Reddit Avatar NFTs have been witnessing a lot of highs and lows in the past months.
Reddit Avatar NFTs are created by independent artists, and they are minted on the Polygon blockchain. A recent analysis by Reddit user u/Warfared claimed that Reddit Avatar NFTs have experienced irregular price movements lately. The investigation monitored NFT trade on the well-known NFT trading site OpenSea.io.
The Fishy Foustling #1 and Mio Armor #1 NFT pieces, with last sale prices of 6 ETH and 5 ETH, respectively, were among the best performers. Three months ago, the NFTs were airdropped to users who had quite a lot of karma points on the platform. The combined trading volume of the products in the two collections mentioned above had gone above 100 ETH.
Meanwhile, not all individual items or collections are experiencing the same price volatility. Meme Team, Drip Squad, Aww Friends, and The Singularity are the four exhibitions with floor pricing currently less than or equal to 0.01 ETH.
Notably, with OpenSea’s cross-chain operability, Reddit Avatar NFTs can be ported to Ethereum, Klaytn, and Solana from Polygon. Users can buy these collectibles through Reddit’s crypto wallet, Vault.