Reddit Avatar Prices Fall as Polygon Volume Dips
The now infamous Reddit Collectible Avatars have seen their prices fall over the past day since the big pump on Monday, amidst dipping Polygon volume.
OpenSea Polygon recorded $2.9M in trading volume Monday, followed by $1.9M on Tuesday, but it has recorded just ~$660k today with a few trading hours left in the day.
With this somewhat predictable drop in volume, the Reddit Avatars have seen their floors drop as well, mostly down 20-40 percent.
A few notable dips in floor price day-over-day include:
- Spooky Season from poieeeyeee (0.3 ETH to 0.18 ETH; -40%)
- Spooky Season from Rojom (0.48 ETH to 0.37; -23%)
- The Senses (1.5 ETH to 1.18 ETH; -21%)
- Foustlings (1.6 ETH to 0.95 ETH; -41%)
For more information on the Reddit Collectible Avatars, where to buy them, or how to find out if you are eligible to mint them, find our comprehensive guide here.