Splash

Price Rationale

Splash is a 2019-10-23 SuperRare XCOPY 1/1 with clean scarcity and one exact onchain sale: 4.0 ETH on 2019-12-13, historical USD 579.24. That sale is too stale to anchor current value by itself, but the packet also shows no current ask, no best bid, no OTC sale history, no grail flag, and zero outgoing candidate benchmarks. I therefore put the final below the 80-90 ETH comparable/liquidity marks, which lean on broader stronger XCOPY repricing, and above the 38 ETH cycle mark, which underweights early SuperRare XCOPY scarcity. A 68 ETH fair value with a 45-95 ETH bid/ask range reflects a credible negotiated clearing level for a non-grail early XCOPY 1/1 in a thin market.

What Caps The Price

A higher value would over-import stronger or better validated XCOPY 1/1 benchmarks into Splash despite missing token-specific support. The source has no live bid, no ask, no recent exact-token sale, no OTC evidence, no grail designation, and no candidate benchmark set; the only exact sale remains the 4.0 ETH 2019 SuperRare transaction. Those facts make the 80-90 ETH appraiser marks useful upper context rather than the final center.

What Supports The Price

A lower value would over-discount an early SuperRare XCOPY 1/1 by treating the stale 2019 4.0 ETH print and absent live order book as dominant evidence. The later XCOPY OneOfOne market shown in the supplied universe supports material repricing for early works even where liquidity is thin, so the 38 ETH cycle mark is too conservative for fair value absent forced-sale assumptions.