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Price Rationale

The four appraisals converge on the same evidence but price liquidity differently. I treat the 255 ETH onchain sale from 2025-04-12 as the primary anchor, supported by the prior 206.9 ETH sale and same-tier peer prints at 256 ETH and 300 ETH. However, the liquidity appraiser correctly discounts for no current ask or best bid on the token and the 175 ETH live ask on Death by Algorithm. The final value sits below the last sale, not at the exit-only 185 ETH level, because the exact-token sales ladder is unusually clean and recent. A 205 ETH bid, 235 ETH value, and 270 ETH ask balance collectible strength with thin-market execution risk.

What Caps The Price

Above this range, the mark would lean too heavily on historical 255-300 ETH executions while ignoring present-market checks. There is no current target bid, no target ask, no OTC premium evidence, and no grail flag. The nearest semantic peer being offered at 175 ETH is a clear cap on confidence, especially with the last exact-token sale about one year old.

What Supports The Price

Below this range, the liquidity discount would overwhelm stronger evidence: the token sold for 255 ETH in 2025 after a 206.9 ETH 2023 sale, and the supplied peers validate the same tier at 256 ETH and 300 ETH. The absence of a live bid weakens immediacy, but it does not erase repeated high-value onchain demand for the exact token.