Non-fungible token (NFT) assets have been very popular for over 12 months and a large number of collections have exploded in value. While interest in NFTs has fallen to its lowest level in four months according to Google Trends search queries, a large amount of NFTs are still selling for hundreds of thousands or even millions of dollars in crypto. The following is an overview of the top five NFT price floors in terms of the most expensive digital collectibles in March 2022.
Top 5 NFT Floor Values Are $30,000 or More
Bitcoin.com News reported a decline in weekly NFT sales volume week over week over the past month. This week is no different as the last seven days NFT sales metric is down 23.80% of the previous week. Additionally, as mentioned above, Google Trends (GT) search queries indicate that searches around the world for the term “NFT” have slipped a lot.
Despite the drop in activity, many NFTs are sold at high prices to date and many NFTs have remained valuable. This weekend, Bitcoin.com News looked at the top five collections by highest floor price. The floor price is the lowest price of a particular NFT in a specific collection, which means that the rest of the NFTs in the collection sell above that value point. NFTs are also measured in average item price, which divides the average sale price by the number of sales.
The 5 Most Expensive NFT Floor Values Today
On March 12, 2022, the top NFT collection with the most expensive floor price is the Bored Ape Yacht Club (BAYC) NFTs. At the time of writing, the BAYCs created by Yugo Labs have a floor price of 80 ethers or $207,000. Currently, 6,374 unique addresses have at least one BAYC out of today’s 10,000 NFT BAYC supply cap.
The second highest floor price today comes from the Cryptopunks collection with a floor price of 75.95 ETH. This means that the cheapest Cryptopunk NFT today is valued at $196,000. Of the 10,000 existing Cryptopunks, 3,423 unique addresses have at least one Cryptopunk.
The third most expensive NFT floor price is much lower than BAYC and Cryptopunks floors, as the Mutant Ape Yacht Club (MAYC) NFT floor is only 18.48. ETH or $47,882, using current Ether exchange rates. The Yugo Labs NFT MAYC collection has 11,861 owners and 17,997 MAYC NFTs are available today.
The fourth highest floor value today comes from the Veefriends collection, as the floor price of the NFT compilation is 14.2 ether or $36,792. There are 10,255 Veefriend NFTs available and there are currently 5,247 owners, according to statistics.
Finally, the most expensive fifth floor today comes from the Clonex NFT collection. Currently, the floor price of a Clonex NFT is 11.2 ether or just over $29,000. 8,543 unique addresses have at least one Clonex NFT out of the 19,065 available NFTs.
Other notable NFT collections in March 2022 include Doodles, NFT Worlds, Azuki, World of Women (WoW), and Cool Cats. At the time of writing, Doodles has a floor of 10.2 ether, NFT Worlds has a floor of 9.98 ether, Azuki’s floor is 8.88 ETHWoW low is 7.9 ETH, and the floor of Cool Cats is currently 7.8 ether. This means that out of the ten most expensive floor prices, a user has to pay $20,000 or more for an NFT from any of the aforementioned NFT collections.
What do you think of the five highest NFT price floors today? Let us know what you think about this topic in the comments section below.
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