• Sad Frogs District is a collection of non-fungible tokens built on the Ethereum network.
• The market capitalization of the Sad Frogs District NFT collection is 0 ETH, and 9,416 collections sales have been made at an average price of 0.25 ETH.
• It is difficult to determine whether NFTs from the Sad Frogs District collection are overpriced or underpriced.
Overview of the Sad Frogs District Collection
Sad Frogs District are a non-fungible tokens collection built on the Ethereum network launched in 9 August, 2021. 6,993 items of the Sad Frogs District collection can now be viewed at OpenSea. The total number of owners has reached 2186 within 562 days since its release.
Price and Sales
The market capitalization of Sad Frogs District NFT collection is 0 ETH. Since created the Sad Frogs District, 9,416 collections sales were made at an average price of 0.25 ETH (~$400.43 at the time of writing). This created a total volume in 2,326.453 ETH. The floor price of Sad Frogs District is 0.01 and the 30-day trading volume is kept at 0 ETH. The payment tokens of the Sad Frogs District collection are ETH, DAI, WETH, USDC.
Why Are Some NFT’s Expensive?
NFTs are very new to the blockchain ecosystem and are still in their infancy meaning there is no historical data or precedence that can assist in determining their value. Projects that started during this boom have gained legitimacy due to their first-mover advantage and have had time to improve on issues that have plagued earlier iterations while becoming more valuable as they age.. However some projects may have been spawned out greed which often results in worthless garbage being released into circulation with no real value attached to them beyond what was initially invested by those looking for quick profits..
Is The Collection Overpriced or Underpriced?
It is difficult to determine whether NFT’s from this particular set are overpriced or underpriced as it depends upon how well it has been developed and promoted by its creators and community as well as how actively traded it becomes when more users enter into this arena . As such only time will tell if these assets will become increasingly valuable or if they will depreciate in worth..
Examples Of Collectables Within This Set:
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