• CHIBI DINOS are a non-fungible tokens collection built on the Ethereum network launched in 20 August, 2021.
• The total number of owners has reached 2934 within 551 days since its release.
• The market capitalization of CHIBI DINOS NFT collection is 541.56 ETH, with 17,878 collections sales made at an average price of 0.13 ETH.
About CHIBI DINOS
CHIBI DINOS are a non-fungible tokens collection built on the Ethereum network launched in 20 August, 2021. 9,999 items of the CHIBI DINOS collection can now be viewed at OpenSea. The total number of owners has reached 2934 within 551 days since its release.
Market Capitalization and Sales
The market capitalization of CHIBI DINOS NFT collection is 541.56 ETH. Since created the CHIBI DINOS, 17,878 collections sales were made at an average price of 0.13 ETH (~$217.89 at the time of writing), creating a total volume in 2,403.520 ETH . The floor price of CHIBI DINOS is 0.05 and the 30-day trading volume is kept at 5.09 ETH . The payment tokens of the CHIBI DINOS 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 , 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 creative space , others have been made purely out greed and need to exploit immense market growth . NFT projects stem from greed exploitation often have no value ultimately garbage .
Is it Over or Underpriced?
It is difficult to determine whether NFTs from CHIBI DINO sthe collection is overpriced or underpriced . Making such assessment will become clearer when markets for metaverses develops more actively . Price influenced by how CHIBID INOs developed promoted creators community too .
Fees
Buyer fee dev: 0 basis points Seller fee dev: 500 basis points Buyer fee opensea : 0 basis points Seller fee opensea : 250 basis points Buy