• M Ape Kids Club – M1 is a non-fungible token collection built on the Ethereum network.
• There are currently 1625 owners of the collection, and it has a market capitalization of 29.98 ETH.
• It has an average price of 0.23 ETH, with the floor price being 0.0119 ETH and the 30-day trading volume at 0.07 ETH.
What is M Ape Kids Club – M1?
M Ape Kids Club – M1 are a non-fungible tokens collection built on the Ethereum network launched in 28 December, 2021. 2,998 items of the M Ape Kids Club – M1 collection can now be viewed at OpenSea.
Number of Owners
The total number of owners has reached 1625 within 423 days since its release.
Price and Sales
The market capitalization of M Ape Kids Club – M1 NFT collection is 29.98 ETH. Since created the M Ape Kids Club -M1, 7,745 collections sales were made at an average price of 0.23 ETH (~$360.25 at the time of writing). This created a total volume in 1,746.752 ETH . The floor price of M Ape Kids Club -M1 is 0.0119 and the 30-day trading volume is kept at 0.07 ETH . The payment tokens of the M Ape Kids Club –M1 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 opportunities to improve and learn from issues that have plaguedthe NFT market which have increased their value over time . Whenthe NFT boom took flight , many people realized profits beyond their wildest dreams creating space for opportunists to take advantageof themarket growth . While some NFTs can be considered digital art, created by an artist who recognizes value they add to creative space , others were made purely outof greed and need to exploit immense market growth resultingin garbage with no value whatsoever .
Is The MAKC Collection Over or Underpriced?
It is difficult to determine whether NFTs from MAKC –M1collectionis overpriced or underpriced due lackof historical data or precedenceandstill developing metaversemarketgrowth making such assessment hardto make accuratelyclearly whenmarketforNFTsandmetaversesdevelops moreactivelyalso influenced by how MAKC–M1 developedpromotedbycreatorscommunity . Price alsoinfluenced by howMAKC–M 1 developedpromoted by creators community
M Ape Kids Fees
The buyer fee for developers for MAKC –M 1collectionis0 basis pointswhilesellerfee1000basis pointsdev .