NFT Collection Satoshibles Price, Stats, and Review

Table of Contents

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

What is an Satoshibles?

Satoshibles are a non-fungible tokens collection built on the Ethereum network launched in 13 June, 2021. 5,000 items of the Satoshibles collection can now be viewed at OpenSea.

How many owners does the Satoshibles collection have?

The total number of owners has reached 1446 within 619 days since its release.

NFT Collection Satoshibles Price and Sales

The market capitalization of Satoshibles NFT collection is 1,368.42 ETH. Since created the Satoshibles, 7,659 collections sales were made at an average price of 0.26 ETH (~$428.37 at the time of writing). This created a total volume in 2,024.357 ETH. The floor price of Satoshibles is 0.11 and the 30-day trading volume is kept at 127.93 ETH. The payment tokens of the Satoshibles 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 Satoshibles Collection Over or Underpriced?

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

Satoshibles NFT Collection Examples

Satoshible #1

Satoshible #2

Satoshible #3

Satoshible #4

Satoshibles fees

• Buyer fee to dev: 0 basis points
• Seller fee to dev: 600 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: 850 basis points

Satoshibles editors list

The approved editor's accounts of Satoshibles collection are 0x97a773115078108d255d6b1873445a5765e1e41d.

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.