December 9 2023

Best NFT Coins to Buy in the Current Crypto Market

0  comments

The fact that many crypto exchanges have made it possible for both individuals and various institutions to create their own NFT has made NFT very popular today. Many artists, scriptwriters, musicians, etc., have been privileged to express their art in the form of NFT and offered them for sale today. While many of these NFT projects have succeeded and received great demand in the market, not all have been so successful. This work has therefore examined the top-performing NFTs in the market since their creation. This will assist the reader in making a creation on which NFT project is best for him to invest in today. You will also find in this work the list of the best crypto exchanges for trading NFTs. 

What is NFT

 The term NFT which is very popular usage in the crypto market today is an acronym for “Non-Fungible Tokens.” Just as the name implies, NFTs are irreplaceable tokens that cannot be converted or altered. One can also describe NFTs as a special type of Cryptocurrency built on a blockchain and used to express ownership. Generally, NFTs are collectibles that can never be traded or exchanged with any other token. 

Top 10 NFT coins to buy today

  • Apecoin (APE): The Apecoin is the governance token of the Bored Ape Yacht Club (BAYC) NFT. This coin, just like its NFT counterpart, has recorded great success from its creation up to the present moment. Shortly after its creation in March 2022, the demand for this coin surpassed those of the stablecoin Tether (USDT). Many believe that this coin will likely perform higher than its NFT counterparts which sold for over $3.4 million in 2021.
  • Decentraland  (MANA): Decentraland is a virtual world built on the Ethereum blockchain, which allows users to create, share and monetize their content. The MANA coin is used to purchase non-fungible lands in the Metaverse space.
  • Sandbox (SAND): SAND is an important Metaverse token powered by the Sandbox, which allows people to play games on the Metaverse. The SANDBOX also allows users to create and monetize their NFTs on the Metaverse.
  • Axie Infinity (AXS): Axie infinity is an online gaming token that allows users to play games and mint new NFTs.
  • Enjin Coin (ENJ): Enjin coin is a decentralized platform built on the Ethereum blockchain, which supports the creation of various gaming applications, business brands, and NFTs.
  • Gala (GALA): Gala is a decentralized gaming platform built on the Ethereum blockchain, which allows players to play games on the platform and earn rewards via Cryptocurrencies and NFT.
  • Mines of Dalarnia (DAR): Dar is a Play-to-earn decentralized gaming platform built on the Ethereum blockchain. This platform rewards players with different in-game items and rare relics, and NFTs.
  • Mobox (MBOX): Mobox is a Metaverse gaming token that runs on the Binance smart chain. The platform aims to bring game players together and reward them for their input using Cryptocurrency and NFTs. Mobox also allows users to create, advertise, trade, and earn NFTs on their platform.
  • Chiliz (CHZ): CHZ is the utility token of the Socios.com platform, which is the base of the sports fan club. Chiliz enables the sports and entertainment sectors to monetize their fans’ support using the token.
  • Syscoin (SYS): Syscoin is an open source third generation blockchain innovation that supports the creation of new tokens and NFTs. It has a highly scalable network that makes it possible to execute smart contracts on its blockchain at a lower fee.

List of Best Ten Crypto Exchanges for trading NFTs

  • Crypto.com
  • Binance
  • Bittrex 
  • Bitfinex
  • Bitmex
  • Kraken
  • Gemini
  • Kucoin
  • eToro 
  • Coinbase

Tags


You may also like

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

Get in touch