23. September 2023

Ready To Explore A New World? Get Your Shabu Town Shibas Now!

2 min read

• Shabu Town Shibas is an NFT collection launched on the Ethereum network in 16 August, 2021.
• The collection has 3198 owners and has a market capitalization of 0 ETH.
• The value of an NFT from the Shabu Town Shibas collection can be determined by its development, promotion and market growth.

What is an Shabu Town Shibas?

Shabu Town Shibas are a non-fungible tokens (NFTs) collection built on the Ethereum network launched in 16 August, 2021. There are 9,981 items of the Shabu Town Shibas collection that can be viewed at OpenSea.

How many owners does the Shabu Town Shibas Collection have?

The total number of owners has reached 3198 within 576 days since its release. The market capitalization of Shabu Town Shibas NFT collection is 0 ETH, with 7,193 collections sales made at an average price 0.17 ETH (~$280.90). Payment tokens accepted for Shabu Town Shibas include ETH, DAI, WETH, USDC and SHIB.

Why are some NFTs expensive and others not?

NFTs are very new to the blockchain ecosystem and still in their infancy. This creates a space for opportunists to take advantage of the market growth as some projects have been created out of greed rather than value or artistic merit. Established projects have had more time to improve and make themselves more valuable however there is still no historical data or precedence that can assist in determining the value of an NFT.

Is the Shabu Town Shibas Collection Over or Underpriced?

It is difficult to determine whether NFTs from the Shabu Town Shibas collection is overpriced or underpriced due to lack of historical data or precedence in determining its value plus how it’s developed and promoted by its creators and community also being influential factors when assessing this question.

Shabu Town Shibas NFT Collection Examples

Some examples from this collecton are #0 ,#1 ,# 2 & #3 . Fees associated with buying/selling these collections include a buyer fee to dev: 0 basis points & seller fee to dev: 8 basis points

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