I recently acquired an NFT project again, and this time the minting cost was quite low—only 201 EDS tokens, roughly 25 RMB.
Interestingly, the current floor price of this project has skyrocketed to 9100 EDS, which is close to 1000 RMB. The increase is indeed somewhat outrageous.
However, I need to clarify that the trading volume is almost zero at the moment. The listed prices are just for reference; don't take them too seriously. If you're interested in this type of NFT project, you might want to look into the actual situation of the project and the holder composition. After all, a high floor price doesn't necessarily mean there is genuine transaction support.
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gas_fee_therapy
· 11h ago
Yeah, a floor price with zero trading volume is really impressive, the art of paper wealth
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Another illusionary floor price, looks satisfying but I really can't bring myself to buy
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Wait, if the trading volume is zero, what does this number mean...
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Buying a potential coin at 25 yuan, now the book value has increased 50 times, but not being able to sell is also a joke
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Basically, it's just a few people raising prices among themselves for fun
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As for the floor price, liquidity is the real boss
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This is the legendary bubble NFT; looking good digitally doesn't help
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Alright, I can understand the joy of paper wealth, but it really depends on whether anyone actually wants to buy
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Another project with zero transactions, how come I keep running into this kind of thing
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Interestingly, everyone is waiting for others to take the plunge
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Exaggerated floor price × zero transactions = a sign of a cool-down
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SoliditySurvivor
· 11h ago
The floor price has risen from 25 to 1000, which looks impressive, but the trading volume is zero... a typical paper wealth.
Bro, your move is to gamble on the project taking off, but do you really dare to spend money?
Understanding the holder composition is the key; playing with inflated prices is not sustainable.
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MoneyBurnerSociety
· 11h ago
The floor price of 9100 looks great, but then I turn around and cut it in half... This is my daily routine. The king of paper wealth belongs to me.
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ChainDetective
· 11h ago
Hurry up and run before the floor price plunges; these zero-transaction-volume numbers are all illusions.
I recently acquired an NFT project again, and this time the minting cost was quite low—only 201 EDS tokens, roughly 25 RMB.
Interestingly, the current floor price of this project has skyrocketed to 9100 EDS, which is close to 1000 RMB. The increase is indeed somewhat outrageous.
However, I need to clarify that the trading volume is almost zero at the moment. The listed prices are just for reference; don't take them too seriously. If you're interested in this type of NFT project, you might want to look into the actual situation of the project and the holder composition. After all, a high floor price doesn't necessarily mean there is genuine transaction support.