NFT Collection Crypto Hobos Price, Stats, and Review

What is an Crypto Hobos? Crypto Hobos are a non-fungible tokens collection built on the Ethereum network launched in 19 September, 2021. 7,972 items of the Crypto Hobos collection can now be viewed at OpenSea. How many owners does the Crypto Hobos collection have? The total number of owners has reached 2823 within 520 days since its release. NFT Collection Crypto Hobos Price and Sales The market capitalization of Crypto Hobos NFT collection is 79.72 ETH. Since created the Crypto Hobos, 12,174 collections sales were made at an average price of 0.20 ETH (~$318.39 at the time of writing). This created a total volume in 2,391.638 ETH. The floor price of Crypto Hobos is 0.015 and the 30-day trading volume is kept at 0.70 ETH. The payment tokens of the Crypto Hobos 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. NFT projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage. These “established” NFT projects have also had the opportunity to improve and learn from the issues that have plagued the NFT market and have, in such a way, made themselves more valuable. When the NFT boom took flight, many people realized profits beyond their wildest dreams, creating a space for opportunists to take advantage of the market growth. While some NFTs can be considered digital art, created by an artist who recognizes the value NFTs can add to the creative space, others have been made purely out of greed and a need to exploit the immense market growth. NFT projects that stem from greed and exploitation often have no value and are ultimately garbage. Is the Crypto Hobos Collection Over or Underpriced? It is difficult to determine whether NFTs from the Crypto Hobos collection is overpriced or underpriced. Making such an assessment will become clearer when the market for NFTs and metaverses develops more actively. The price is also influenced by how the Crypto Hobos collection is developed and promoted by its creators and community. Crypto Hobos NFT Collection Examples Manny Mescalero Eyeblinkerton’s Five Roger Alan Zinger Brandon Albert Starsnake—Zlosrak Crypto Hobos fees Buyer fee to dev: 0 basis points Seller fee to dev: 500 basis points Buyer fee to opensea.io: 0 basis points Seller fee to opensea.io: 250 basis points Buyer fee: 0 basis points Seller fee: 750 basis points Crypto Hobos editors list The approved editor's accounts of Crypto Hobos collection are 0xa57cbab4bf1e1fb14cd375c5c374198df6d69db2. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.