NFT floor leader changes hands, top private community token "PROOF" floor price surpasses Bored Ape Yacht Club
The NFT market is ever-changing. Despite Yuga Labs' acquisition of CryptoPunks making Bored Apes the dominant force in the NFT market, as of 4/22, the floor price of the PROOF Collective NFTs from the Moonbirds publisher PROOF has surpassed that of Bored Apes. This information is compiled from market changes since the acquisition of Bored Apes.
Disclaimer: The potential returns from PROOF and Moonbirds are unpredictable. Investors are advised to approach with caution.
Table of Contents
PROOF
As reported earlier, PROOF is the issuer of the popular blue-chip Moonbirds recently, with its main business being NFT Podcast, providing in-depth NFT-related information and interviews. Its issuance of a total of 1,000 "PROOF Collective NFTs" last year formed a top-tier community; PROOF also released a collaborative art project at the same time: "Emotes by Heart You".
According to its official website, PROOF has a membership base consisting mainly of collectors and artists holding up to 153,940 types of blue-chip NFTs, including:
- CryptoPunks: 148
- Bored Apes: 817
- Meebits: 499
- Art Blocks: 5,288
- SuperRare 1/1 NFTs: 326
- Metaverse: 273
Changes in Floor Price
The "PROOF Collective" serves as a qualification pass for entry into the group, and the recently issued Moonbirds have similar capabilities, with both prices soaring. According to OpenSea, the floor price of "PROOF Collective" is 125 ETH, slightly higher than the 124.99 ETH of Bored Apes.
Note: The floor price of CryptoPunks is 56.95 ETH.
According to the day Yuga Labs acquired CryptoPunks, the floor price is shown in the figure below. At that time, the floor price of CryptoPunks was about 76.2 ETH, not yet surpassed by Bored Apes. Since the acquisition on 3/12, the fluctuation range of floor prices for related projects is as follows:
- PROOF Collective: 390% 32 – 125 ETH
- BAYC: 68.9% 74 – 124.99 ETH
- MAYC: 203% 16 – 32.5 ETH
- Nouns: 15.49% 71 – 82 ETH
- Azuki: 283% 9 – 25.5 ETH
- CLONE X: 68.33% 10.99 – 18.5 ETH
- Doodles: 55.15% 9.99 – 15.5 ETH
The fluctuation range of projects collaborating with Yuga Labs' metaverse project Otherside is as follows:
- Meebits: 10.1% 5.4 – 5.95 ETH
- CrypToadz: 25% 3.04 – 3.8 ETH
- Cool Cats NFT: -0.5% 7.69 – 7.65 ETH
- World of Women: -18.3% 9.18 – 7.5 ETH
In addition, Moonbirds currently ranks fifth in floor price at 34 ETH, breaking several records in less than a week since listing. Another blue-chip project, Clone X, had a trading volume of $120 million in the first week, while Azuki had a trading volume of $122 million two weeks after listing.
Moonbirds' trading volume approached $200 million within two days, with the trading volume in the past seven days far exceeding that of other existing projects.
This demonstrates a further increase in FOMO in the NFT market, with investors becoming more decisive in entering projects once they are recognized as blue-chip stocks. However, despite Yuga Labs' leading position in the metaverse project Otherside and collaborations with multiple projects, the actual price increase for the collaborating projects has not been significant.
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