phrase
Internet Slang
sweep the floor
SWEEP thuh FLOR · phrase · slang
Buying up many of the cheapest NFTs in a collection at once.
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Definitions
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To buy up multiple NFTs at or near the floor price in one go, which reduces supply and can push the floor higher; a show of conviction.
“A whale swept the floor and the price jumped 20%.”
by community
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sweep the floor In A Sentence
A whale swept the floor and the price jumped 20%.
Origin & Usage
NFT-market slang from 'sweeping' listings off the floor.
People Also Ask
What does "sweep the floor" mean in NFTs?
It means buying up multiple of the cheapest listed NFTs in a collection at once, clearing them off the floor.
Why do people sweep the floor?
It's a show of conviction that reduces available supply and can push the floor price higher, sometimes done by whales to signal confidence.
What is a floor sweep?
A floor sweep is the act (or event) of buying many floor-priced NFTs in one go, often coordinated by a community or a single large buyer.
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