What is a floor price?#
Floor price refers to the lowest price of an NFT in a collection.
Buyers and sellers make up a market, and together they set the floor price — the lowest price any NFT in that collection can currently sell for.
The floor price is different from the mint price. The mint price is an NFT's price at release, set by the creator of the collection. The floor price moves over time with supply and demand, while the mint price is fixed at launch.