Degen

How to evaluate the value of an NFT?

  Assessing the value of an NFT goes beyond simply looking at the beauty or attractiveness of the work, and various factors play a key role in determining the final value of an NFT.
   Here are some factors that can help you more accurately assess the value of an NFT.

Graphic designer, lover of NFT world and Web3

Transaction history and previous ownership
   The trading history of an NFT can affect its value.
    NFTs that have been repeatedly traded at high prices or bought by famous people may be worth more.
    For example, if a famous collector or influencer owns a certain NFT, this can help increase the appeal and value of that NFT.
    Also, prospective buyers can gauge past prices and market interest in this NFT through trading history.