noun
Internet Slang
FP
eff-PEE · noun · informal
Abbreviation of "floor price".
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Definitions
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Shorthand for 'floor price' — the minimum buy-now price for any NFT in a collection.
“FP is 0.9 ETH and climbing.”
by community
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FP In A Sentence
FP is 0.9 ETH and climbing.
Origin & Usage
Abbreviation of 'floor price' used across NFT marketplaces and chats.
People Also Ask
What does FP mean in NFTs?
FP is shorthand for 'floor price', the lowest buy-now price for any item in an NFT collection.
Why do people track the FP of a collection?
The floor price is a quick gauge of a collection's market value and momentum, so a rising FP signals growing demand.
Does FP reflect the whole collection's value?
No — FP only reflects the cheapest available item, so rarer pieces in the same collection can sell for far more.
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