• Sad Frogs District is an Ethereum-based NFT collection with 6,993 items available on OpenSea.
• The market capitalization of Sad Frogs District is currently 0 ETH and there have been 9,416 sales so far at an average price of 0.25 ETH (~$400).
• It is difficult to determine whether the NFTs from Sad Frogs District are overpriced or underpriced due to the developing nature of the metaverse market.
What is an Sad Frogs District?
Sad Frogs District are a non-fungible tokens collection built on the Ethereum network launched in 9 August, 2021. 6,993 items of the Sad Frogs District collection can now be viewed at OpenSea.
How many owners does the Sad Frogs District collection have?
The total number of owners has reached 2186 within 562 days since its release.
Sad Frogs District Price and Sales
The market capitalization of Sad Frogs District NFT collection is 0 ETH. Since created the Sad Frogs District, 9,416 collections sales were made at an average price of 0.25 ETH (~$400.43 at the time of writing). This created a total volume in 2,326.453 ETH. The floor price of Sad Frogs District is 0.01 and the 30-day trading volume is kept at 0 ETH. The payment tokens of the Sad Frogs District collection are ETH, DAI, 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