NFT project market caps vs crypto market caps. Overvalued or undervalued?

What would the floor price be at if an NFT project reached a top 30 crypto market cap?

Cryptopunks: $180,000
Bored Apes: $180,036
Azuki: $180,000
Milady: $180,396
DeGods (ETH): $201,838
Pudgy Penguins: $202,520
Captainz: $180,018
Doodles: $180,036
CloneX: $92,288

The problem: Supply for most NFT projects is low, the higher the market cap the lower the approachable market.

Easy to buy a $1 coin. Hard to buy a $100k JPEG.

Without fractionalization etc. it will be difficult to break into the top 30 or even the top 20.

Quote: wale.swoosh

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I don’t like NFTs

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Thanks info bro

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Hope NFTs returns !! We are in the dippp

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NFTs will be back

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no problem

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i hope so, there is a slight recovery in the past week

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we all love NFTs

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Iam not into nfts to be honest

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It is possible to see even lower. But you can buy it right now, everything will give a good plus on the bullrun

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thanks for sharing info

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It’s crazy how far their prices have dropped in the last 90 days. I don’t understand how they still maintain such a high value, but if they drop to panic prices, I’m picking up a couple of blue chips.

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thanks for share

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Absolutely, I’m putting some in my cart

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This is probably the right time to do it

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