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NFT Market Updates: Nansen's Price Prediction Tool
Sandra Leow

Nansen's Price Prediction Tool

The price prediction tool offers insights into certain collections on how each NFT is priced. The tool can be accessed via NFT Paradise or under each individual collection in NFT God Mode.

The average prediction error is measured by the average difference between the sale price and the prediction price over the last 30 days. The average calibration error is measured by the range of average error between high- and low-priced NFTs. This could mean that for higher percentages, rarer items in that collection sell for prices similar to common items.

Do note that the tool is still in its beta stage and is not available for every collection on the market. NFT prices are also affected by other...