HappyLand Gummy Bears are a non-fungible tokens collection built on the Ethereum network launched in 17 August, 2021. 9,596 items of the HappyLand Gummy Bears collection can now be viewed at OpenSea.How many owners does the HappyLand Gummy Bears collection have?
The total number of owners has reached 4128 within 575 days since its release.NFT Collection HappyLand Gummy Bears Price and Sales
The market capitalization of HappyLand Gummy Bears NFT collection is 664.92 ETH. Since created the HappyLand Gummy Bears, 10,143 collections sales were made at an average price of 0.12 ETH (~$203.86 at the time of writing). This created a total volume in 1,241.904 ETH. The floor price of HappyLand Gummy Bears is 0.044 and the 30-day trading volume is kept at 4.39 ETH. The payment tokens of the HappyLand Gummy Bears collection are ETH, DAI, WETH, USDC.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 HappyLand Gummy Bears Collection Over or Underpriced?
It is difficult to determine whether NFTs from the HappyLand Gummy Bears 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 HappyLand Gummy Bears collection is developed and promoted by its creators and community.HappyLand Gummy Bears NFT Collection Examples
Gummy Bear #0
Gummy Bear #1
Gummy Bear #2
Gummy Bear #3HappyLand Gummy Bears fees
The approved editor's accounts of HappyLand Gummy Bears collection are 0x75246445b9e43e9d2fdaeb78e7ea2fd46f0d3e92.
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.
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