The non-fungible token (NFT) asset has been very popular for over 12 months and has seen a huge collection skyrocketing in value. While interest in NFTs has dropped to a four-month low according to Google Trends search queries, a large number of NFTs are still selling for hundreds of thousands or even millions of dollars in crypto. The following is a look at the top five NFT floor prices in terms of most expensive digital collectibles in March 2022.
Top 5 NFT Floor Values $30K or More
Bitcoin.com News has been reporting a drop in NFT weekly selling volume week on week over the past month. This week is no different as the metric for the last seven days of NFT selling is down 23.80% from the previous week. Additionally, as noted above, Google Trends (GT) search queries indicate that worldwide searches for the term “NFT” have declined significantly.
Despite the decline in activity, many NFTs are still being sold at the top dollar today and many NFTs remain valuable. This weekend, Bitcoin.com News took a look at the top five collections with the highest floor prices. Minimum price is the minimum price of a particular NFT in a specific collection, meaning that the rest of the NFTs in the collection sell above that price point. NFTs are also measured in average item price, which divides the average selling price by the number of sales.
Today’s Top 5 Most Expensive NFT Floor Values
As on March 12, 2022, the top NFT collection with the most expensive floor price is Bored Ape Yacht Club (BAYC) NFT. At the time of writing, Yugo Labs has created BAYC with a minimum price of 80 Ether or $207K. Currently, 6,374 unique addresses own at least one BAYC out of a supply limit of 10,000 BAYC NFTs today.
The second highest floor price today stemmed from the Cryptopunks collection with a floor price of 75.95 ETH. This means that the least expensive Cryptopunk NFT is worth $196K today. Of the 10,000 cryptopunks in existence, 3,423 unique addresses are owned by at least one cryptopunk.
The third most expensive NFT floor is priced much lower than the BAYC and Cryptopunks floors, as the Mutant Ape Yacht Club (MAYC) NFT floor is only 18.48 ETH or $47,882 using current Ether exchange rates. Yugo Labs NFT Collection MAYC owns 11,861 and there are 17,997 MAYC NFTs available today.
The fourth highest floor value today comes from VFriends Collection as the floor price for the NFT compilation is 14.2 Ether or $36,792. As per the statistics, there are 10,255 VFriend NFTs available and currently 5,247 owners.
Finally, the fifth most expensive floor available today comes from the Clonex NFT Collection. Currently, the minimum price for Clonex NFT is 11.2 Ether or just over $29K. Of the 19,065 available NFTs, 8,543 unique addresses have at least one Clonex NFT.
Other notable NFT collections in March 2022 include Doodle, NFT Worlds, Azuki, World of Women (Wow) and Cool Cats. At the time of writing, Doodle has a floor of 10.2 Ether, NFT Worlds, 9.98 Ether, Azuki has a floor of 8.88 ETH, Wow has a floor of 7.9 ETH, and the CoolCats floor is currently at 7.8 ETH. This means that out of the top ten most expensive floor prices, a user would have to pay $20K or more for an NFT from one of the above NFT collections.
What do you think of the top five highest NFT floor prices today? Let us know what you think about this topic in the comment section below.
image credit: Shutterstock, Pixabay, WikiCommons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation or recommendation or endorsement of an offer to buy or sell any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss alleged to be caused by or in connection with the use or reliance on any content, goods or services mentioned in this article.