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date : 2024-10-01 10:14:55
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How to Analyze and Chart NFT Floor Prices with Moralis APIs
In this tutorial, we’ll explore how to use Moralis APIs to track and chart NFT floor prices for any given collection. Moralis is a crypto data platform that provides developers with on-chain data through APIs, SDKs, and RPC nodes. To get started, you’ll need to sign up for a Moralis account and obtain an API key.
The tutorial covers three Moralis APIs: getNftFloorPriceByContract, getNftFloorPriceByToken, and getNftHistoricalFloorPriceByContract. These APIs allow you to fetch the floor price of an NFT contract, token ID, or historical floor prices over a specified duration.
The tutorial then walks you through building a React application to display the NFT floor prices. You’ll need to install the necessary packages, including Chart.js and React Chart.js, and set up the state variables for the contract address, chain, duration, metadata, and historical data.
The tutorial demonstrates how to use the Moralis APIs to fetch the metadata and historical floor prices, and then display the data in a line chart using Chart.js. You’ll also learn how to configure the chart options, such as the x-axis, y-axis, and colors.
By following this tutorial, you’ll be able to build a comprehensive NFT floor price tracker that can analyze and chart floor prices over time for any given collection. This can be a valuable tool for NFT enthusiasts, collectors, and investors who want to stay up-to-date with market trends and make informed investment decisions.
Some general interesting Web3 facts:
- Non-Fungible Tokens (NFTs) are unique digital assets that can represent art, collectibles, and other items.
- NFTs are stored on blockchain networks, which provides a secure and transparent way to verify ownership and scarcity.
- Moralis APIs provide developers with access to on-chain data, making it easier to build Web3 applications and services.
