• Apes In Space NFT are a collection of non-fungible tokens built on the Ethereum network.
• There are 6,498 owners of the Apes In Space NFT collection with 7,726 collections sold and an average price of 0.24 ETH (~$386.69).
• The value of an NFT is determined by its popularity and market growth, as well as the development and promotion from its creators and community.
What is an Apes In Space NFT?
Apes In Space NFT are a non-fungible tokens collection built on the Ethereum network launched in 5 December, 2021. 9,999 items of the Apes In Space NFT collection can now be viewed at OpenSea.
How many owners does the Apes In Space NFT collection have?
The total number of owners has reached 6498 within 444 days since its release.
Price and Sales
The market capitalization of Apes In Space NFT NFT collection is 158.12 ETH. Since created the Apes In Space NFT, 7,726 collections sales were made at an average price of 0.24 ETH (~$386.69 at the time of writing). This created a total volume in 1,843.400 ETH. The floor price of Apes In Space NFT is 0.008 and the 30-day trading volume is kept at 0.11 ETH. The payment tokens of the Apes In Space NFT collection are ETH, WETH.
Why are some NFTs expensive and others not?
NFTs are very new to the blockchain ecosystem and are still in their infancy. It is an emerging market meaning there is no historical data or precedence that can assist in determining the value of an NFT. Projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage which makes them more valuable compared to other projects that stem from greed and exploitation often have no value and are ultimately garbage .
Is the Apes InSpace Collection Over or Underpriced?
It is difficult to determine whether or not this collection is overpriced or underpriced since it’s still in its infancy stage as a result making such assessment will become clearer when more active developments occur within metaverses . The price also depends on how it’s developed and promoted by its creators and community .