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floor price
What does floor price mean?
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."
Origin
NFT marketplace term; often shortened to "floor" or "FP."
Frequently asked questions
What is floor price in NFTs?
Floor price is the lowest price at which any NFT in a collection is currently listed for immediate purchase — effectively the cheapest way into the collection.
Why does floor price matter?
It's a quick gauge of a collection's market value and demand; a rising floor signals strength while a falling floor signals cooling interest.
What does sweeping the floor mean?
Sweeping the floor means buying up many of the cheapest listed NFTs at once, which can push the floor price higher.
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