noun Internet Slang

floor price

· noun · internet

The cheapest listed NFT in a collection — the entry-level buy-in.

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Definitions

1

The lowest price anyone is currently asking for an NFT in a given collection. It's the headline number traders watch — a falling floor means the collection is bleeding, a rising floor means demand is heating up. On marketplaces like OpenSea or Blur, the floor doubles as the collection's vibe check.

“Bored Apes' floor price tanked from 100 ETH to 12 ETH — the whole NFT bubble basically deflated in real time.”
by community
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2

Used as a verb: to buy the cheapest available NFT in a collection, usually to flip or just to get a seat at the table.

“I floored a Pudgy Penguin last week and it's already up 30%.”
by community
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floor price In A Sentence

Bored Apes' floor price tanked from 100 ETH to 12 ETH — the whole NFT bubble basically deflated in real time.
I floored a Pudgy Penguin last week and it's already up 30%.

Origin & Usage

Variants floor
Tags #crypto#nft#web3#marketplace

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