NFT · Explainer
OnChainMonkey Floor Price Up 183%: How to Verify It
A claimed 183% rise in the OnChainMonkey floor price during a weak market is easy to repeat and hard to verify. This guide explains what floor price measures, why big percentage moves can mislead, and how to check the data yourself before drawing conclusions.
By the DappsAtlas editorial team · Updated

What is OnChainMonkey and why does its floor price get attention?
OnChainMonkey is an NFT collection of monkey-themed pixel art that is stored on the Ethereum blockchain. Holders own individual tokens in the collection, and those tokens can be bought, sold and transferred on NFT marketplaces like any other compatible NFT.
The collection is part of the broader PFP and pixel-art segment of NFTs, where a relatively small number of items are traded and price discovery depends heavily on what buyers and sellers are willing to pay at a given moment. That makes the collection's floor price a common reference point for anyone following it.
Because this guide is evergreen, it does not rely on a single snapshot of the collection's size, holder count or history. Those details change over time, and the most reliable way to confirm them is to check the collection page on a major marketplace and a block explorer. Treat any summary you read, including this one, as a starting point rather than a final statement of facts.
If you are new to the collection, start by looking at how it is listed, how many items are for sale, and whether recent sales are visible. Those basic checks will help you understand every price claim you come across later.
How does an NFT floor price actually work?
The floor price of an NFT collection is generally the lowest price at which an item from that collection is currently listed for sale on a given marketplace. It is not the price of the last sale, and it is not an official valuation.
Floor prices are useful because they show the cheapest entry point at a moment in time. They are also easy to misread. A floor can rise because sellers have removed their cheapest items, because a few buyers paid more than usual, or because a single listing was priced high and then bought.
Different marketplaces can show different floor prices for the same collection at the same time. Some include offers or bids in their calculations, some count only listings in their native currency, and some update at different speeds. When you compare numbers, make sure they come from the same source and the same chain.
A floor price is best read as one indicator among several. On its own, it cannot tell you how many people want the collection, how liquid it is, or whether the price is likely to hold.
Why can a 183% floor price rise be misleading?
A claim such as a floor price being up 183% is a percentage change, and percentages depend entirely on the starting point and the time window. A rise from a very low base can look dramatic even if the absolute change is small. The same collection can show a large percentage gain over one week and a loss over one month.
Ask three questions before accepting the figure. First, what period does it cover? Second, what was the floor at the start of that period, and was that starting point unusually low? Third, what is the floor measured against: the same collection on the same marketplace, or a mix of sources?
Also check whether the figure is based on listings, completed sales, or both. A floor based on a few asking prices is not the same as a floor supported by repeated completed trades. If the claim comes from a social post or a news summary, look for the underlying chart and confirm its timestamp.
Finally, consider whether the rise matters in context. If the wider market moved sharply in the same period, part of the change may reflect general price moves rather than anything specific to the collection.
What does the wider bear market mean for NFT prices?
Crypto markets move in cycles, and periods of falling prices are often described as a bear market. Some collections hold their value or recover faster than others during these periods, but that does not guarantee they will continue to do so.
Public reporting on this topic were mixed in date and relevance. Several articles covered general Bitcoin and crypto market moves in different years, and they did not provide reliable, current data on OnChainMonkey. Because of that, this guide does not state whether the market is in a bear phase today or whether the collection has outperformed it.
A practical way to judge market conditions is to look at several broad signals together: overall token prices, trading volumes, and how active NFT sales are across marketplaces. Compare those signals with the collection's own sales count and the number of unique buyers. A collection that holds up while total NFT volume falls may be showing relative strength, but it may also simply have fewer sellers.
Whatever you find, date it and write down where it came from. Market context changes fast, and a comparison made last month may no longer be accurate.
How can I check the OnChainMonkey floor price myself?
You can check the floor price of most NFT collections with a few steps, and doing so helps you judge any claim you read.
- Open the collection page on a major marketplace that supports the chain where the collection lives. OpenSea is a widely used general marketplace for Ethereum NFTs.
- Note the current floor price, the currency it is quoted in, and the time the page was loaded.
- Find the sales or activity tab. Look at recent completed sales, not only listings, and record the prices and dates of the last several trades.
- Check the item count shown as listed. A floor backed by very few listings may move sharply after a single sale.
- Look for the highest current offer. A large gap between the best offer and the floor can signal weak demand at the current level.
- Repeat the same check on a second marketplace and compare the numbers.
- Save screenshots or notes with timestamps so you can compare later.
This routine takes only a few minutes and gives you a basis for comparing claims. It also protects you from relying on a single number that may have been posted at a convenient moment.
Which activity metrics matter more than floor price?
Floor price is more informative when read alongside activity data. Four measures are worth checking.
Volume shows the total value traded over a period. High volume with a rising floor suggests that many buyers were willing to pay the new level. Low volume with a rising floor suggests the move may rest on a few trades.
Sales count and unique buyers show how many separate wallets took part. Many sales between a small group of wallets is a weaker signal than sales spread across many owners.
Listing depth is the number of items for sale and how they are spread across price levels. If only one or two items sit near the floor, the next sale could push the price well above or below it.
Holder distribution shows how concentrated ownership is. Many items held by a few wallets can make the market easier to move, because a single large holder can influence listings and prices.
Compare these measures over the same window as the floor price. A consistent picture across all four is more convincing than one strong number.
What warning signs suggest a floor price is not reliable?
Thin markets make it easier for prices to be distorted, sometimes on purpose. Watch for the following patterns when you review any NFT collection.
Wash trading happens when the same person or linked wallets buy and sell an item to create the appearance of demand. Signs include repeated sales between the same addresses, prices that jump without new buyers, and trades that clearly move funds in a loop.
Lowball or placeholder listings can sit at odd prices to set a floor that is not supported by real demand. If the cheapest item is far below every other listing, the floor may not reflect what most owners would accept.
Sudden spikes in a short window are another warning sign, especially when volume is small. Check whether the spike was followed by sustained trading or quickly faded.
Be cautious with posts or chats that push a specific price or urge quick action. Verify any claim on a marketplace or block explorer before you act. If something feels rushed or pressured, step away and check again later.
No single pattern proves manipulation, but a combination of thin volume, repeated wallets and sudden moves is a reason to slow down and look more closely.
Which tools can help me verify NFT floor price data?
Several tools can help you verify the data above. The right choice depends on the chain, the collection and what you want to check.
OpenSea is a general NFT marketplace where you can view listings, offers and sales history for many Ethereum collections. It is a common first stop for checking a floor and recent activity.
Element Market is a multi-chain marketplace and aggregator that can show listings from several sources. Comparing its listings with a single marketplace can reveal whether the floor is consistent across venues.
Sudoswap V2 is an Ethereum marketplace that uses pools with set prices. Pool prices can give a rough sense of what liquidity providers and traders are willing to accept, although they are not the same as the collection's floor on other venues.
For readers interested in trait-level bids on a different collection, Punks Terminal shows how a dedicated tool can filter bids by trait for CryptoPunks. The same logic, looking at bids rather than only listings, applies to any collection.
Mutant Ape Yacht Club is included here as an example of how a large, established Ethereum PFP collection is discussed and traded. Use any of these examples to practise the checks described earlier, not as a guide to buying.
What risks come with buying after a floor price rally?
Buying after a sharp rise carries specific risks, and these apply to nearly every NFT collection.
The price you see may not be the price you can get. If the floor is based on one listing, your purchase could move it, and selling later might require accepting a lower bid.
Liquidity can disappear. In a slow market, finding a buyer at a fair price may take time or may not happen at the level you expect.
Fees and gas costs reduce returns. Marketplace fees, royalties where applicable, and network fees all affect the amount you receive when you sell, and small gains can be erased by these costs.
Scam and phishing risks increase when prices are in the news. Fake listings, copycat sites and unsolicited messages offering a deal are common. Only interact with official links you have verified yourself, and never share seed phrases or approve unknown contracts.
NFTs can lose most or all of their value. Never buy with money you cannot afford to lose, and consider speaking with a qualified financial adviser before making a decision of this size.
How should I decide what to do next?
If you are still considering the collection after reviewing the data, a simple checklist can keep your decision grounded.
- Confirm the floor price on at least two marketplaces, with the date and time recorded.
- Check volume, unique buyers and sales count for the same period.
- Look at listing depth and whether the cheapest items are representative.
- Review the highest offer and how far it is from the floor.
- Read the collection's official channels for changes to ownership, royalties or the team behind it.
- Set a maximum amount you are willing to lose and do not exceed it.
- Plan how you would sell if prices fall, including fees and time to find a buyer.
If the data does not support the claim you read, that is useful information too. You are not obliged to act on a headline, and waiting for clearer evidence is a reasonable choice.
Revisit your notes after a week or two. Floor prices and sentiment can change quickly, and a fresh check often shows a different picture from the one that prompted the original question.
Frequently asked questions
Does a higher floor price mean an NFT collection is doing well?
No. A floor price is the lowest current listing price for any item in a collection, so it can move because of only a few sales or listings. A percentage rise tells you about one data point, not whether demand is healthy or whether the collection's typical value has changed.
How can I tell if a floor price rise is real?
Check the time window, the starting price, and the volume behind the move. Compare the floor with the median and average sale prices over the same period, and look at how many items are actually listed. If volume is tiny or the listings are few, the figure may not reflect broad demand.
Which metrics should I check besides floor price?
Floor price is one number. Volume, number of unique buyers and sellers, listing depth, and recent sale history give a fuller picture. None of them can predict future prices, and NFTs can lose most or all of their value.
Where can I confirm the latest OnChainMonkey floor price?
Floor prices and volumes change quickly, so any figure in an article can be out of date when you read it. Use a live marketplace or an on-chain explorer to confirm current data, and check the date and time window on any chart or claim you rely on.
Should I buy OnChainMonkey after a floor price rise?
This is general information, not financial advice. Check your local laws, consider how much you can afford to lose, and remember that the NFT market can move sharply in either direction. Verify all data yourself before buying, selling or making any other decision.
Mentioned in this guide
dApps in this guide
OpenSea is a peer-to-peer NFT marketplace for buying, selling and minting digital collectibles, aimed at collectors, creators and developers.
Element Market is a multi-chain NFT marketplace and aggregator for collectors and traders buying NFTs, collectibles and GameFi assets across many blockchains.
Sudoswap V2 is a decentralized NFT marketplace on Ethereum, Base, Berachain and Arbitrum with on-chain royalties and ERC-1155 support, for NFT traders.
Punks Terminal is a CryptoPunks trading terminal from Lightyear for placing trait-filtered bids from a personal Stash contract on Ethereum.
Ethereum PFP NFT collection of up to 20,000 Mutant Apes from Yuga Labs, spun off from Bored Ape Yacht Club, for collectors and community members.
Crypto.com is a centralized crypto exchange and app for buying, trading and spending 400+ coins, with a Visa card, staking and a separate self-custody wallet.
Four is a US buy now, pay later app that splits purchases into four biweekly payments using a one-time virtual card; it is not a crypto project.
Save, formerly Solend, is a Solana lending and borrowing protocol where users earn interest on deposits or borrow against collateral.
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