How is floor price calculated NFT?

The “floor price” in an NFT market is the lowest price of any NFT within a certain category . This doesn’t necessarily mean that you should go buy the cheapest NFT out of the entire project. Find the category you want to invest in (for example the “rare” NFTs from the project) and pick up the cheapest one.

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What is a good price for an NFT?

By January 23, the average sale price was $1,363. In January 2021, the average sale price of an NFT was $347, according to nonfungible.com. … The average price of an NFT swung between $6,900 and $1,400 in January. MonthAverage NFT priceFebruary 2021$1,816.81January 2021$346.85The NFT Market: Average NFT Prices, Largest Marketplaces, and More www.fool.com › the-ascent › research › nft-market

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