Many crypto investors are curious about how much is a Beeple NFT worth now following its decline.
In March 2021, Beeple’s NFT titled Everydays: The First 5000 Days was sold at auction for US$69.3 million, making it the highest price ever for a non-fungible token (NFT) at the time.
That sale placed Beeple among the most valuable living artists and marked the first time the prestigious auction house Christie’s sold a purely digital artwork.
The sale made headlines worldwide and is still considered a landmark event for the NFT and digital art market.
How Much is A Beeple NFT Worth Now?
While Beeple’s headline-grabbing sale remains historic, the current market for his broader NFT work is very different.
For example, data on the collection BEEPLE – THE 5000 DAYS COLLECTION shows a price floor of around US$34,000 (9.99 ETH) for items within that specific drop.
This figure reflects the lowest priced pieces available in that collection, not the primary headline record NFT.
Meanwhile, aggregate market-cap data for Beeple’s various collections shows a total of roughly US$63–66 million across multiple projects.
This suggests that although some works continue to trade, the market value across his body of NFT work has pulled back significantly from the peak headline figure.
Factors Behind the Divergence in Values
Several key factors help explain the gap between the US$69 million headline sale and current market valuations.
Speculation and hype – The 2021 sale captured a moment of explosive NFT mania, when collectors were paying extraordinary sums amid global excitement. Beeple himself acknowledged the market was “100% a bubble” at the time.
Different tiers of work – The US$69 million piece was a one-off landmark work, while his other NFT drops are far more numerous and less exclusive, affecting average pricing.
Market cooling – NFT trading volumes and prices have cooled considerably since the peak, redistributing value across fewer headline transactions and more moderate trades.
Liquidity and utility – Owning an NFT does not guarantee future resale value; demand is more variable, and digital art prices are often volatile.
Insights from the Price Floor
The price floor is a useful indicator of the market’s current perception of value for Beeple’s NFTs.
A floor price around US$34,000 suggests that collectors still place serious monetary value on owning his work, but it is nowhere near the headline $69 million.
For collectors looking to enter the Beeple NFT market, understanding this gap is crucial for managing expectations and assessing investment risk.
The broader takeaway is that the NFT market is highly stratified: headline pieces often sell for millions, while the bulk of editions and drops remain more moderately priced.
Beeple’s Influence on the NFT Market
Beeple’s success has had a lasting impact on the digital art and crypto ecosystem.
His record-breaking auction legitimized NFTs as a new form of collectible art and inspired a wave of digital artists to explore blockchain-based ownership.
While the market has cooled, Beeple remains one of the most recognizable names in NFTs, and his work continues to be highly sought after by collectors.
Even pieces priced in the tens of thousands of dollars carry cultural and historical significance in the NFT world, often viewed as important milestones in digital art.
Conclusion
In summary, Beeple’s NFT Everydays: The First 5000 Days retains its historic status with a sale price of US$69.3 million, but the majority of his other NFTs trade at far lower values today.
Current floor prices in his collections are around US$34,000, with total market capitalization across his projects roughly US$63–66 million.
Factors such as speculative hype, market cooling, and tiered exclusivity explain why the headline price differs so dramatically from today’s trading values.
For collectors, Beeple’s NFTs remain culturally and historically significant, but owning a piece today is not the same as replicating the record-breaking auction price.
The Beeple phenomenon demonstrates the volatility and potential of digital art and NFTs, highlighting both the opportunities and risks in this rapidly evolving market.
