4 ms·

It does fluctuate, but the floor price is still miraculously $16k

• Nemi 4mo ago
  Interesting. Prices, as they say, are set at the margins - so given that, what kind of liquidity is there? How many are transacting? If the price hasn't shifted from $16k, it could mean that everyone thinks they are worth $16k, OR it could mean that no one has bought one in years and the last transaction was $16k. Those are big differences.
  • scyclow 4mo ago
    No, people are still trading them for some reason, and there's pretty good liquidity. The highest offer right now is $15.2k, which someone can dump any of the 10k apes for that. And there were 16 sales (totaling $271K) in the last 24 hours.
    • JohnMakin 4mo ago
      yea, that’s my thing agains the whole “nft’s are worthless” thing, clearly there is a market for it. whether that’s a mechanism of or priced off of crypto trading or whatever i dont know, but it’s never been a thing in this market that they are “worthless,” they are still traded, and it’s been very stable