
0.68 ETH
$1,071.31
|
1 | |
24 |
![]() |
Paradise
![]() |
13.91 SOL
$1,890.39
|
1.2% | 39.5% | 39.5% |
|
$16,801,743
123,632 SOL
|
55.88 SOL
$7,594.56
|
5 | ||
25 |
![]() |
Wealthy Hypio Babies
![]() |
1.80 ETH
$2,835.81
|
0.0% | 21.0% | 56.5% |
|
$15,752,915
9,999 ETH
|
2.00 ETH
$3,150.90
|
1 | ||
26 |
![]() |
Claynosaurz
![]() |
11.28 SOL
$1,532.95
|
0.1% | 4.0% | 20.1% |
|
$15,329,515
112,799 SOL
|
116.71 SOL
$15,861.06
|
10 | ||
27 |
![]() |
Solana Monkey Business
![]() |
Buy
|
22.42 SOL
$3,046.89
|
2.1% | 2.9% | 5.7% |
|
$15,213,124
111,943 SOL
|
1,004 SOL
$136,383
|
45 | |
28 |
![]() |
Synclub's SnBNB Early Adopters
![]() |
1.00 BNB
$596.74
|
0.0% | 0.0% | 0.0% |
|
$15,135,821
25,364 BNB
|
2.75 BNB
$1,640.37
|
38 | ||
29 |
![]() |
Otherdeed Expanded
![]() |
0.17 ETH
$270.94
|
0.0% | 1.2% | 3.9% |
|
$15,004,074
9,524 ETH
|
9.37 ETH
$14,763.20
|
42 | ||
30 |
![]() |
Otherdeed for Otherside
![]() |
Buy
|
0.20 ETH
$317.05
|
0.3% | 1.7% | 3.7% |
|
$14,971,477
9,503 ETH
|
3.00 ETH
$4,724.72
|
14 | |
31 |
![]() |
Quantum Cats
![]() |
0.047 BTC
$4,133.63
|
1.3% | 16.4% | 54.4% |
|
$13,777,376
157.92 BTC
|
0.51 BTC
$44,751
|
11 | ||
32 |
![]() |
Neo Tokyo Citizen V2
![]() |
3.90 ETH
$6,142.68
|
0.0% | 0.2% | 8.3% |
|
$12,383,635
7,860 ETH
|
10.26 ETH
$16,164.11
|
3 | ||
33 |
![]() |
Ordinal Maxi Biz (OMB)
![]() |
0.025 BTC
$2,175.87
|
5.0% | 11.2% | 22.2% |
|
$11,408,073
130.76 BTC
|
0.28 BTC
$24,316
|
10 | ||
34 |
![]() |
Captainz
![]() |
0.72 ETH
$1,130.86
|
0.7% | 10.6% | 17.4% |
|
$11,307,512
7,177 ETH
|
18.88 ETH
$29,747
|
26 | ||
35 |
![]() |
Lifinity Flares
![]() |
8.60 SOL
$1,168.61
|
1.6% | 6.4% | 31.3% |
|
$11,101,834
81,691 SOL
|
40.74 SOL
$5,535.99
|
5 | ||
36 |
![]() |
MAX PAIN AND FRENS BY XCOPY
![]() |
0.99 ETH
$1,559.22
|
0.0% | 10.0% | 58.4% |
|
$10,866,218
6,897 ETH
|
0.93 ETH
$1,457.29
|
1 | ||
37 |
![]() |
GGSG: Galactic Geckos
![]() |
7.65 SOL
$1,040.19
|
0.0% | 3.6% | 6.8% |
|
$10,401,943
76,541 SOL
|
8.20 SOL
$1,114.39
|
1 | ||
38 |
![]() |
DeGods
![]() |
Buy
|
0.73 ETH
$1,150.28
|
1.4% | 4.5% | 28.5% |
|
$10,340,975
6,564 ETH
|
0 ETH
$0.00
|
0 | |
39 |
![]() |
Skyborne - NexianGems
![]() |
1.94 ETH
$3,051.49
|
1.4% | 8.2% | 20.9% |
|
$10,170,607
6,456 ETH
|
1.91 ETH
$3,010.68
|
1 | ||
40 |
![]() |
Bored Ape Kennel Club
![]() |
0.67 ETH
$1,058.86
|
4.2% | 16.3% | 45.2% |
|
$10,167,137
6,453 ETH
|
12.15 ETH
$19,134.76
|
17 | ||
41 |
![]() |
VeeFriends Series 2
![]() |
0.11 ETH
$170.15
|
10.4% | 15.4% | 47.9% |
|
$9,405,299
5,970 ETH
|
13.37 ETH
$21,061
|
102 | ||
42 |
![]() |
Tomorrowland: A Letter from the Universe
![]() |
10.67 SOL
$1,449.68
|
0.0% | 0.9% | 3.1% |
|
$9,406,970
69,219 SOL
|
10.46 SOL
$1,421.39
|
1 | ||
43 |
![]() |
mfers
![]() |
0.53 ETH
$833.40
|
3.7% | 10.5% | 14.7% |
|
$8,349,787
5,300 ETH
|
9.73 ETH
$15,328.02
|
10 | ||
44 |
|
Redacted Remilio Babies
![]() |
0.51 ETH
$803.15
|
2.4% | 5.2% | 12.1% |
|
$8,029,875
5,097 ETH
|
7.97 ETH
$12,552.98
|
9 | ||
45 |
![]() |
Bitcoin Frogs
![]() |
0.009 BTC
$785.19
|
2.9% | 0.1% | 26.4% |
|
$7,851,883
90.00 BTC
|
0.044 BTC
$3,831.23
|
5 | ||
46 |
![]() |
Degen Fat Cats
![]() |
2.80 SOL
$380.24
|
0.0% | 16.5% | 42.9% |
|
$7,603,997
55,952 SOL
|
14.66 SOL
$1,992.11
|
5 | ||
47 |
![]() |
Opepen Edition
![]() |
0.29 ETH
$456.88
|
1.3% | 21.4% | 123.1% |
|
$7,310,084
4,640 ETH
|
10.56 ETH
$16,635.30
|
23 | ||
48 |
![]() |
Azuki Elementals
![]() |
0.26 ETH
$405.68
|
1.4% | 1.8% | 3.3% |
|
$7,144,798
4,535 ETH
|
33.04 ETH
$52,051
|
93 | ||
49 |
![]() |
Sappy Seals
![]() |
0.44 ETH
$690.05
|
0.0% | 6.6% | 22.9% |
|
$6,898,381
4,379 ETH
|
3.04 ETH
$4,795.98
|
8 | ||
50 |
![]() |
Kanpai Pandas
![]() |
0.48 ETH
$763.93
|
5.0% | 1.8% | 41.4% |
|
$6,538,508
4,150 ETH
|
1.92 ETH
$3,030.20
|
4 | ||
51 |
![]() |
Cool Cats
![]() |
0.41 ETH
$649.08
|
0.5% | 0.2% | 2.5% |
|
$6,470,061
4,107 ETH
|
4.64 ETH
$7,311.66
|
11 | ||
52 |
![]() |
Moonbirds
![]() |
Buy
|
0.40 ETH
$631.44
|
0.0% | 5.5% | 2.8% |
|
$6,314,384
4,008 ETH
|
6.67 ETH
$10,501.81
|
17 | |
53 |
![]() |
DeGods (Solana)
![]() |
8.11 SOL
$1,102.20
|
1.3% | 4.3% | 4.9% |
|
$6,281,437
46,221 SOL
|
102.34 SOL
$13,908.65
|
13 | ||
54 |
![]() |
Bitcoin Punks
![]() |
0.006 BTC
$565.25
|
1.5% | 3.1% | 9.9% |
|
$5,652,546
64.79 BTC
|
0.040 BTC
$3,488.72
|
3 | ||
55 |
![]() |
Clone X
![]() |
0.18 ETH
$285.66
|
0.5% | 5.5% | 4.2% |
|
$5,645,761
3,584 ETH
|
4.06 ETH
$6,390.78
|
16 | ||
56 |
![]() |
Gemesis
![]() |
0.037 ETH
$57.98
|
0.1% | 26.7% | 12.2% |
|
$5,493,566
3,487 ETH
|
3.22 ETH
$5,066.28
|
81 | ||
57 |
![]() |
JRNY NFT Club
![]() |
0.34 ETH
$534.08
|
0.0% | 15.3% | 208.2% |
|
$5,340,771
3,390 ETH
|
0.94 ETH
$1,476.19
|
3 | ||
58 |
![]() |
Murakami.Flowers Official
![]() |
0.33 ETH
$516.61
|
11.1% | 26.1% | 91.9% |
|
$5,255,428
3,336 ETH
|
3.72 ETH
$5,864.31
|
12 | ||
59 |
![]() |
CrypToadz
![]() |
0.47 ETH
$740.29
|
0.0% | 10.3% | 6.3% |
|
$5,198,290
3,300 ETH
|
0.89 ETH
$1,401.99
|
2 | ||
60 |
![]() |
Good Vibes Club
![]() |
0.47 ETH
$740.46
|
4.4% | 80.8% | 27.5% |
|
$5,160,273
3,275 ETH
|
72.07 ETH
$113,544
|
127 | ||
61 |
![]() |
TOPIA Worlds
![]() |
0.33 ETH
$512.17
|
1.1% | 12.1% | 15.6% |
|
$5,121,203
3,251 ETH
|
8.00 ETH
$12,603.43
|
17 | ||
62 |
![]() |
alignDRAW
![]() |
1.19 ETH
$1,874.78
|
22.8% | 35.2% | 53.2% |
|
$5,078,791
3,224 ETH
|
3.01 ETH
$4,742.10
|
3 | ||
63 |
![]() |
RG Bytes
![]() |
0.64 ETH
$1,008.29
|
1.5% | 4.9% | 13.3% |
|
$5,040,429
3,199 ETH
|
2.17 ETH
$3,421.88
|
4 | ||
64 |
![]() |
MoonCats - Acclimated
![]() |
0.15 ETH
$243.41
|
2.9% | 0.0% | 3.4% |
|
$5,018,044
3,185 ETH
|
1.69 ETH
$2,665.64
|
11 | ||
65 |
![]() |
Pizza Ninjas
![]() |
0.037 BTC
$3,257.25
|
0.1% | 11.1% | 29.4% |
|
$4,885,876
56.00 BTC
|
0.074 BTC
$6,456.06
|
2 | ||
66 |
![]() |
Bitcoin Wizards
![]() |
0.042 BTC
$3,646.80
|
0.7% | 11.1% | 8.1% |
|
$4,879,424
55.93 BTC
|
0.032 BTC
$2,749.15
|
1 | ||
67 |
![]() |
Parallel Avatars
![]() |
0.28 ETH
$437.97
|
1.3% | 17.9% | 54.4% |
|
$4,818,144
3,058 ETH
|
1.97 ETH
$3,096.97
|
7 | ||
68 |
![]() |
Impostors Genesis Aliens
![]() |
0.28 ETH
$438.76
|
28.3% | 33.3% | 7.1% |
|
$4,571,889
2,902 ETH
|
5.32 ETH
$8,375.34
|
20 | ||
69 |
![]() |
BEANZ Official
![]() |
0.14 ETH
$226.71
|
5.0% | 10.3% | 1.6% |
|
$4,522,807
2,871 ETH
|
14.52 ETH
$22,874
|
67 | ||
70 |
![]() |
Pudgy Rods
![]() |
0.38 ETH
$606.53
|
1.5% | 2.5% | 17.2% |
|
$4,485,282
2,847 ETH
|
2.12 ETH
$3,343.10
|
5 | ||
71 |
![]() |
Natcats
![]() |
0.006 BTC
$526.85
|
6.2% | 24.5% | 29.8% |
|
$4,248,517
48.70 BTC
|
0.023 BTC
$2,030.98
|
4 | ||
72 |
![]() |
Jirasan
![]() |
0.26 ETH
$411.98
|
0.4% | 1.3% | 16.9% |
|
$4,119,799
2,615 ETH
|
3.76 ETH
$5,921.64
|
14 | ||
73 |
![]() |
Nakamigos
![]() |
0.13 ETH
$206.37
|
6.1% | 8.9% | 27.1% |
|
$4,112,741
2,611 ETH
|
4.19 ETH
$6,595.00
|
32 | ||
74 |
![]() |
The Potatoz
![]() |
0.26 ETH
$406.29
|
0.0% | 14.6% | 7.1% |
|
$4,062,519
2,579 ETH
|
14.56 ETH
$22,938
|
56 | ||
75 |
![]() |
Sproto Gremlins
![]() |
0.77 ETH
$1,212.76
|
0.0% | 4.8% | 9.3% |
|
$4,038,504
2,563 ETH
|
2.21 ETH
$3,475.12
|
3 | ||
76 |
![]() |
The Currency
![]() |
1.20 ETH
$1,890.29
|
4.0% | 3.2% | 20.0% |
|
$3,973,380
2,522 ETH
|
1.05 ETH
$1,654.22
|
1 | ||
77 |
![]() |
Project AEON
![]() |
0.74 ETH
$1,173.02
|
8.2% | 20.4% | 55.6% |
|
$3,909,674
2,482 ETH
|
0.68 ETH
$1,071.31
|
1 | ||
78 |
![]() |
Habbo Avatars
![]() |
0.21 ETH
$335.57
|
0.0% | 1.4% | 19.0% |
|
$3,892,266
2,471 ETH
|
0.70 ETH
$1,107.86
|
3 | ||
79 |
![]() |
Kaito Genesis
![]() |
1.64 ETH
$2,583.73
|
0.6% | 13.7% | 20.0% |
|
$3,875,602
2,460 ETH
|
17.77 ETH
$28,000
|
11 | ||
80 |
![]() |
Azra Games - The Hopeful
![]() |
0.43 ETH
$685.10
|
11.2% | 3.0% | 7.7% |
|
$3,805,731
2,416 ETH
|
5.05 ETH
$7,960.74
|
12 | ||
81 |
![]() |
77-Bit
![]() |
0.31 ETH
$488.37
|
0.0% | 4.4% | 14.6% |
|
$3,798,090
2,411 ETH
|
1.87 ETH
$2,939.70
|
6 | ||
82 |
![]() |
PX Quest
![]() |
0.32 ETH
$499.41
|
14.9% | 20.4% | 17.7% |
|
$3,745,607
2,377 ETH
|
2.64 ETH
$4,155.22
|
9 | ||
83 |
![]() |
PXQuest Adventurer
![]() |
0.32 ETH
$499.41
|
14.9% | 20.4% | 17.6% |
|
$3,745,607
2,377 ETH
|
2.91 ETH
$4,590.05
|
10 | ||
84 |
![]() |
a KID called BEAST
![]() |
0.23 ETH
$370.09
|
0.2% | 8.3% | 7.7% |
|
$3,700,533
2,349 ETH
|
3.92 ETH
$6,176.92
|
16 | ||
85 |
![]() |
My Pet Hooligan
![]() |
0.26 ETH
$406.31
|
11.4% | 0.0% | 8.8% |
|
$3,611,254
2,292 ETH
|
0.69 ETH
$1,093.66
|
3 | ||
86 |
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CENTS
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0.004 BTC
$357.61
|
1.0% | 28.1% | 18.2% |
|
$3,576,494
40.99 BTC
|
0.027 BTC
$2,312.84
|
6 | ||
87 |
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Famous Fox Federation
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3.20 SOL
$434.60
|
0.4% | 6.6% | 4.6% |
|
$3,379,871
24,870 SOL
|
102.70 SOL
$13,957.08
|
32 | ||
88 |
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Pixels - Farm Land
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0.42 ETH
$663.37
|
9.8% | 8.1% | 10.4% |
|
$3,316,864
2,105 ETH
|
2.53 ETH
$3,980.75
|
6 | ||
89 |
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Pixelmon
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0.16 ETH
$244.34
|
15.2% | 25.4% | 38.0% |
|
$3,177,350
2,017 ETH
|
1.67 ETH
$2,628.60
|
11 | ||
90 |
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Bitcoin Burials
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0.004 BTC
$317.57
|
15.8% | 6.7% | 6.7% |
|
$3,175,686
36.40 BTC
|
0.15 BTC
$13,212.42
|
40 | ||
91 |
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Tensorians
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2.50 SOL
$339.70
|
0.8% | 2.0% | 26.5% |
|
$3,012,447
22,166 SOL
|
4.63 SOL
$629.17
|
2 | ||
92 |
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Chimpers
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0.34 ETH
$538.97
|
0.8% | 3.2% | 9.5% |
|
$2,993,953
1,900 ETH
|
1.25 ETH
$1,967.74
|
4 | ||
93 |
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Retardio Cousins
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4.83 SOL
$655.82
|
0.3% | 15.7% | 32.6% |
|
$2,914,450
21,445 SOL
|
134.73 SOL
$18,310.39
|
26 | ||
94 |
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1000X GEM
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10.70 SOL
$1,454.14
|
2.0% | 30.9% | 35.9% |
|
$2,906,831
21,389 SOL
|
19.80 SOL
$2,690.84
|
2 | ||
95 |
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Treeverse Plots
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0.17 ETH
$267.56
|
0.1% | 6.0% | 26.2% |
|
$2,787,960
1,770 ETH
|
0.95 ETH
$1,504.38
|
6 | ||
96 |
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Okay Bears
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Buy
|
2.03 SOL
$275.30
|
0.0% | 0.2% | 30.2% |
|
$2,713,903
19,970 SOL
|
13.42 SOL
$1,823.60
|
6 | |
97 |
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Common Wealth Genesis NFT Series 1
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0.99 ETH
$1,559.69
|
13.9% | 1.0% | 0.0% |
|
$2,698,272
1,713 ETH
|
2.97 ETH
$4,679.08
|
3 | ||
98 |
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SMB Gen3
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2.46 SOL
$334.45
|
0.9% | 10.6% | 10.1% |
|
$2,681,308
19,730 SOL
|
18.96 SOL
$2,576.82
|
8 | ||
99 |
|
goblintown.wtf
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0.17 ETH
$266.09
|
0.5% | 40.8% | 3.2% |
|
$2,565,140
1,628 ETH
|
0.65 ETH
$1,031.92
|
4 | ||
100 |
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ICXN
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3.25 ETH
$5,120.21
|
0.0% | 28.0% | 132.3% |
|
$2,560,105
1,625 ETH
|
6.62 ETH
$10,429.47
|
2 |
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.