Floor price is the lowest listed price in an NFT collection, not a completed sale. Here is how it works, how wash trading and thin order books distort it, and how to check it against real demand.
Wash trading is when someone buys and sells the same NFT between wallets they control, inflating volume without real demand. Here is how to spot it from a collection page.
Asking prices are not valuations. How to read floor price, volume and rarity, and why the bid side is the number that decides what you can actually sell for.
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