Bitcoin
Bitcoin (BTC)
$68,568.00 1.99425
Bitcoin price
Ethereum
Ethereum (ETH)
$3,759.02 0.26085
Ethereum price
BNB
BNB (BNB)
$596.01 0.43749
BNB price
Solana
Solana (SOL)
$168.12 -0.69181
Solana price
XRP
XRP (XRP)
$0.5218560 -0.20625
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000261 -5.07106
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000145 -0.71702
Pepe price
Bonk
Bonk (BONK)
$0.0000348 -5.94823
Bonk price
Bitcoin
Bitcoin (BTC)
$68,568.00 1.99425
Bitcoin price
Ethereum
Ethereum (ETH)
$3,759.02 0.26085
Ethereum price
BNB
BNB (BNB)
$596.01 0.43749
BNB price
Solana
Solana (SOL)
$168.12 -0.69181
Solana price
XRP
XRP (XRP)
$0.5218560 -0.20625
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000261 -5.07106
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000145 -0.71702
Pepe price
Bonk
Bonk (BONK)
$0.0000348 -5.94823
Bonk price
Bitcoin
Bitcoin (BTC)
$68,568.00 1.99425
Bitcoin price
Ethereum
Ethereum (ETH)
$3,759.02 0.26085
Ethereum price
BNB
BNB (BNB)
$596.01 0.43749
BNB price
Solana
Solana (SOL)
$168.12 -0.69181
Solana price
XRP
XRP (XRP)
$0.5218560 -0.20625
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000261 -5.07106
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000145 -0.71702
Pepe price
Bonk
Bonk (BONK)
$0.0000348 -5.94823
Bonk price
Bitcoin
Bitcoin (BTC)
$68,568.00 1.99425
Bitcoin price
Ethereum
Ethereum (ETH)
$3,759.02 0.26085
Ethereum price
BNB
BNB (BNB)
$596.01 0.43749
BNB price
Solana
Solana (SOL)
$168.12 -0.69181
Solana price
XRP
XRP (XRP)
$0.5218560 -0.20625
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000261 -5.07106
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000145 -0.71702
Pepe price
Bonk
Bonk (BONK)
$0.0000348 -5.94823
Bonk price
SirWin
SirWin
SirWin

Leading Ethereum NFT floor prices, sales fall while Ordinals rise

ethereum-nft-prices-sales-fall
Edited by
News
Leading Ethereum NFT floor prices, sales fall while Ordinals rise

The value of the price floor for several leading Ethereum NFT collections has seen a significant drop over the last week, while Bitcoin Ordinals have increased.

According to CoinGecko and Magic Eden, collections reported declines in the price floors of Bored Ape Yacht Club by 37%, Mutant Ape Yacht Club by 42%, and Pudgy Penguins by 38%. Conversely, the NodeMonkes Ordinals collection on the Bitcoin (BTC) blockchain has witnessed a 65% increase in value during the same timeframe.

The price floor refers to the minimum price at which an NFT from a collection is available for sale. The fluctuation in value is accompanied by a noticeable decrease in monthly trading volumes and the number of trades for NFTs on the Ethereum (ETH) blockchain.

Leading Ethereum NFT floor prices, sales fall while Ordinals rise - 1
7-day floor price in ETH of BAYC

According to The Block’s Data Dashboard, February’s trading volume fell to $786 million, marking over a 10% decrease from January’s $868 million. As of mid-March, the volume stands at $397 million.

Moreover, the total number of trades on Ethereum-based NFT marketplaces has declined since January, from over 627,000 to 536,000 in February, with March’s figure currently at 160,000. This downtrend extends to the monthly revenue of NFT marketplaces, which decreased from December’s $3.4 million to $1.6 million in February, a 51% drop, affecting platforms like OpenSea, X2Y2, and LooksRare.