Kurse der Top-NFT-Sammlungen gerankt nach Marktkap
| # | NFT | Grundpreis | 24h | 7d | 30d | Letzte 7 Tage | Marktkap | 24-Stunden-Volumen | 24h Verkäufe | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
Gamba Dogs
|
4,16 SOL
304,14 $
|
2.3% | 2.7% | 16.9% |
|
608.287 $
8.325 SOL
|
3,70 SOL
270,36 $
|
1 | ||
| - |
|
CryptoBatz by Ozzy Osbourne
|
0,027 ETH
48,31 $
|
0.0% | 0.0% | 17.2% |
|
466.727 $
256,02 ETH
|
0,15 ETH
269,26 $
|
6 | ||
| - |
|
Gib Meme Gigapack Memecards
|
0,027 SOL
1,98 $
|
4.6% | 31.1% | 28.9% |
|
124.945 $
1.710 SOL
|
3,65 SOL
267,04 $
|
88 | ||
| - |
|
The Wizards of Ord
|
0,005 BTC
355,05 $
|
5.3% | 17.8% | 35.0% |
|
1.183.387 $
18,00 BTC
|
0,004 BTC
266,17 $
|
1 | ||
| - |
|
Alpha Gardeners
|
4,56 SOL
333,34 $
|
2.5% | 11.8% | 12.6% |
|
164.669 $
2.254 SOL
|
3,60 SOL
262,91 $
|
1 | ||
| - |
|
Bitcoin Bandits
|
0,004 BTC
279,44 $
|
0.0% | 6.8% | 14.8% |
|
143.073 $
2,18 BTC
|
0,004 BTC
261,69 $
|
1 | ||
| - |
|
Liminals
|
0,092 SOL
6,71 $
|
8.1% | 9.1% | 18.4% |
|
22.358 $
305,97 SOL
|
3,56 SOL
260,47 $
|
34 | ||
| - |
|
Kanpai Pandas
|
0,047 ETH
85,68 $
|
24.2% | 2.1% | 29.9% |
|
756.235 $
414,82 ETH
|
0,14 ETH
259,96 $
|
3 | ||
| - |
|
Skellie
|
0,030 ETH
54,51 $
|
50.3% | 57.5% | 70.9% |
|
136.272 $
74,75 ETH
|
0,14 ETH
258,32 $
|
- | ||
| - |
|
Bored Ape Solana Club
|
1,34 SOL
98,08 $
|
6.8% | 1.4% | 2.7% |
|
588.166 $
8.049 SOL
|
3,52 SOL
257,20 $
|
3 | ||
| - |
|
LuckySea.gg
|
0,50 SOL
36,74 $
|
0.2% | 9.8% | 0.2% |
|
76.171 $
1.042 SOL
|
3,47 SOL
253,82 $
|
7 | ||
| - |
|
Bufficorn Buidl Brigade
|
0,005 ETH
8,30 $
|
0.0% | 0.0% | 17.2% |
|
82.993 $
45,52 ETH
|
0,14 ETH
254,06 $
|
43 | ||
| - |
|
PennyMoon NFTs
|
0,010 BNB
6,26 $
|
0.0% | 0.0% | 0.0% |
|
12,52 $
0,020 BNB
|
0,41 BNB
253,36 $
|
- | ||
| - |
|
REDACTED Schizo Yuppies
|
0,41 SOL
30,10 $
|
0.0% | 131.4% | 12.3% |
|
53.460 $
731,62 SOL
|
3,21 SOL
234,71 $
|
3 | ||
| - |
|
Netvrk Land
|
0,020 ETH
36,46 $
|
300.8% | 975.3% | 729.9% |
|
382.400 $
209,76 ETH
|
0,13 ETH
233,55 $
|
17 | ||
| - |
|
GEVOLs
|
0,009 ETH
16,08 $
|
63.7% | 63.7% | 29.7% |
|
142.847 $
78,36 ETH
|
0,13 ETH
232,03 $
|
17 | ||
| - |
|
Hashmasks
|
0,078 ETH
141,93 $
|
0.0% | 0.0% | 7.3% |
|
2.323.663 $
1.275 ETH
|
0,12 ETH
222,41 $
|
2 | ||
| - |
|
Pome Survival Companion Pet
|
0,30 BNB
187,63 $
|
0.0% | 0.0% | 696.1% |
|
564.006 $
901,80 BNB
|
0,35 BNB
218,88 $
|
6 | ||
| - |
|
EAPES
|
0,62 SOL
45,04 $
|
0.3% | 2.0% | 16.1% |
|
150.076 $
2.054 SOL
|
2,99 SOL
218,48 $
|
3 | ||
| - |
|
$DOG | Genesis
|
0,004 BTC
256,43 $
|
0.0% | 2.5% | 11.7% |
|
1.410.344 $
21,45 BTC
|
0,003 BTC
180,81 $
|
1 | ||
| - |
|
Sunflower Land
|
0,0002 ETH
0,361616 $
|
2.0% | 2.1% | 2.1% |
|
95.106 $
52,17 ETH
|
0,12 ETH
211,83 $
|
3 | ||
| - |
|
Visions of the Void
|
0,008 ETH
13,67 $
|
0.0% | 0.0% | 168.8% |
|
60.762 $
33,33 ETH
|
0,12 ETH
209,82 $
|
6 | ||
| - |
|
Blvck Genesis
|
0,007 ETH
12,06 $
|
0.4% | 0.4% | 4.5% |
|
120.570 $
66,14 ETH
|
0,11 ETH
208,08 $
|
15 | ||
| - |
|
Thetan Hero
|
1,00 BNB
625,42 $
|
0.0% | 0.0% | 900.0% |
|
222.749.337 $
356.158 BNB
|
0,33 BNB
206,86 $
|
22 | ||
| - |
|
Bricktopians by Law Degree
|
0,022 ETH
40,11 $
|
0.0% | 0.0% | 29.0% |
|
333.849 $
183,13 ETH
|
0,11 ETH
205,09 $
|
3 | ||
| - |
|
Moonbirds Oddities
|
0,11 ETH
192,87 $
|
20.1% | 0.0% | 5.4% |
|
1.166.496 $
639,87 ETH
|
0,11 ETH
202,36 $
|
1 | ||
| - |
|
CryptoUndeads
|
0,43 SOL
31,20 $
|
0.0% | 23.5% | 90.8% |
|
311.923 $
4.269 SOL
|
2,76 SOL
201,52 $
|
6 | ||
| - |
|
MathVerse Land
|
5,00 BNB
3.127,11 $
|
0.0% | 5278.8% | 7860.7% |
|
7.817.785 $
12.500 BNB
|
0,32 BNB
199,71 $
|
1 | ||
| - |
|
BullBears
|
0,21 SOL
15,26 $
|
2.6% | 0.3% | 32.2% |
|
118.537 $
1.622 SOL
|
2,70 SOL
197,22 $
|
6 | ||
| - |
|
LO-FI PEPE
|
0,007 ETH
11,85 $
|
0.0% | 0.0% | 7.1% |
|
82.581 $
45,30 ETH
|
0,11 ETH
196,89 $
|
41 | ||
| - |
|
$DOG | Ordinals - SZN II B9-450x
|
0,004 BTC
263,00 $
|
0.0% | 111.6% | 67.4% |
|
0,00 €
0 BTC
|
0,003 BTC
197,25 $
|
1 | ||
| - |
|
Oblivion by Nullish
|
0,005 BTC
321,52 $
|
0.0% | 29.1% | 33.9% |
|
178.121 $
2,71 BTC
|
0,003 BTC
197,25 $
|
1 | ||
| - |
|
DogePunks
|
0,0004 BTC
23,01 $
|
45.8% | 0.0% | 16.7% |
|
230.126 $
3,50 BTC
|
0,003 BTC
197,19 $
|
11 | ||
| - |
|
RTFKT Project Animus
|
0,025 ETH
45,58 $
|
0.0% | 0.0% | 36.7% |
|
557.256 $
305,68 ETH
|
0,11 ETH
196,65 $
|
1 | ||
| - |
|
Fomojis 2.0
|
0,002 BTC
130,19 $
|
0.0% | 15.7% | 5.9% |
|
261.543 $
3,98 BTC
|
0,003 BTC
195,94 $
|
1 | ||
| - |
|
Phanta Bear
|
0,027 ETH
49,77 $
|
0.0% | 1.4% | 36.5% |
|
497.688 $
273,00 ETH
|
0,11 ETH
195,06 $
|
4 | ||
| - |
|
Proud Kitty Gang
|
0,50 BNB
312,71 $
|
0.0% | 0.0% | 696.1% |
|
1.552.925 $
2.483 BNB
|
0,31 BNB
192,64 $
|
3 | ||
| - |
|
GAINZ
|
3,01 SOL
219,76 $
|
0.7% | 6.1% | 8.0% |
|
732.471 $
10.024 SOL
|
2,60 SOL
189,98 $
|
1 | ||
| - |
|
Pudgy Milady
|
0,014 ETH
24,79 $
|
0.0% | 69.9% | 173.6% |
|
201.011 $
110,26 ETH
|
0,10 ETH
189,60 $
|
15 | ||
| - |
|
RENGA
|
0,059 ETH
107,19 $
|
1.0% | 0.0% | 0.3% |
|
977.933 $
536,43 ETH
|
0,10 ETH
186,49 $
|
2 | ||
| - |
|
MOB
|
0,10 SOL
7,43 $
|
5.8% | 6.1% | 40.8% |
|
74.121 $
1.014 SOL
|
2,53 SOL
184,56 $
|
30 | ||
| - |
|
D1srupt0r
|
0,16 SOL
11,37 $
|
6.0% | 32.4% | 39.2% |
|
37.885 $
518,46 SOL
|
2,50 SOL
182,84 $
|
13 | ||
| - |
|
based punks
|
0,055 ETH
99,69 $
|
0.0% | 16.4% | 60.4% |
|
498.431 $
273,41 ETH
|
0,100 ETH
182,30 $
|
1 | ||
| - |
|
Quack Heads
|
0,75 SOL
54,61 $
|
13.4% | 20.8% | 30.9% |
|
109.165 $
1.494 SOL
|
2,48 SOL
181,53 $
|
3 | ||
| - |
|
$DOG | Ordinals - SZN I Genesis
|
0,004 BTC
256,43 $
|
0.0% | 2.5% | 11.7% |
|
1.410.344 $
21,45 BTC
|
0,003 BTC
180,81 $
|
1 | ||
| - |
|
PoorTraits
|
0,0002 BTC
13,15 $
|
4.8% | 20.0% | 23.1% |
|
0,00 €
0 BTC
|
0,003 BTC
179,50 $
|
13 | ||
| - |
|
BASC Collection
|
0,49 SOL
35,54 $
|
0.6% | 14.3% | 11.7% |
|
352.453 $
4.823 SOL
|
2,40 SOL
175,62 $
|
5 | ||
| - |
|
AOI Engine
|
0,003 ETH
5,01 $
|
0.0% | 0.0% | 0.0% |
|
81.557 $
44,74 ETH
|
0,095 ETH
172,28 $
|
3 | ||
| - |
|
LP Doll
|
0,70 SOL
50,82 $
|
12.1% | 20.8% | 9.6% |
|
225.848 $
3.091 SOL
|
2,31 SOL
168,57 $
|
2 | ||
| - |
|
Nomu OG
|
1,99 SOL
145,11 $
|
10.7% | 22.1% | 22.1% |
|
145.115 $
1.986 SOL
|
2,32 SOL
169,38 $
|
1 | ||
| - |
|
Planets
|
0,003 BTC
169,34 $
|
0.0% | 22.9% | 102.6% |
|
0,00 €
0 BTC
|
0,003 BTC
169,34 $
|
1 | ||
| - |
|
SHRIMPERS
|
0,020 ETH
36,10 $
|
230.0% | 230.0% | 219.4% |
|
108.288 $
59,40 ETH
|
0,092 ETH
168,10 $
|
11 | ||
| - |
|
Proof of Narnian NFT
|
0,13 ETH
231,52 $
|
15.6% | 15.5% | 8.3% |
|
771.673 $
423,29 ETH
|
0,092 ETH
168,27 $
|
1 | ||
| - |
|
Runestone
|
0,001 BTC
91,26 $
|
0.0% | 3.7% | 28.6% |
|
10.257.782 $
156,01 BTC
|
0,003 BTC
167,01 $
|
2 | ||
| - |
|
Peepos
|
0,003 BTC
197,25 $
|
0.0% | 40.0% | 40.0% |
|
82.845 $
1,26 BTC
|
0,003 BTC
166,35 $
|
2 | ||
| - |
|
Drifters: Masterwork
|
0,37 SOL
27,36 $
|
0.0% | 22.7% | 52.1% |
|
226.573 $
3.101 SOL
|
2,25 SOL
164,40 $
|
6 | ||
| - |
|
Killer GF
|
0,10 ETH
182,30 $
|
316.7% | 213.5% | 270.0% |
|
1.417.774 $
777,70 ETH
|
0,090 ETH
163,85 $
|
3 | ||
| - |
|
The Royals
|
0,0004 BTC
24,66 $
|
0.0% | 3.0% | 3.8% |
|
248.536 $
3,78 BTC
|
0,002 BTC
163,13 $
|
7 | ||
| - |
|
FGDNFT
|
0,44 BNB
275,54 $
|
0.0% | 0.0% | 0.0% |
|
2.109.798 $
3.373 BNB
|
0,25 BNB
159,40 $
|
- | ||
| - |
|
YuliOriginGenOne
|
500,00 BNB
312.711 $
|
0.0% | 0.0% | 38.9% |
|
1.624.535.746 $
2.597.500 BNB
|
0,25 BNB
158,41 $
|
5 | ||
| - |
|
Bitcoin Philately
|
0,0007 BTC
44,05 $
|
16.2% | 9.5% | 21.2% |
|
0,00 €
0 BTC
|
0,002 BTC
157,80 $
|
1 | ||
| - |
|
Galaxy-Warriors
|
0,050 ETH
91,15 $
|
290.6% | 290.6% | 290.6% |
|
911.426 $
499,95 ETH
|
0,085 ETH
154,45 $
|
10 | ||
| - |
|
Rogues
|
0,49 SOL
35,73 $
|
1.3% | 5.8% | 10.4% |
|
119.091 $
1.630 SOL
|
2,06 SOL
150,82 $
|
3 | ||
| - |
|
HV-MTL
|
0,035 ETH
63,75 $
|
0.0% | 0.0% | 41.1% |
|
1.808.376 $
991,96 ETH
|
0,082 ETH
148,58 $
|
4 | ||
| - |
|
Monke
|
0,34 SOL
25,12 $
|
17.3% | 28.5% | 28.5% |
|
8.415,94 $
115,17 SOL
|
2,01 SOL
146,87 $
|
6 | ||
| - |
|
Solarians
|
2,04 SOL
149,06 $
|
0.5% | 23.7% | 4.7% |
|
1.475.445 $
20.192 SOL
|
1,99 SOL
145,41 $
|
1 | ||
| - |
|
MOSCIUN
|
0,79 SOL
57,83 $
|
25.1% | 57.0% | 48.2% |
|
192.761 $
2.638 SOL
|
1,97 SOL
143,95 $
|
1 | ||
| - |
|
Bitcoin Frogs
|
0,004 BTC
263,00 $
|
29.0% | 11.1% | 17.3% |
|
2.630.012 $
40,00 BTC
|
0,002 BTC
144,79 $
|
1 | ||
| - |
|
Yuna Revelation BRC2.0
|
0,0008 BTC
52,53 $
|
0.0% | 0.0% | 39.5% |
|
0,00 €
0 BTC
|
0,002 BTC
144,26 $
|
4 | ||
| - |
|
Heroes of Elumia
|
0,58 SOL
42,48 $
|
2.2% | 2.2% | 1.7% |
|
65.255 $
893,03 SOL
|
1,93 SOL
141,03 $
|
2 | ||
| - |
|
Solana Strays
|
0,50 SOL
36,50 $
|
0.0% | 5.1% | 55.4% |
|
40.552 $
554,97 SOL
|
1,91 SOL
139,66 $
|
4 | ||
| - |
|
Zero Name Service
|
0,048 ETH
87,41 $
|
0.1% | 0.1% | 6.7% |
|
641.448 $
351,86 ETH
|
0,077 ETH
140,56 $
|
1 | ||
| - |
|
G*BOY Badges
|
0,37 SOL
27,30 $
|
2.7% | 3.6% | 10.4% |
|
40.954 $
560,47 SOL
|
1,90 SOL
138,91 $
|
1 | ||
| - |
|
Lions of Liquania
|
1,05 SOL
76,64 $
|
1.2% | 0.9% | 0.9% |
|
100.626 $
1.377 SOL
|
1,88 SOL
137,23 $
|
2 | ||
| - |
|
sharx by sharky.fi
|
0,30 SOL
21,76 $
|
0.0% | 2.1% | 0.3% |
|
219.985 $
3.011 SOL
|
1,88 SOL
137,37 $
|
2 | ||
| - |
|
AILU
|
0,002 BTC
157,80 $
|
14.0% | 17.0% | 4.8% |
|
331.381 $
5,04 BTC
|
0,002 BTC
138,08 $
|
1 | ||
| - |
|
DUSTER GANG
|
0,73 SOL
53,39 $
|
0.0% | 39.6% | 34.4% |
|
118.625 $
1.623 SOL
|
1,84 SOL
134,16 $
|
1 | ||
| - |
|
NodeRocks
|
0,0004 BTC
29,52 $
|
0.0% | 49.7% | 124.5% |
|
295.219 $
4,49 BTC
|
0,002 BTC
131,50 $
|
1 | ||
| - |
|
OCM Katoshi Prime by OnChainMonkey®
|
0,001 BTC
76,64 $
|
0.0% | 22.3% | 26.6% |
|
0,00 €
0 BTC
|
0,002 BTC
131,50 $
|
1 | ||
| - |
|
NinjaPets (NinjaFT)
|
0,10 BNB
65,40 $
|
0.0% | 0.0% | 0.0% |
|
0,00 €
0 BNB
|
0,21 BNB
130,45 $
|
- | ||
| - |
|
RatBoy NFTs
|
0,060 BNB
37,53 $
|
0.0% | 0.0% | 0.0% |
|
75.051 $
120,00 BNB
|
0,20 BNB
128,17 $
|
- | ||
| - |
|
Murakami Lucky Cat Coin Bank
|
0,085 ETH
154,95 $
|
23.2% | 23.2% | 3.7% |
|
1.586.577 $
870,29 ETH
|
0,069 ETH
125,79 $
|
1 | ||
| - |
|
Ape Reunion
|
0,012 ETH
21,88 $
|
0.0% | 0.0% | 2.8% |
|
218.762 $
120,00 ETH
|
0,069 ETH
125,84 $
|
6 | ||
| - |
|
Lil Peepos
|
0,005 BTC
328,75 $
|
0.0% | 66.7% | 0.0% |
|
138.076 $
2,10 BTC
|
0,002 BTC
101,91 $
|
1 | ||
| - |
|
Jungle Bay
|
0,15 ETH
269,81 $
|
1.5% | 1.5% | 20.3% |
|
1.498.520 $
821,99 ETH
|
0,066 ETH
120,68 $
|
1 | ||
| - |
|
Mutants On Sol Crew
|
0,36 SOL
26,15 $
|
4.2% | 69.8% | 24.8% |
|
91.511 $
1.252 SOL
|
1,63 SOL
119,16 $
|
4 | ||
| - |
|
Drilady
|
0,46 SOL
33,61 $
|
0.0% | 24.5% | 158.2% |
|
84.030 $
1.150 SOL
|
1,63 SOL
118,80 $
|
5 | ||
| - |
|
Based OnChain Punks
|
0,007 ETH
12,37 $
|
9.3% | 17.2% | 59.0% |
|
123.724 $
67,87 ETH
|
0,065 ETH
119,41 $
|
15 | ||
| - |
|
2048 by Harto
|
0,0005 BTC
31,43 $
|
0.0% | 0.2% | 36.6% |
|
0,00 €
0 BTC
|
0,002 BTC
119,60 $
|
3 | ||
| - |
|
Parallel Avatars
|
0,052 ETH
94,81 $
|
0.0% | 2.0% | 23.2% |
|
1.043.037 $
572,14 ETH
|
0,066 ETH
119,41 $
|
2 | ||
| - |
|
Garbage Friends
|
0,027 ETH
48,31 $
|
0.0% | 1.0% | 17.2% |
|
239.088 $
131,15 ETH
|
0,065 ETH
118,50 $
|
2 | ||
| - |
|
Neo Tokyo Outer Citizen V2
|
0,092 ETH
167,23 $
|
0.0% | 0.0% | 13.5% |
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598.860 $
328,50 ETH
|
0,065 ETH
118,50 $
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1 | ||
| - |
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Doopies
|
0,35 SOL
25,58 $
|
5.0% | 1.2% | 26.6% |
|
227.386 $
3.112 SOL
|
1,58 SOL
115,63 $
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4 | ||
| - |
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The Plague NFT
|
0,043 ETH
78,39 $
|
0.0% | 15.5% | 79.2% |
|
840.738 $
461,17 ETH
|
0,064 ETH
115,93 $
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2 | ||
| - |
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Wolf Capital
|
0,060 SOL
4,41 $
|
0.0% | 18.4% | 7.6% |
|
32.710 $
447,65 SOL
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1,58 SOL
115,29 $
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11 | ||
| - |
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alien frens
|
0,028 ETH
50,86 $
|
0.0% | 0.0% | 17.9% |
|
508.576 $
278,97 ETH
|
0,063 ETH
115,21 $
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3 | ||
| - |
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WPNZ
|
0,001 BTC
65,75 $
|
0.0% | 16.7% | 16.7% |
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0,00 €
0 BTC
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0,002 BTC
115,06 $
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1 | ||
| - |
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TODAY - Mythic Seed
|
0,014 ETH
25,70 $
|
0.0% | 0.0% | 25.8% |
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142.780 $
78,32 ETH
|
0,063 ETH
114,49 $
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6 | ||
| - |
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Kups by Raposa
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0,44 SOL
32,45 $
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12.4% | 21.6% | 43.6% |
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316.490 $
4.331 SOL
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1,55 SOL
113,55 $
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4 | ||
| - |
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SolPunks
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0,68 SOL
49,94 $
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0.0% | 36.7% | 24.3% |
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499.118 $
6.831 SOL
|
1,51 SOL
110,63 $
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2 | ||
What Are NFTs?
A non-fungible token (NFT) is a digital asset or a unique identifier that assigns, links, or proves ownership of unique physical and digital goods. These goods can be anything ranging from artwork, music, digital real estate, or videos. In simple terms, NFTs are unique crypto tokens managed on a blockchain and they can be considered as modern-day collectibles. Each NFT is coded with a unique ID and other metadata that are impossible to replicate on other tokens. The blockchain acts as a decentralized ledger that is used to track the transaction history and ownership of the NFT, and this makes it difficult to be counterfeited or altered. Any digital object can become an NFT and anyone can make an NFT. To convert a digital object to an NFT, you just need to mint or put the object on the blockchain as a token and put the digital artwork for sale. NFT creators can choose to attach a commission to the file and get paid for every sale or resale of the file.
What is a NFT floor price?
Floor price refers to the lowest price for an NFT collection that someone can buy directly from the market. You can now track market data for NFT collections using our new NFT-Daten-API.
How to Calculate NFT Floor Prices?
NFT floor price is the lowest price an individual is willing to sell an NFT for. Alternatively, the NFT floor price can also be the lowest amount of ETH a person is able to spend to own an NFT or become a member of an NFT project. NFT floor price is often determined and set by the owner of the NFT. The seller can decide to choose a floor price that is less than that of other similar NFTs within the NFT project. Knowing how to calculate the floor price of an NFT will save you the trouble of making a bad investment. In most cases, NFT investors use the floor price to determine the rarity of an NFT and find out if the NFT project has the chance of appreciating in value. The major determinant of the value of NFT floor price is the demand. If the NFT is in high demand, the seller will not want to sell it at a price lower than the value of other NFTs in the project. But if the reverse is the case and the demand for the NFT is low, the seller will most likely pick a low floor price in order to sell out the NFT quickly before it freezes out. As stated above, the floor price of an NFT is determined by the demand for the NFT. Below are factors that can affect the demand for an NFT and ultimately affect the floor price of NFTs: - The utility of the NFT - The uniqueness of the product - Creator's popularity - The product appeal to a wide range of buyers - The diversity of the NFT creators
What is NFT Market Cap?
NFT market cap is the total value of all NFTs in a collection in circulation, calculated by multiplying the total supply of NFTs in a collection by the current floor price. It serves as a valuation indicator to compare NFT assets with each other and with other cryptocurrencies. The rank that we assign to a collection reflects its position across all NFT collections in all the chains that we are tracking, hence you can consider it as a global market cap ranking.
How Do NFTs Differ From Cryptocurrencies?
Cryptocurrencies are identical to each other and can serve as a medium of commercial exchange, NFTs on the other hand, cannot be exchanged or traded at equivalency. This is because they are not identical to each other. Fungible items like cryptocurrency and fiat money can be exchanged with one another without losing value because their value is not tied to their uniqueness. An example of a fungible item is a dollar bill. Every $1 bill has the same value, so exchanging one bill with another bill that has a different serial number will in no way reduce the value of the $1 bill. The reverse is the case with NFTs. Each token is unique and is not always worth the same amount as other similar tokens.
Why Do NFTs Have Value?
The primary reason for NFT value is that each token is unique and cannot be interchanged. NFTs are also valuable because they help verify the authenticity and ownership of a non-fungible asset. Even though these digital assets may be duplicated, the original is unique and irreplaceable. Plainly put, the value of NFTs is tied to the non-fungibility of the tokens. Unlike fungible tokens, NFTs cannot be broken down into smaller units. Fungible tokens such as bitcoin are divisible into smaller units. For instance, bitcoin can be split into Satoshi. The implication of this is that even though an NFT asset can be copied, the digital certificate of ownership that can be bought or sold along with the artwork can't be duplicated. Only the original asset has the ownership certificate. So while other people may have access to the asset, none of them can claim ownership of it. Even though the NFTs are virtual, the fact that their ownership and authenticity can be verified makes them valuable.
What are NFTs Used For?
NFT buyers can choose to do whatever they like with their NFT after purchase. In most cases, the use of the NFT is dependent on what type of NFT it is.
Some may choose to hold NFTs that they believe will have long-term value, while others may sell their NFTs after buying just to make some profit. Savvy NFT traders take advantage of price fluctuations and actively trade NFTs to generate profit.
On the other hand, some NFT buyers like art collectors are not interested in reselling the NFT. They buy NFTs because they like collecting them. This group of buyers derive joy from knowing that they are the sole owners of certain digital assets.
Also, the importance and uses of NFTs keeps increasing as more categories are being discovered.
Below are some things you can use NFTs for:
1. Verifying the Authenticity of Products
NFTs are used to store information regarding the manufacturing process and ownership of a product on the blockchain.
This information cannot be tampered with or duplicated.
The fact that all this information about a product can be accessed easily helps to solve the problem of the circulation of fake copies of a product.
2. Gaming Industry
The uses of NFTs in the gaming industry cannot be overemphasized. Game developers use NFTs to create a constant stream of revenue by having gamers buy and trade in-game NFT items.
The use of NFTs in the gaming industry also enables gamers to make easier and safer transactions devoid of middlemen within the blockchain.
3. Intellectual Property and Patents
You can use NFTs to protect intellectual property and patents and also prove your ownership of any piece of digital content.
The traditional IP right tools like trademarks and copyrights are not as efficient as NFTs when it comes to protecting and proving the real ownership of a piece of content.
With NFTs, the creator of content can prove that he is the original creator of a digital asset at any given time.
4. Utility in the Metaverse
NFTs play a leading role in shaping the virtual reality future like the metaverse.
Literally, every item sold in the metaverse is an NFT. Transactions are already being made in the metaverse using NFT coins.
The future avatar of every metaverse user is also an NFT.
How to Mint NFTs
Anyone can mint NFTs. This minting can be done on many of the available NFT marketplaces like OpenSea, SuperRare, and Rarible.
Because many of these marketplaces are only available on the Ethereum network, you must have Ethereum's native currency Ether, and a wallet compatible with the Ethereum network to be able to mint NFTs.
The process of minting NFTs in each marketplace may be slightly different, but they are similar. The major difference in the minting process is the fees charged by each marketplace.
The minting steps below are applicable to most marketplaces:
Step 1: Create a Crypto Exchange Account.
You will need Ether in your wallet to pay the minting fee.
Step 2: Create a Crypto Wallet
To get started with the minting process you need to open a crypto wallet and connect it to the NFT Marketplace.
If you are using a wallet like Coinbase or MetaMask, you may be asked to connect your wallet through a QR code scanner on your smartphone or download the wallet to your computer.
Step 3: Send Ether to your Wallet
After setting up your wallet, the next thing to do is to send Ether from your exchange to your wallet.
In most cases, you will be able to send crypto to a wallet with a public address.
Your wallet's public address will always be visible when you open your wallet plugin on the browser or on your smartphone.
Step 4: Connect Your Wallet
After opening your wallet, go to the website of the platform you are using and click on the profile option.
When you do this, you will see an option for connecting your wallet to the marketplace.
Select the option.
Once the wallet is connected and your marketplace profile has been created, you will need to complete your profile by entering a username and your email address to verify your account.
Your profile can include information such as what type of crypto you accept as payment, your website, and social media link, and some information about yourself.
Step 5: Mint Your NFT
After opening your wallet, go to the website of the platform you are using and click on the profile option.
When you do this, you will see an option for connecting your wallet to the marketplace.
Select the option.
Once the wallet is connected and your marketplace profile has been created, you will need to complete your profile by entering a username and your email address to verify your account.
Your profile can include information such as what type of crypto you accept as payment, your website, and social media link, and some information about yourself.
Step 6: Sell Your NFT
After creating your NFT, you will need to list it for sale.
To do this, click on the "Sell" option on your NFT page. You will be redirected to a new page where you can choose to sell your NFT for a fixed price or auction it.
If you are selling at a fixed price, set the price you want to sell at, then complete the listing.
Before finally listing your NFT for sale, your platform may ask you to initialize your wallet. You will also need to confirm the selling price through your wallet.
Once this is done, your NFT has been minted and is ready for sale.
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