All terms
The cheapest listed item in an NFT collection.
Floor price is the lowest asking price currently available. It is the standard shorthand for how a collection is doing.
It is also easy to manipulate and often thin. A handful of listings can set a floor that would collapse if anyone tried to sell into it.
A collection with a 2 ETH floor and three listings has a much weaker floor than one with two hundred.
That the floor is what your NFT is worth. It is the cheapest listing, which can be one person leaving, and it says nothing about whether a buyer exists at that price. In a thin collection the floor is a quote, not a bid.
Common questions
Is the floor price what my NFT is worth?
Why can the floor be manipulated?
Where this comes up on the site
The guides that actually use this word, rather than a list of everything we have written.
Where to go next
More culture terms
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