• The mfer chicks is a 5,553-item NFT collection built on the Ethereum network.
• Since its release 383 days ago, it has attracted 2782 owners and generated a market capitalization of 41.28 ETH.
• Prices of individual NFTs from this collection will depend on their development and promotion by its creators and community.
What is an The Mfer Chicks?
The mfer chicks are a non-fungible tokens collection built on the Ethereum network launched in 22 February, 2022. 5,553 items of the The mfer chicks collection can now be viewed at OpenSea.
How Many Owners Does The Mfer Chicks Collection Have?
The total number of owners has reached 2782 within 383 days since its release.
Price And Sales
The market capitalization of The mfer chicks NFT collection is 41.28 ETH. Since created the The mfer chicks, 10,285 collections sales were made at an average price of 0.13 ETH (~$211.96 at the time of writing). This created a total volume in 1,375.030 ETH. The floor price of The mfer chicks is 0.0069 and the 30-day trading volume is kept at 0.35 ETH. Payment tokens accepted for purchasing are ETH and WETH only..
Why Are Some NFTs Expensive And Others Not?
NFTs are very new to the blockchain ecosystem and are still in their infancy; therefore there is no historical data or precedence that can assist in determining the value of an NFT accurately yet . Projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage as well as improved in terms of avoiding issues that have plagued other markets . Whereas some NFTs can be considered digital art created by artists who recognize their potential , others have been made out simply out greed or exploitation without any real value behind them .
Is The Mfer Chicks Collection Over Or Underpriced?
It is difficult to determine whether NFTs from the The mfer chicks collection is overpriced or underpriced due to lack of evidence or historical data to make such assumptions . Making such an assessment will become clearer when more actively developed metaverses and markets arise for these projects . Furthermore , prices will also vary depending on how much development and promotion goes into each project by its creators and community members alike .