• The RTFKT x RIMOWA Meta-Artisan Collection 🌌 is a non-fungible tokens collection built on the Ethereum network.
• The market capitalization of this collection is 2.25 ETH, with 3,152 collections sales made at an average price of 0.59 ETH.
• It is difficult to determine whether the NFTs from this collection are overpriced or underpriced as the market for NFTs and metaverses continues to develop more actively.
RTFKT x RIMOWA Meta-Artisan Collection 🌌
Overview
The RTFKT x RIMOWA Meta-Artisan Collection 🌌 is a non-fungible tokens collection built on the Ethereum network launched in 25 October, 2022. There are 2038 owners within 120 days since its release and the total volume in 1,870.759 ETH has been created from 3,152 collections sales at an average price of 0.59 ETH (~$961.91 at the time of writing). The floor price of this collection is 0.11 and the 30-day trading volume is kept at 44.50 ETH, with payment tokens being ETH and WETH respectively.
Value
It is difficult to determine whether NFTs from the RTFKT x RIMOWA Meta-Artisan Collection 🌌 collection are overpriced or underpriced as the market for NFTs and metaverses continues to develop more actively. This assessment will become clearer when there is more historical data or precedence available to assist in determining their value as well as when opportunists have had chances to improve and learn from issues that have plagued the NFT market so far, making them more valuable in turn once they establish themselves as legitimate projects within this space initially through first mover advantages.
Cause Of Price Difference Between NFTs
NFT projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first mover advantage while others have been made purely out of greed and a need to exploit immense market growth without any real value behind them ultimately proving them garbage once exposed by investors after taking advantage of their naivety in jumping into such investments too quickly without proper research before hand leading some investors to suffer losses beyond what was anticipated prior due to lack of knowledge about such new markets entering into existence with no precedents established yet for returns on such investments before fully understanding how it works exactly can be risky but also lucrative if done correctly depending on intuitions used by investors who must remain vigilant during these times especially when investing into something still new like NFTs .
Conclusion
In conclusion, it is difficult to determine whether NFTs from the RTFKT x RIMOWA Meta-Artisan Collection 🌌 collection are overpriced or underpriced since there isn’t enough historical data available yet nor precedent that can assist in determining their value properly yet until further development takes place within these types of markets which will take time depending on how active it becomes overtime if done correctly then potential profits could be earned by those who remain vigilant while investing into such new markets however caution should always be taken whenever entering such unknown areas otherwise losses might occur instead due diligence should always be done prior investing into anything especially something still relatively new like Non Fungible Tokens (NFTs) .
„Be Smart With Your Investments“
.
Comments are closed, but trackbacks and pingbacks are open.