A floor price is the lowest listed price at which you can buy an item from a specific NFT collection at a given moment. It reflects the cheapest active listing in that collection.
The term is common across NFT marketplaces, where it appears alongside other collection stats to help shoppers see the entry cost quickly. Many platforms surface a collection’s floor at the top of the page or in overview cards.
The floor changes as sellers update listings or items are bought. Demand, rarity within the collection, and overall market mood can push it up or down over time.
Buyers look at the floor to gauge the minimum cost to join a collection. It works as a quick benchmark for entry without digging into every trait or rarity score. Sellers also track it to stay competitive with listings.
Floor price is not the same as the average price for recent sales, and it is not a creator’s initial mint price for new NFTs. It is simply the lowest current listing in the secondary market at that time.
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