NFT Collection Nifty League DEGENs Price, Stats, and Review

Table of Contents

• What is an Nifty League DEGENs?
• How many owners does the Nifty League DEGENs collection have?
• NFT Collection Nifty League DEGENs Price and Sales
• Why are some NFTs expensive and others not?
• Is the Nifty League DEGENs Collection Over or Underpriced?
• Nifty League DEGENs NFT Collection Examples
• Nifty League DEGENs fees
• Nifty League DEGENs editors list

What is an Nifty League DEGENs?

Nifty League DEGENs are a non-fungible tokens collection built on the Ethereum network launched in 22 September, 2021. 9,994 items of the Nifty League DEGENs collection can now be viewed at OpenSea.

How many owners does the Nifty League DEGENs collection have?

The total number of owners has reached 3093 within 516 days since its release.

NFT Collection Nifty League DEGENs Price and Sales

The market capitalization of Nifty League DEGENs NFT collection is 1,558.13 ETH. Since created the Nifty League DEGENs, 16,239 collections sales were made at an average price of 0.49 ETH (~$827.89 at the time of writing). This created a total volume in 7,887.707 ETH. The floor price of Nifty League DEGENs is 0.179 and the 30-day trading volume is kept at 68.62 ETH. The payment tokens of the Nifty League DEGENs 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 Nifty League DEGENs Collection Over or Underpriced?

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

Nifty League DEGENs NFT Collection Examples

Nifty Andy

Snarfy

NiftySpike

OG

Nifty League DEGENs 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

Nifty League DEGENs editors list

The approved editor's accounts of Nifty League DEGENs collection are 0x87e1237074760f57b424121edca06f082700dbc2.

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.