The floor price of Tiffany's "NFTiffs" series has dropped to 5 ETH, down from the initial launch price of 30 ETH.

According to BlockBeats news on August 22, data from Blur market shows that the floor price of the "NFTiffs" NFT series launched by American jewelry brand Tiffany & Co. has dropped to 5 ETH, while the issuance price was 30 ETH. According to OpenSea data, the total trading volume of the NFT series has reached 2454 ETH, equivalent to approximately 4.08 million US dollars since its launch. Previously, the floor price of the "NFTiff" NFT series had reached 60 ETH on August 13, 2022, representing a 100% increase from the issuance price. As reported by BlockBeats earlier, on August 1, 2022, Tiffany & Co. announced the launch of the "NFTiffs" NFT series. The series is limited to 250 pieces and priced at 30 ETH, with only CryptoPunk holders eligible to purchase. "NFTiffs" holders will receive a physical pendant customized by Tiffany & Co. based on the CryptoPunk features provided by the holder, which is expected to be delivered to users in early 2023.