NFT Collection Sherbet NFTs Price, Stats, and Review

What is an Sherbet NFTs?

Sherbet NFTs are a non-fungible tokens collection built on the Ethereum network launched in 24 November, 2021. 7,773 items of the Sherbet NFTs collection can now be viewed at OpenSea.

How many owners does the Sherbet NFTs collection have?

The total number of owners has reached 2440 within 457 days since its release.

NFT Collection Sherbet NFTs Price and Sales

The market capitalization of Sherbet NFTs NFT collection is 218.11 ETH. Since created the Sherbet NFTs, 15,840 collections sales were made at an average price of 0.10 ETH (~$156.69 at the time of writing). This created a total volume in 1,553.791 ETH. The floor price of Sherbet NFTs is 0.024 and the 30-day trading volume is kept at 5.48 ETH. The payment tokens of the Sherbet NFTs collection are ETH, WETH, USDC.

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 Sherbet NFTs Collection Over or Underpriced?

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

Sherbet NFTs NFT Collection Examples

Sherbet 1

Sherbet 2

Sherbet 3

Sherbet 4

Sherbet NFTs fees

• Buyer fee to dev: 0 basis points
• Seller fee to dev: 500 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: 750 basis points

Sherbet NFTs editors list

The approved editor’s accounts of Sherbet NFTs collection are 0xe2665358fcd9ecd3f40fe4d1d87d473236180202.

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.