What is an MurMur Cats?
MurMur Cats are a non-fungible tokens collection built on the Ethereum network launched in 8 January, 2022. 759 items of the MurMur Cats collection can now be viewed at OpenSea.
How many owners does the MurMur Cats collection have?
The total number of owners has reached 467 within 429 days since its release.
NFT Collection MurMur Cats Price and Sales
The market capitalization of MurMur Cats NFT collection is 2,352.94 ETH. Since created the MurMur Cats, 581 collections sales were made at an average price of 2.30 ETH (~$3,646.94 at the time of writing). This created a total volume in 1,336.497 ETH. The floor price of MurMur Cats is 3.74 and the 30-day trading volume is kept at 13.61 ETH. The payment tokens of the MurMur Cats 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 the opportunity to improve and learn from the issues that have plagued the NFT market and have, in such a way, made themselves more valuable. When the NFT boom took flight, many people realized profits beyond their wildest dreams, creating a space for opportunists to take advantage of the market growth. While some NFTs can be considered digital art, created by an artist who recognizes the value NFTs can add to the creative space, others have been made purely out of greed and a need to exploit the immense market growth. NFT projects that stem from greed and exploitation often have no value and are ultimately garbage.
Is the MurMur Cats Collection Over or Underpriced?
It is difficult to determine whether NFTs from the MurMur Cats collection is overpriced or underpriced. Making such an assessment will become clearer when the market for NFTs and metaverses develops more actively. The price is also influenced by how the MurMur Cats collection is developed and promoted by its creators and community.
MurMur Cats NFT Collection Examples
MurMur Cat #3
MurMur Cat #0
MurMur Cat #1
MurMur Cat #4
MurMur Cats fees
- Buyer fee to dev: 0 basis points
- Seller fee to dev: 1000 basis points
- Buyer fee to opensea.io: 0 basis points
- Seller fee to opensea.io: 250 basis points
- Buyer fee: 0 basis points
- Seller fee: 1250 basis points
MurMur Cats editors list
The approved editor’s accounts of MurMur Cats collection are 0x4574a002fba39c46097cfd4063b722a28509481c.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.