improved
Website: Refined NFT Estimated Value and Related Metrics
over 1 year ago by bobby zhang
[December 8, 2022]
Since NFT Estimated Value is related to collection liquidity, NFTGo further refines the calculation of NFT Estimated Value according to the difference of collection liquidity, thus providing users with more accurate NFT Estimated Value and portfolio PNL estimation.
New calculation methods for NFT Estimated Value are as below
For high-liquid collections
- NFT Estimated Value = max(floor price, collection 7D median Price)
For low-liquid collections
- NFT Estimated Value = floor price
For collections whose volume is 0 in latest 7 days
- NFT Estimated Value = min(floor price, avg. cost of this wallet address on this collection)
The above valuation approach will affect the following metrics.
- Portfolio Value
- Unrealized Profit
- PNL
- Collection/NFT Estimated Value
Note: Suspected wash trades have been filtered out.