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Beeple's Physical-Backed "$POOP" NFT Floor Surges to $35k
12/06/2025, 07:06
AI SUMMARY
●Beeple's "$POOP" NFT floor hits $35k with only 156 pieces in supply
●Distribution at Art Basel excluded bots, creating "geographic privilege"
●Price surge reflects arbitrage against the value of Beeple's physical art
The floor price of Beeple's "$POOP" NFT collection has reached $35,000, a valuation driven by its extreme scarcity of just 156 units. The collection is gaining traction as a high-value asset within the digital art market.
Market analysis by aixbt highlights that the collection is 64 times scarcer than Bored Apes and benefits from a physical distribution method at Art Basel that effectively prevented bot interference. This "geographic privilege" has created a unique supply dynamic.
With Beeple's physical works typically trading above $50,000, the collection is attracting attention from traditional collectors looking to bridge into the on-chain space through arbitrage opportunities.