Shelling Out $30K or More in Ethereum — A Look at the Top 5 NFT Floor Prices
Non-fungible token (NFT) assets have been very popular for well over 12 months and a great number of collections have skyrocketed in value. While interest in NFTs has slid to a four-month low according to Google Trends search queries, a vast quantity of NFTs are still selling for hundreds of thousands or even millions of dollars in crypto. The following is a look at the top five NFT floor prices in terms of the most expensive digital collectibles in March 2022. The Top 5 NFT Floor Values Are $30K or More Bitcoin.com News has been reporting on NFT weekly sales volume dropping....
Related News
Data on the most well recognized nonfungible token (NFT) projects show that key metrics have fallen with floor prices and market capitalization over the past month. “Blue-chip” nonfungible token (NFT) collections have seen their floor prices and market capitalization slide over the past 30 days, with some of the most well-recognized projects halving in value for these key metrics.Data collected on key Ethereum (ETH) NFT projects by DappRadar show the floor prices of established collections such as CryptoPunks, Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Moonbirds, are at....
Following several sessions of consolidation, ETH has finally caved in, dropping below the $2,000 floor in the process. As we move towards the end of the week bitcoin also fell for a second consecutive session, with prices falling below $29,000.
Bitcoin
Bitcoin dropped below the $29,000 level on Thursday, as bears continued to push prices lower this week.
As a result of a second consecutive session of selling, BTC/USD fell to an intraday low of $28,708.96 on Thursday.
This drop comes after prices were trading at a level of $30,016.18 on Wednesday. However....
The crypto markets has plunged by 14% over the past 24 hours, including the double whammy of Ethereum’s loss of 18% and Bitcon’s dip by 16% while NFT sales are also suffering from the crypto market crash but primarily because of ETH prices plummeting. On a lighter note, NFT trading volume has incremented over the 24 hours by 54%, which is an excellent opportunity for collectors to hoard prized NFT collections. The prices of high-end and popular nonfungible token collections like Bored Ape Yacht Club have also plunged; its lowest NFT floor price dropped by as much as 16%, or $107,000. The....
Despite the massive downturn in the NFT market, CryptoPunk 4464’s $2.6 million price tag signals that top NFT projects are still managing to attract some serious attention. Despite a major decline in trading volume across the broader non-fungible token (NFT) market, a single CryptoPunk has sold for a whopping 2,500 ETH which equates to a price tag of just over $2.6 million.The $2.6 million transaction makes the sale of CryptoPunk 4464 — one of just 24 ape-themed CryptoPunks — the largest NFT sale of the last 30 days across the entire market. Punk 4464 bought for 2,500 ETH ($2,615,224.91....
An ongoing debt crisis at lending platform BendDAO is also increasing the risks of the NFT bubble going bust. OpenSea, the world's largest nonfungible token (NFT) marketplace, has witnessed a substantial drop in daily volumes as fears about a potential market bubble grow.OpenSea volume plummets to yearly lowsNotably, the marketplace processed nearly $5 million worth of NFT transactions on Aug. 28 — approximately 99% lower than its record high of $405.75 million on May 1, according to DappRadar.OpenSea users, volume, and transactions statistics. Source: DappRadarThe massive declines in....