• VOX Collectibles: The Walking Dead is a non-fungible tokens collection built on Ethereum.
• As of now, the total number of owners reached 2,928 with 3,506 collections sold at an average price of 0.65 ETH (~$1,055).
• The market capitalization of VOX Collectibles: The Walking Dead NFT collection is 1,972.20 ETH.
Overview of VOX Collectibles: The Walking Dead
VOX Collectibles: The Walking Dead is a non-fungible tokens (NFTs) collection built on the Ethereum network launched in March 26th 2022. Currently there are 8,087 items in this NFT collection that can be viewed at OpenSea.
Number of Owners and Price Point
Within 333 days since its release, the total number of owners has reached 2928 and 3,506 collections have been sold at an average price of 0.65 ETH (~$1,055). This created a total volume in 2,284.253 ETH with a market capitalization value for the NFTs being 1,972.20 ETH. Payment tokens used for purchasing these collectables are ETH, WETH USDC and GALA with the floor price set at 0.2587225 and 30-day trading volume kept at 16.10 ETH.
Why Are Some NFTs Expensive While Others Are Not?
The value associated to each NFT depends on how it was developed and promoted by its creators as well as its first mover advantage when the popularity of such projects began to grow exponentially in the blockchain ecosystem due to opportunists taking advantage of it’s market growth potentiality to yield profits beyond expectations creating a space for exploitation within this arena leading some projects have no value whatsoever being labelled as digital garbage while others make creative use out of them adding more value than ever before envisioned by their creators thus making them more expensive than others as they hold true worth among those who understand their full potentiality within the crypto world today but still remain vulnerable to speculative pricing depending on demand or lack thereof making difficult to determine whether any one particular project is overpriced or underpriced without having historical data or precedence to base such assumptions upon yet still remaining optimistic about what they may bring in terms future developments both from investors and creators alike .
Is VOX Collectibles Over/Underpriced? h2>
It is difficult to determine whether NFTs from the VOX Collectibles: The Walking Dead collection is overpriced or underpriced given that this market remains in its infancy state hence having no historical data nor precedence for reference when assessing values attached by each individual project making it hard for investors especially those looking into this asset class blindly hoping for quick returns without understanding their underlying principles leaving them vulnerable to manipulation from experienced traders who know better .
Overall investing into any type of asset requires careful consideration which also applies when investing into unfamiliar territory like Non Fungible Tokens (NFTs) where even though they may have high profit potentiality should also come with risks attached due to lack of knowledge regarding such assets although research can help minimize said risks but ultimately deciding whether something is over/under priced will become clearer once more people enter into this space actively allowing it’s full potentiality be brought up unto light bringing forth new opportunities along with unforeseen challenges both from investors and creators alike .