NFT Collection Shabu Town Shibas Price, Stats, and Review

What is an Shabu Town Shibas?

Shabu Town Shibas are a non-fungible tokens collection built on the Ethereum network launched in 16 August, 2021. 9,981 items of the Shabu Town Shibas collection can now be viewed at OpenSea.

How many owners does the Shabu Town Shibas collection have?

The total number of owners has reached 3198 within 576 days since its release.

NFT Collection Shabu Town Shibas Price and Sales

The market capitalization of Shabu Town Shibas NFT collection is 0 ETH. Since created the Shabu Town Shibas, 7,193 collections sales were made at an average price of 0.17 ETH (~$280.90 at the time of writing). This created a total volume in 1,213.524 ETH. The floor price of Shabu Town Shibas is 0.004 and the 30-day trading volume is kept at 0.09 ETH. The payment tokens of the Shabu Town Shibas collection are ETH, DAI, WETH, USDC, SHIB.

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 Shabu Town Shibas Collection Over or Underpriced?

It is difficult to determine whether NFTs from the Shabu Town Shibas 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 Shabu Town Shibas collection is developed and promoted by its creators and community.

Shabu Town Shibas NFT Collection Examples

Shabu Town Shiba #0

Shabu Town Shiba #1

Shabu Town Shiba #2

Shabu Town Shiba #3

Shabu Town Shibas fees

• Buyer fee to dev: 0 basis points
• Seller fee to dev: 250 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: 500 basis points

Shabu Town Shibas editors list

The approved editor’s accounts of Shabu Town Shibas collection are 0x1a1dd4f1549ae231bedba4cfee750252f9f77209, 0x54e35a069ff7916d594c4b7fd404bd7688f589da.

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.