- NFTs or Non Fungible Tokens are non tradeable piece tokens, and can be in a digital form of anything like paintings, music, videos etc.
- The NFT sector has grown at a massive pace and has gained a mass amount of traction, where many collections have surged in their values.
- In recent news, it was found that search queries on google trends for terms metaverse and NFTs got reduced in previous months.
Let’s Take A Look At Top 5 NFT Floor Prices
NFT weekly sales volume has been declining week after week during the last month, according to a news source. This week is no exception, as the indicator for NFT sales during the last seven days is down 23.80% from the previous week.
Furthermore, as previously indicated, Google Trends (GT) search inquiries show that international searches for the phrase “NFT” have decreased significantly.
Despite the decline in activity, many NFTs are still being sold for top money, and many NFTs have retained their value. The floor value is the cheapest rate of any NFT in a collection, implying that the remainder of the collection’s NFTs sell for more than that price level.
NFTs are also calculated using the average product price, which is calculated by dividing the average selling price by the number of transactions.
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Top 5 High-Cost NFT Floor Prices
The Bored Ape Yacht Club (BAYC) NFTs are the top NFT assortment with the most costly floor value. The Yugo Labs-created BAYCs have a floor price of 80 ether, or $207K, as of this writing. Out of the 10,000 BAYC NFTs available today, 6,374 distinct addresses now hold at least one.
With a floor price of 75.95 ETH, the Cryptopunks collection has the second-highest floor value today. That implies today’s cheapest Cryptopunk NFT is worth $196,000. There are 3,423 distinct addresses that possess at least one Cryptopunk out of a total of 10,000 Cryptopunks.
The Mutant Ape Yacht Club (MAYC) NFT floor is merely 18.48 ETH, or $47,882, standing at no.3, utilizing present ether exchange rates, which is much less than the BAYC and Cryptopunks floors. There are 11,861 owners of the Yugo Labs NFT collection MAYC, and 17,997 MAYC NFTs are now accessible.
The Veefriends collection has the fourth highest-priced floor value today, with a floor price of 14.2 ether ($36,792) for the NFT compilation. As per statistics, there are 10,255 Veefriend NFTs accessible, with 5,247 owners.
Finally, the Clonex NFT collection has the fifth most expensive floor today. A Clonex NFT now has a floor price of 11.2 ether, or little over $29,000. Out of the 19,065 Clonex NFTs accessible, 8,543 distinct addresses own at least one.
Doodles, NFT Worlds, Azuki, World of Women (WoW), and Cool Cats are some of the other prominent NFT titles in March 2022. Doodles presently has a 10.2 ether floor, NFT Worlds has a 9.98 ether level, Azuki has an 8.88 ETH floor, WoW has a 7.9 ETH floor, and Cool Cats has a 7.8 ether floor. This indicates that for an NFT from one of above mentioned NFT collections, a user should spend $20K or more out of the top 10 most costly floor values.