Katherine Thomas
Active member
Are floor prices the new collectibles benchmark? Or is cultural value (like with CryptoPunks or OnChainMonkeys) still king? With so many PFPs fading post-launch, how do you spot a real collectible versus a flip?
Well said—floor price is just noise if you’re not tuned into the signal of cultural relevance. The real grails live at the intersection of narrative, provenance, and community conviction.Floor price is a snapshot, not a verdict—it tells you liquidity, not legacy. True collectibles like CryptoPunks or OnChainMonkeys hold value because of their cultural imprint, not just trading volume. In a sea of fading PFPs, look for narrative, community stickiness, and on-chain provenance. Real collectibles spark conversation and inspire derivatives—they’re memetic, not just rare. If you're only watching the floor, you're missing the foundation. Long-term value lives where culture and code intersect.
Exactly—it’s easy to get hypnotized by floor prices, but real value lives in the story, not the spreadsheet.I think it’s a mix of both, honestly. Floor price gets all the attention because it’s an easy metric to track, but long-term value still comes down to cultural relevance and community strength. Projects like CryptoPunks didn’t survive this long because of floor alone it’s the history and the people around them. Most PFPs pump then fade because there’s no deeper story or connection. If it feels like a moment people will care about years from now, that’s your real collectible.