The most popular NFTs are:
2. Bored Ape Yacht Club
3. Mutant Ape Yacht Club
4. Otherdeed for Otherside
5. Art Blocks Curated
7. Clone X - X Takashi Murakami
9. The Sandbox
What is an NFT?
An NFT is a digital asset that can be either a representation of digital art, a virtual experience or property, or any form of unique digital thing that can be bought, sold, or traded online.
NFT stands for “non-fungible token”, which means that it is unique and not replaceable.
The concept appeared in 2014 and recently became a craze in 2020. They can be valued in millions of dollars and hunted fiercely by connoisseurs to add to their NFT collections.
Why Buy a NFT?
Besides buying NFTs because you love the art, want to have as your profile picture or want to support the artist behind it, you can also try to profit from this digital collectible token.
Since NFTs can work like any other speculative asset, but in backed by blockchain technology, you can hope that its value will go up in time.
As a NFT owner, you can use it as a trading card on NFT marketplaces or you can resell it on a secondary market.
But some companies also offer shares in form of NFT; some offer virtual experiences to anyone who buys an NFT from their collection, and some have created crypto currencies based on their native token signature.
The popularity of NFTs has been outrageousely rising in the past years and at this point you either love them, hate them or have no clue about them.
Now, there is no guarantee that you will buy a NFT at a floor price and end up making a fortune by selling it. But there have been many cases in which NFT projects have sky-rocketed overnight.
So taking a closer look into the virtual land of digital assets and their trends can make or break your buy, sell or trade strategy.
Usually, the NFTs that are most popular are often the most valuable, too.
What Are the Most Popular NFTs?
According to OpenSea, during the last period, the top NFT collections ranked by volume, floor price and other statistics are:
Bored Ape Yacht Club
Mutant Ape Yacht Club
Otherdeed for Otherside
Art Blocks Curated Azuki
Clone X - X Takashi Murakami
It is hard to say what the most popular NFT is to date because the statistics are always changing.
The NFT space has been rapidly, continuously growing from cool cats to pudgy penguins to music songs and classical art pieces structured as NFT.
Is it hard to predict how the upcoming NFT scene will look in the near future, but we do know that thousands of dollars are spent daily on virtual tradings.
More and more mainstream companies are announcing their NFT drop, dipping their toes in crypto waters, climbing Ethereum blockchain peaks, or running NFT games.
The digital world is no longer a world of copies. It is a world of non-fungible tokens.