NFT Collection JungleBay Ape Club Price, Stats, and Review
What is an JungleBay Ape Club?
The JungleBay Ape Club is a collection of non-fungible tokens (NFTs) that were launched on the Ethereum network on January 6, 2023. Currently, there are 5555 items from the JungleBay Ape Club collection available for viewing on OpenSea.
How many owners does the JungleBay Ape Club collection have?
In just 512 days since its release, the collection has attracted a total of 1885 owners.
NFT Collection JungleBay Ape Club Price and Sales
The JungleBay Ape Club NFT collection currently holds a market capitalization of 175.70 ETH ETH. Since its creation, there have been 5735 collection sales with an average price of 0.13 ETH (approximately $233.71 at the time of writing), resulting in a total volume of 736.749 ETH. The floor price for JungleBay Ape Club is 0.042, and the 30-day trading volume is maintained at 0.70 ETH. The accepted payment tokens for the collection are .
Why are some NFTs expensive and others not?
NFTs are a relatively new phenomenon in the blockchain ecosystem and are still in their early stages of development. As an emerging market, there is a lack of historical data or established norms to determine the value of an NFT. The initial NFT projects that emerged during the market’s early boom gained legitimacy primarily due to being first movers. These “established” NFT projects have had the opportunity to learn from the challenges faced by the market and have consequently increased their value. During the NFT boom, many individuals saw unprecedented profits, attracting opportunists looking to exploit the market’s growth. While some NFTs are genuine works of digital art created by artists who recognize the value NFTs bring to the creative space, others have been driven purely by greed and the desire to capitalize on the market’s immense growth. NFT projects motivated by greed and exploitation often hold no value and can be considered worthless in the long run.
Is the JungleBay Ape Club Collection Over or Underpriced?
Assessing whether NFTs from the JungleBay Ape Club collection are overpriced or underpriced is challenging at this stage. A more accurate evaluation will be possible as the market for NFTs and metaverses evolves and becomes more active. Additionally, the pricing of the collection is influenced by factors such as the development and promotion efforts undertaken by the creators and community of the JungleBay Ape Club.
JungleBay Ape Club fees
- Buyer fee to dev: 0 basis points
- Seller fee to dev: 700 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: 950 basis points
JungleBay Ape Club editors list
The approved editor’s accounts of JungleBay Ape Club collection are 0xdc4aee24d421b2697f3e09da761b88d06f13e12e.