THE_HORROR

Price Rationale

THE_HORROR has one clean exact-token SuperRare sale: 7.975 ETH on 2021-01-17, with no later onchain or OTC refresh, no current ask, no current bid, no grail flag, and candidateCount 0. I weight the liquidity and USD/ETH-cycle views heavily because a 2021 print is stale, but I do not push below the old sale cluster because the comparable appraiser found nearby same-era non-grail XCOPY 1/1 references around 5.0-8.5 ETH and the cultural view correctly credits scarcity and long-holder provenance. A 7.25 ETH fair value sits below the stale nominal sale, above distressed exit math, and equals about $16,911 at the supplied 2026-04-23 ETH/USD snapshot.

What Caps The Price

Not higher because the strongest positive appraisals lean on cultural scarcity rather than fresh price discovery. The packet has no live bid, no listed ask, no OTC sale, no supplied benchmark candidates, and no grail/public-standing flag. Stronger XCOPY 1/1s in the universe clear far above this, but they have better recognizability, fresher demand, or explicit grail context.

What Supports The Price

Not lower because the 7.975 ETH exact sale is real onchain evidence, not a soft listing, and the token has remained with the same buyer since 2021. The lower liquidity and cycle appraisals are useful guardrails, but marking near 4 ETH would overconvert the old USD paid and underweight XCOPY 1/1 scarcity and same-era 5-8.5 ETH peer evidence.