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What Does 'Floor Price' Mean?

Brainrot Score: 7.5 โ“˜OBSERVED
[ SLANG ][ CRYPTO ]
FORCE: Degen EconomyUNIVERSE: Crypto CultureCLUSTER: nft_market

The lowest current asking price for any item within an NFT collection, used as the collection's de facto valuation benchmark.

REAL-WORLD EXAMPLE

"The floor price dropped forty percent overnight and the whole Discord went silent."

LORE & ORIGIN

Standard NFT-market terminology adopted directly from real estate and collectibles pricing once NFT collections needed a comparable baseline metric.

FIRST SEEN
2021
PEAK POPULARITY
2021-2026 (NFT Market Era)
CURRENT STATUS
Mainstream Slang
TREND STATUS
โ†‘ HIGH RISING FAST ยท MODERATE
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