• Wrapped CryptoCats Official is a non-fungible token collection built on the Ethereum network.
• There are 160 owners in the collection with 273 sales made at an average price of 4.47 ETH (~$7,437.49).
• Payment tokens for Wrapped CryptoCats Official include ETH, DAI, WETH and USDC.
Overview of Wrapped CryptoCats Official
Wrapped CryptoCats Official is a non-fungible token (NFT) collection built on the Ethereum network launched in 14 March, 2021. 315 items of the Wrapped CryptoCats Official collection can now be viewed at OpenSea. The total number of owners has reached 160 within 731 days since its release.
Price and Sales of Wrapped CryptoCats Official
The market capitalization of Wrapped CryptoCats Official NFT collection is 0 ETH. Since created the Wrapped CryptoCats Official, 273 collections sales were made at an average price of 4.47 ETH (~$7,437.49 at the time of writing). This created a total volume in 1,219.497 ETH. The floor price of Wrapped CryptoCats Official is 3.25 and the 30-day trading volume is kept at 4.49 ETH. The payment tokens of the Wrapped CryptoCats Official collection are ETH, DAI, WETH and USDC.
Why Some NFTs Are Expensive And Others Not?
NFTs are very new to the blockchain ecosystem and are still in their infancy thus there is no historical data or precedence that can assist in determining the value of an NFT project or NFTs themselves yet some projects have garnered legitimacy purely because they had a first-mover advantage and others have been made purely out of greed exploiting immense market growth hence why some projects have no value while others become expensive over time due to their success stories or creative space recognition from artists who acknowledge its value add to their art pieces as well as opportunists taking advantage from market growth opportunities when they arise..
Is The Collection Over Or Underpriced?
It is difficult to determine whether NFTs from theWrapped CryptoCats Officiallcollection is overpriced or underpriced due to this being an emerging market without any precedence that could assist in such assessment however it will become clearer when more active development and promotion occur by its creators and community as it will influence prices accordingly .
Examples Of Collection Items
Examples fromtheWrappedCryptoCatsofficialcollection include Cat #14, Cat #339 , Cat #271 and Cat #286 which showcase different art pieces that can be used as digital collectibles such as avatars etcetera through blockchain technology based on Ethereum network protocol standards