09-22-2022, 09:54 AM
Reddit NFT’s have been popping off recently but is it due to lack of available sup
<!-- SC_OFF --><div class="md"><p>As of 3 hours ago “The Senses” Eyes sold for .84ETH. </p> <p>Original price was £8.99, that’s a insane return on investment, however, the total supply of the eyes is 1000, which is way more than what’s for sale on OS. I am curious how many people own one of these and are either unable to learn how to sell on OpenSea or completely unaware that their nft has appreciated over 1000% </p> <p>I feel that due to the small supply available compared to the total supply, these prices are very inflated. </p> <p>I own a senses and of course am happy with the current outcome but am wary, however, If you are collecting these from the secondary market, this could just be something to bare in mind. </p> <p>Saying all of this once Reddit opens their own marketplace prices could go even higher as it will instantly become a lot more user friendly.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Fivebag"> /u/Fivebag </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/xkba72/reddit_nfts_have_been_popping_off_recently_but_is/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/xkba72/reddit_nfts_have_been_popping_off_recently_but_is/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>As of 3 hours ago “The Senses” Eyes sold for .84ETH. </p> <p>Original price was £8.99, that’s a insane return on investment, however, the total supply of the eyes is 1000, which is way more than what’s for sale on OS. I am curious how many people own one of these and are either unable to learn how to sell on OpenSea or completely unaware that their nft has appreciated over 1000% </p> <p>I feel that due to the small supply available compared to the total supply, these prices are very inflated. </p> <p>I own a senses and of course am happy with the current outcome but am wary, however, If you are collecting these from the secondary market, this could just be something to bare in mind. </p> <p>Saying all of this once Reddit opens their own marketplace prices could go even higher as it will instantly become a lot more user friendly.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Fivebag"> /u/Fivebag </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/xkba72/reddit_nfts_have_been_popping_off_recently_but_is/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/xkba72/reddit_nfts_have_been_popping_off_recently_but_is/">[comments]</a></span>