What is an Bunny Buddies?
Bunny Buddies are a non-fungible tokens collection built on the Ethereum network launched in 21 February, 2022. 8,885 items of the Bunny Buddies collection can now be viewed at OpenSea.
How many owners does the Bunny Buddies collection have?
The total number of owners has reached 3837 within 362 days since its release.
NFT Collection Bunny Buddies Price and Sales
The market capitalization of Bunny Buddies NFT collection is 292.08 ETH. Since created the Bunny Buddies, 13,020 collections sales were made at an average price of 0.20 ETH (~$348.75 at the time of writing). This created a total volume in 2,660.159 ETH. The floor price of Bunny Buddies is 0.0297 and the 30-day trading volume is kept at 4.94 ETH. The payment tokens of the Bunny Buddies collection are ETH, WETH.
Why are some NFTs expensive and others not?
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 the value NFTs can add to the creative space, others have been made purely out of greed and a need to exploit the immense market growth. NFT projects that stem from greed and exploitation often have no value and are ultimately garbage.
Is the Bunny Buddies Collection Over or Underpriced?
It is difficult to determine whether NFTs from the Bunny Buddies collection is overpriced or underpriced. Making such an assessment will become clearer when the market for NFTs and metaverses develops more actively. The price is also influenced by how the Bunny Buddies collection is developed and promoted by its creators and community.
Bunny Buddies NFT Collection Examples
Bunny Buddies fees
- Buyer fee to dev: 0 basis points
- Seller fee to dev: 500 basis points
- Buyer fee to opensea.io: 0 basis points
- Seller fee to opensea.io: 250 basis points
- Buyer fee: 0 basis points
- Seller fee: 750 basis points
Bunny Buddies editors list
The approved editor’s accounts of Bunny Buddies collection are 0x72f60f94292326244d6dafb2ef7849eae08266a9.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.