NFT Collection grumpls Price, Stats, and Review

What is an grumpls? grumpls are a non-fungible tokens collection built on the Ethereum network launched in 27 July, 2022. 3,828 items of the grumpls collection can now be viewed at OpenSea. How many owners does the grumpls collection have? The total number of owners has reached 1897 within 212 days since its release. NFT Collection grumpls Price and Sales The market capitalization of grumpls NFT collection is 822.72 ETH. Since created the grumpls, 2,761 collections sales were made at an average price of 0.66 ETH (~$1,055.95 at the time of writing). This created a total volume in 1,825.226 ETH. The floor price of grumpls is 0.2489 and the 30-day trading volume is kept at 46.51 ETH. The payment tokens of the grumpls 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 grumpls Collection Over or Underpriced? It is difficult to determine whether NFTs from the grumpls 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 grumpls collection is developed and promoted by its creators and community. grumpls NFT Collection Examples grumpl #0 grumpl #1 grumpl #2 grumpl #3 grumpls fees Buyer fee to dev: 0 basis points Seller fee to dev: 750 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: 1000 basis points grumpls editors list The approved editor's accounts of grumpls collection are 0xa6e969a99f3bf3a726aaa8c7f53a8f1e8bd64eb1, 0x62ac2dbbd306610ff8652b9e0d1a310b6c6afa0f. 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.