• VOX Collectibles: The Walking Dead is a collection of non-fungible tokens built on the Ethereum network, with 8,087 items and 2928 owners.
• The market capitalization of the NFT collection is 1,972.20 ETH and 3,506 sales have been made at an average price of 0.65 ETH since its launch.
• It is difficult to determine whether NFTs from the VOX Collectibles: The Walking Dead collection is overpriced or underpriced as it will become clearer when the market for NFTs and metaverses develops more actively.
Overview of VOX Collectibles: The Walking Dead
VOX Collectibles: The Walking Dead is a non-fungible tokens collection built on the Ethereum network launched in 26 March 2022. 8,087 items of the VOX Collectibles: The Walking Dead collection can now be viewed at OpenSea with a total number of owners reaching 2928 within 333 days since its release.
Price and Sales
The market capitalization of VOX Collectibles: The Walking Dead NFT collection is 1,972.20 ETH and 3,506 collections sales were made at an average price of 0.65 ETH (~$1,055.93). This created a total volume in 2,284.253 ETH with a floor price set at 0.2587225 and 30-day trading volume kept at 16.10 ETH using payment tokens such as ETH, WETH, USDC and GALA .
Why Are Some NFTs Expensive?
NFTs are still very new to the blockchain ecosystem so there are no historical data or precedence to help determine their value yet. Early adopters have gained legitimacy because they had first-mover advantage while opportunist have tried to take advantage of market growth leading some projects to be worth nothing but garbage due to exploitation without any real value added by them..
Is VOX Collectibles Collection Over or Underpriced?
It is difficult to determine whether NFTs from the VOX Collectibles: The Walking Dead collection is overpriced or underpriced as it will become clearer when the market for NFTs and metaverses develops more actively which will influence how it’s developed and promoted by its creators..
Conclusion
The emerging nature of non-fungible tokens means that there are no historical data available yet to determine its prices accurately making it difficult to assess whether or not pieces from this particular project are over or under priced until further development in this space occurs which will help create better transparency about current prices versus actual intrinsic value..