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Crypto Terms:  Letter F

What is Floor Price?

Meaning:
Floor Price - the lowest possible selling price of an asset.
easy
1 minute

Let's find out Floor Price meaning, definition in crypto, what is Floor Price, and all other detailed facts.

While floor price (also known as price floor) is a term that is used in many contexts to signify the minimum price of a service or an asset, you might have seen it used in the context of NFTs as well. In this case, the meaning doesn't really differ, apart from the fact that the floor price refers to the lowest-priced NFT in a collection.

By eliminating in-collection factors like rarity, qualities, and more, the NFT floor price narrows the buyer's focus on the fair market value of the NFT project in question.

all-time high<\/a><\/strong>, traders may want to cash in while the flow is good, prompting others to follow that example. Waiting out implies you may sell after the price has already begun to decline, allowing you to lose out on the large rewards associated with a high price.<\/p>\n<p>A sharp decrease in <a href=https://www.bitdegree.org/"//crypto//buy-bitcoin-btc/">Bitcoin might be driven by a number of signs, with trades occurring at fast speeds. Whispers of government restrictions or out-of-favor markets are enough to induce many to oversell.<\/p>\n<p>For example, <strong>a person may experience FOMO if the value of a cryptocurrency that they do not own rises<\/strong>. That green line moving upwards is enough to send some people into a frenzy, prompting them to rush to acquire whichever currency appears to be surging in price.<\/p>\n<p>The fear of missing that next big profit, the coin everyone wants, or being the trader that misses out, can be an essential indicator in price variations. Nonetheless, trading in cryptocurrencies may be <em>a match of gossip and emotion<\/em>, and <strong>FOMO can have a significant influence on traders' decisions<\/strong> on whether to purchase, sell, or keep.&nbsp;<\/p>\n<p>FOMO can even cause some people to transfer markets in order to get their assets out of a certain market and into their own <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-cold-wallet/">cold wallets<\/strong><\/a>.<\/p>\n<p>Besides, FOMO can be what causes people to purchase at the top and hold during a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-dip/">dip after making profits, only to lose some or all of them again.<\/p>\n<p>&nbsp;<\/p>","definition":"acronym for \u201cFear of Missing Out\u201d that refers to the anxiety a person can experience when he doesn\u2019t take action fast enough when making trading decisions.","status":"published","meta_title":"What is FOMO? Definition & Meaning | Crypto Wiki","meta_description":"FOMO meaning: FOMO - or \u201cFear of Missing Out\u201d refers to the anxiety a person can experience when he doesn\u2019t take action fast enough when making trading decisions.","meta_keywords":null}" :prev-section="{"id":417,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Flipping","level":"easy","author_id":1,"created_at":"2023-06-19T06:58:59.000000Z","updated_at":"2023-12-06T03:40:44.000000Z","slug":"what-is-flipping","title":"What is Flipping?","section":"F","keyword":"Flipping","content":"<p>Flipping is an investment technique that takes place by purchasing something with the idea of reselling it for a profit. This is typically popularized by real estate investing and <strong>happens in a short time period.<\/strong><\/p>\n<p><strong>&ldquo;<a href=https://www.bitdegree.org/"//crypto//buy-bitcoin-btc/">Bitcoin flipping&rdquo; <\/strong>is a commonly utilized phrase in the crypto world, since it can happen with any asset or cryptocurrency. Besides, flipping takes place when a market partaker buys a particular number of Bitcoin hoping that he will be able to sell it <strong>at a higher price<\/strong> in an instant.<\/p>\n<p>During periods of price spikes and high volatility, this method can become fairly useful. As a result, it is much simpler to profit from the spikes that have overtaken cryptocurrency markets.<\/p>\n<p>Putting a cryptocurrency on an exchange may typically enhance both confidence and price because crypto values often climb following an <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-initial-coin-offering-ico/">ICO when opposed to their <strong>pre-ICO pricing.<\/strong><\/p>\n<p>When it comes to ICOs, flipping refers to the technique of investing in tokens before they are published on exchanges and then swiftly reselling them after they begin trading on <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-exchange/">exchanges in the secondary market.<\/p>","definition":"an investing strategy that involves acquiring something with the intention of subsequently selling it for a profit.","status":"published","meta_title":"What is Flipping? Definition & Meaning | Crypto Wiki","meta_description":"Flipping meaning: Flipping - is an investing strategy that involves acquiring something with the intention of subsequently it for a profit.","meta_keywords":null}" :model="{"id":9205,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Asset_pricing","level":"easy","author_id":4,"created_at":"2023-07-21T10:06:16.000000Z","updated_at":"2023-11-28T00:45:32.000000Z","slug":"what-is-floor-price","title":"What is Floor Price?","section":"F","keyword":"Floor Price","content":"<p>While floor price (also known as price floor) is a term that is used in many contexts to signify the <strong>minimum price of a service or an asset<\/strong>, you might have seen it used in the context of <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-non-fungible-token-nft/">NFTs as well. In this case, the meaning doesn't really differ, apart from the fact that the floor price refers to <strong>the lowest-priced NFT in a collection<\/strong>.<\/p>\n<p>By eliminating in-collection factors like rarity, qualities, and more, the NFT floor price narrows the buyer's focus on the <strong>fair market value of the NFT project<\/strong> in question.<\/p>","definition":"the lowest possible selling price of an asset.","status":"published","meta_title":"What is Floor Price? Definition & Meaning | Crypto Wiki","meta_description":"Floor Price meaning: Floor Price - the lowest possible selling price of an asset.","meta_keywords":null,"author":{"id":4,"user_id":5,"created_at":"2023-05-10T11:56:23.000000Z","updated_at":"2023-05-11T07:19:57.000000Z","title":"Lead Crypto Researcher","slug":"ain-n-lead-crypto-researcher","description":"<p>Ain is the Lead Crypto Researcher. Her vast experience with crypto and blockchain tech-related content allows her to identify the key pieces of information that should be presented to the learner, and ensure the validity of the gathered data.<\/p>\n<p>With a degree in New Media studies, she has developed an extensive list of techniques to educate people via new, research-proven study models based on deduction and long-term human memory.<\/p>\n<p>Ain approaches everything with unequivocal attention to detail. Her main goals are to erase the ambiguity surrounding many Web3 concepts, and to guide content writers in presenting difficult crypto-related concepts in an easy-to-understand manner.<\/p>\n<p>Even though content strategy is her main passion, Ain also enjoys reading high-fantasy books and watching superhero movies.<\/p>","user":{"id":5,"first_name":"Ain","last_name":"N.","email":"ain@bitdegree.org","email_sanitized":"ain@bitdegree.org","email_verified_at":null,"must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2642,"referral_token":"qjnrnAiacl3sNs9U","referred_by":null,"created_at":"2023-05-04T10:07:43.000000Z","updated_at":"2023-12-11T09:14:14.000000Z","full_name":"Ain N."}}}" :chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? 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Mining?","status":"published","modified_content":null},{"chapter_id":9,"order":3,"slug":"what-is-staking-crypto","title":"An Advanced Look into What is Staking Crypto","status":"published","modified_content":null},{"chapter_id":9,"order":4,"slug":"what-is-proof-of-stake-vs-proof-of-work","title":"Proof-of-Work VS Proof-of-Stake: The Differences That Matter","status":"published","modified_content":null},{"chapter_id":9,"order":5,"slug":"what-is-crypto-mining-rig","title":"Crypto Mining Rig: What It is and How to Build One?","status":"published","modified_content":null}]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/crypto-101-glossary.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}]" current-chapter="F" current-section="what-is-floor-price">