Flower Fam – Official are a non-fungible tokens collection built on the Ethereum network launched in 21 May, 2022. 6,969 items of the Flower Fam – Official collection can now be viewed at OpenSea.
The total number of owners has reached 337 within 277 days since its release.
The market capitalization of Flower Fam – Official NFT collection is 123.44 ETH. Since created the Flower Fam – Official, 11,315 collections sales were made at an average price of 0.17 ETH (~$270.20 at the time of writing). This created a total volume in 1,886.386 ETH. The floor price of Flower Fam – Official is 0.0149 and the 30-day trading volume is kept at 1.04 ETH. The payment tokens of the Flower Fam – Official collection are ETH, WETH.
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
