Prezzi delle principali raccolte di NFT classificate in base alla capitalizzazione di mercato
| # | NFT | Prezzo minimo | 24h | 7g | 30g | Ultimi 7 giorni | Cap. di mercato | Volume in 24 ore | Vendite 24h | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - |
|
AILU
|
0,002 BTC
187,73 $
|
14.0% | 17.0% | 4.8% |
|
394.234 $
5,04 BTC
|
0,002 BTC
164,26 $
|
1 | ||
| - |
|
GUIDE
|
1,08 SOL
90,81 $
|
0.0% | 52.3% | 0.0% |
|
90.812 $
1.084 SOL
|
1,96 SOL
164,19 $
|
1 | ||
| - |
|
Drifters: Masterwork
|
0,24 SOL
20,30 $
|
1.4% | 3.9% | 21.1% |
|
167.114 $
1.995 SOL
|
1,89 SOL
158,29 $
|
6 | ||
| - |
|
FGDNFT
|
0,44 BNB
271,35 $
|
0.0% | 0.0% | 0.0% |
|
2.077.760 $
3.373 BNB
|
0,25 BNB
156,98 $
|
- | ||
| - |
|
NodeRocks
|
0,0004 BTC
35,12 $
|
0.0% | 49.7% | 124.5% |
|
351.212 $
4,49 BTC
|
0,002 BTC
156,44 $
|
1 | ||
| - |
|
OCM Katoshi Prime by OnChainMonkey®
|
0,001 BTC
91,17 $
|
0.0% | 22.3% | 26.6% |
|
0,00 €
0 BTC
|
0,002 BTC
156,44 $
|
1 | ||
| - |
|
YuliOriginGenOne
|
500,00 BNB
307.963 $
|
0.0% | 0.0% | 38.9% |
|
1.599.867.185 $
2.597.500 BNB
|
0,25 BNB
156,00 $
|
5 | ||
| - |
|
SHRIMPERS
|
0,006 ETH
13,83 $
|
48.9% | 3.5% | 0.0% |
|
41.480 $
18,00 ETH
|
0,068 ETH
155,97 $
|
13 | ||
| - |
|
Michelin 3xplorer Club
|
0,054 ETH
124,44 $
|
20.0% | 10.0% | 12.9% |
|
298.654 $
129,60 ETH
|
0,067 ETH
155,09 $
|
2 | ||
| - |
|
Urban Punk Official
|
0,001 ETH
2,53 $
|
74.6% | 38.4% | 16.8% |
|
25.349 $
11,00 ETH
|
0,064 ETH
147,06 $
|
81 | ||
| - |
|
Shellz Orb
|
0,006 ETH
13,83 $
|
140.1% | 131.0% | 100.1% |
|
121.370 $
52,67 ETH
|
0,064 ETH
147,08 $
|
17 | ||
| - |
|
Stoned Ape Crew
|
0,81 SOL
67,73 $
|
0.9% | 2.1% | 4.1% |
|
284.470 $
3.396 SOL
|
1,75 SOL
146,77 $
|
2 | ||
| - |
|
Ether
|
0,006 ETH
14,75 $
|
0.0% | 0.0% | 0.3% |
|
77.193 $
33,50 ETH
|
0,064 ETH
146,69 $
|
10 | ||
| - |
|
Degenerate Ape Academy
|
Acquista
|
1,70 SOL
142,53 $
|
9.1% | 19.3% | 33.3% |
|
2.534.306 $
30.253 SOL
|
1,75 SOL
146,52 $
|
1 | |
| - |
|
ENS: Ethereum Name Service
|
0,0000 ETH
0,04332330 $
|
0.0% | 0.0% | 30.4% |
|
177.746 $
77,13 ETH
|
0,063 ETH
145,18 $
|
10 | ||
| - |
|
Kanpai Pandas
|
0,070 ETH
161,06 $
|
0.0% | 5.9% | 22.5% |
|
1.421.486 $
616,85 ETH
|
0,063 ETH
145,18 $
|
1 | ||
| - |
|
Market Elites
|
1,80 SOL
151,04 $
|
1.0% | 3.9% | 23.8% |
|
453.124 $
5.409 SOL
|
1,72 SOL
144,09 $
|
1 | ||
| - |
|
GigaBuds
|
0,47 SOL
39,34 $
|
3.5% | 0.9% | 8.6% |
|
393.390 $
4.696 SOL
|
1,72 SOL
143,91 $
|
4 | ||
| - |
|
AOI Engine
|
0,003 ETH
6,34 $
|
0.7% | 72.2% | 10.7% |
|
103.090 $
44,74 ETH
|
0,062 ETH
143,57 $
|
4 | ||
| - |
|
6 RINGS
|
1,39 SOL
116,22 $
|
0.7% | 2.4% | 3.4% |
|
580.730 $
6.932 SOL
|
1,70 SOL
142,41 $
|
1 | ||
| - |
|
Zero Monke Biz
|
1,70 SOL
142,27 $
|
0.0% | 0.1% | 51.4% |
|
455.828 $
5.441 SOL
|
1,70 SOL
142,41 $
|
1 | ||
| - |
|
2048 by Harto
|
0,0005 BTC
37,39 $
|
0.0% | 0.2% | 36.6% |
|
0,00 €
0 BTC
|
0,002 BTC
142,28 $
|
3 | ||
| - |
|
Golfn Season 1 Cards
|
0,86 SOL
71,78 $
|
0.0% | 0.0% | 20.0% |
|
537.093 $
6.411 SOL
|
1,66 SOL
139,06 $
|
6 | ||
| - |
|
The Art of Seasons
|
0,012 ETH
28,34 $
|
24.3% | 23.0% | 80.9% |
|
205.129 $
89,02 ETH
|
0,060 ETH
138,49 $
|
6 | ||
| - |
|
HeavenComputer
|
0,010 ETH
23,04 $
|
0.0% | 19.0% | 163.4% |
|
200.739 $
87,11 ETH
|
0,060 ETH
138,26 $
|
6 | ||
| - |
|
WPNZ
|
0,001 BTC
78,22 $
|
0.0% | 16.7% | 16.7% |
|
0,00 €
0 BTC
|
0,002 BTC
136,89 $
|
1 | ||
| - |
|
MOSCIUN
|
0,53 SOL
44,74 $
|
0.0% | 2.3% | 10.4% |
|
149.108 $
1.780 SOL
|
1,60 SOL
133,95 $
|
3 | ||
| - |
|
Nifty Island: Legendary Palms
|
0,012 ETH
27,63 $
|
4.1% | 7.8% | 9.4% |
|
44.181 $
19,17 ETH
|
0,056 ETH
129,74 $
|
6 | ||
| - |
|
NinjaPets (NinjaFT)
|
0,10 BNB
64,41 $
|
0.0% | 0.0% | 0.0% |
|
0,00 €
0 BNB
|
0,21 BNB
128,46 $
|
- | ||
| - |
|
Otherside Vessel
|
0,005 ETH
11,46 $
|
4.3% | 13.1% | 153.9% |
|
297.871 $
129,26 ETH
|
0,056 ETH
127,90 $
|
15 | ||
| - |
|
Tomorrowland: The Symbol of Love and Unity
|
1,55 SOL
129,45 $
|
4.5% | 26.3% | 18.7% |
|
841.046 $
10.040 SOL
|
1,51 SOL
126,82 $
|
1 | ||
| - |
|
Zero Name Service
|
0,051 ETH
118,65 $
|
1.2% | 13.7% | 24.3% |
|
870.624 $
377,80 ETH
|
0,055 ETH
126,40 $
|
1 | ||
| - |
|
RatBoy NFTs
|
0,060 BNB
36,96 $
|
0.0% | 0.0% | 0.0% |
|
73.911 $
120,00 BNB
|
0,20 BNB
126,23 $
|
- | ||
| - |
|
The Pandarianz
|
0,60 SOL
50,29 $
|
29.0% | 22.3% | 33.8% |
|
55.721 $
665,15 SOL
|
1,51 SOL
126,08 $
|
2 | ||
| - |
|
Honeyland Passes
|
0,65 SOL
54,60 $
|
0.0% | 0.2% | 7.1% |
|
27.027 $
322,63 SOL
|
1,50 SOL
125,92 $
|
2 | ||
| - |
|
REDACTED Schizo Yuppies
|
0,49 SOL
41,04 $
|
22.4% | 120.7% | 198.1% |
|
72.894 $
870,16 SOL
|
1,50 SOL
125,67 $
|
4 | ||
| - |
|
NOMOS
|
0,0008 BTC
61,79 $
|
97.5% | 1.0% | 148.6% |
|
0,00 €
0 BTC
|
0,002 BTC
125,15 $
|
4 | ||
| - |
|
Boryoku Dragonz
|
1,78 SOL
148,88 $
|
8.8% | 44.6% | 39.5% |
|
165.261 $
1.973 SOL
|
1,49 SOL
124,79 $
|
1 | ||
| - |
|
Rune Pups
|
0,0005 BTC
40,67 $
|
0.0% | 10.6% | 10.6% |
|
438.394 $
5,60 BTC
|
0,002 BTC
123,59 $
|
4 | ||
| - |
|
CryptoPhunks
|
0,039 ETH
89,87 $
|
0.0% | 20.0% | 40.8% |
|
896.301 $
388,95 ETH
|
0,053 ETH
122,13 $
|
1 | ||
| - |
|
Lil Peepos
|
0,005 BTC
391,10 $
|
0.0% | 66.7% | 0.0% |
|
164.264 $
2,10 BTC
|
0,002 BTC
121,24 $
|
1 | ||
| - |
|
PepeNals
|
0,0003 BTC
25,03 $
|
0.0% | 100.0% | 73.0% |
|
172.712 $
2,21 BTC
|
0,002 BTC
120,46 $
|
8 | ||
| - |
|
Mimany
|
0,67 SOL
56,39 $
|
0.0% | 12.9% | 187.0% |
|
250.618 $
2.992 SOL
|
1,42 SOL
118,87 $
|
2 | ||
| - |
|
1337 skulls
|
0,020 ETH
45,86 $
|
0.0% | 56.6% | 65.8% |
|
336.186 $
145,89 ETH
|
0,051 ETH
118,67 $
|
3 | ||
| - |
|
BasePaint
|
0,0010 ETH
2,21 $
|
1.0% | 2.1% | 15.7% |
|
627.234 $
272,19 ETH
|
0,050 ETH
116,23 $
|
26 | ||
| - |
|
RTFKT BONUS ITEMS
|
1,50 ETH
3.456,65 $
|
40.0% | 7592.3% | 7475.8% |
|
2.229.537 $
967,50 ETH
|
0,050 ETH
115,68 $
|
2 | ||
| - |
|
CETS ON CRECK
|
0,49 SOL
41,41 $
|
3.8% | 71.5% | 71.2% |
|
288.679 $
3.446 SOL
|
1,38 SOL
115,60 $
|
2 | ||
| - |
|
LuckySea.gg
|
0,47 SOL
39,31 $
|
0.2% | 19.8% | 13.9% |
|
81.480 $
972,65 SOL
|
1,38 SOL
115,35 $
|
3 | ||
| - |
|
World of Women Galaxy
|
0,015 ETH
34,56 $
|
0.7% | 10.1% | 12.8% |
|
742.327 $
322,13 ETH
|
0,050 ETH
115,34 $
|
3 | ||
| - |
|
SHIB YARD
|
0,008 ETH
19,06 $
|
5.5% | 6.0% | 7.7% |
|
404.105 $
175,36 ETH
|
0,050 ETH
114,76 $
|
6 | ||
| - |
|
Elixir: Ovols
|
0,22 SOL
18,82 $
|
0.0% | 21.5% | 30.0% |
|
188.234 $
2.247 SOL
|
1,33 SOL
111,42 $
|
1 | ||
| - |
|
Ovols
|
0,22 SOL
18,82 $
|
0.0% | 21.5% | 30.0% |
|
188.234 $
2.247 SOL
|
1,33 SOL
111,42 $
|
1 | ||
| - |
|
Lil Chudders
|
0,086 SOL
7,17 $
|
33.3% | 25.9% | 25.9% |
|
7.966,77 $
95,10 SOL
|
1,32 SOL
110,47 $
|
13 | ||
| - |
|
The GODA Mint Pass
|
0,018 ETH
40,42 $
|
0.2% | 38.8% | 12.3% |
|
40.420 $
17,54 ETH
|
0,047 ETH
108,95 $
|
3 | ||
| - |
|
STONES
|
0,0001 BTC
10,17 $
|
0.0% | 56.7% | 0.0% |
|
0,00 €
0 BTC
|
0,001 BTC
108,73 $
|
7 | ||
| - |
|
Iron Paw Gang
|
0,016 ETH
36,11 $
|
0.2% | 0.0% | 0.6% |
|
144.442 $
62,68 ETH
|
0,047 ETH
108,19 $
|
3 | ||
| - |
|
ShonenSOL
|
0,070 SOL
5,83 $
|
9.8% | 44.3% | 10.0% |
|
11.831,81 $
141,24 SOL
|
1,27 SOL
106,69 $
|
13 | ||
| - |
|
Wassieverse
|
1,20 SOL
100,37 $
|
11.3% | 31.7% | 65.7% |
|
258.461 $
3.085 SOL
|
1,26 SOL
105,80 $
|
1 | ||
| - |
|
BYOPills
|
0,001 ETH
3,12 $
|
32.2% | 27.0% | 27.0% |
|
31.217 $
13,55 ETH
|
0,046 ETH
104,96 $
|
71 | ||
| - |
|
Decentraland
|
0,050 ETH
114,07 $
|
10.0% | 0.7% | 10.8% |
|
11.248.034 $
4.881 ETH
|
0,045 ETH
103,70 $
|
1 | ||
| - |
|
Retardio Cousins
|
1,38 SOL
115,36 $
|
0.7% | 22.1% | 50.4% |
|
512.661 $
6.120 SOL
|
1,23 SOL
103,23 $
|
1 | ||
| - |
|
tiny dinos (eth)
|
0,009 ETH
20,48 $
|
1.0% | 0.1% | 0.1% |
|
171.841 $
74,57 ETH
|
0,044 ETH
102,24 $
|
5 | ||
| - |
|
Deadfrenz Collection
|
0,010 ETH
22,77 $
|
6.7% | 23.5% | 71.2% |
|
257.342 $
111,67 ETH
|
0,043 ETH
98,63 $
|
7 | ||
| - |
|
Miggles
|
0,003 ETH
6,10 $
|
0.0% | 8.2% | 10.5% |
|
61.044 $
26,49 ETH
|
0,043 ETH
98,17 $
|
11 | ||
| - |
|
Wizard of Alpha
|
1,26 SOL
105,64 $
|
30.4% | 10.3% | 5.3% |
|
172.517 $
2.059 SOL
|
1,16 SOL
97,48 $
|
1 | ||
| - |
|
bitmap
|
Acquista
|
0,0000 BTC
3,66 $
|
0.0% | 4.0% | 36.7% |
|
2.905.526 $
37,15 BTC
|
0,001 BTC
97,37 $
|
26 | |
| - |
|
Solcasino.io
|
0,36 SOL
30,35 $
|
2.1% | 3.1% | 23.9% |
|
151.727 $
1.811 SOL
|
1,16 SOL
97,17 $
|
2 | ||
| - |
|
Non Fungible Tokens
|
0,40 SOL
33,50 $
|
14.7% | 26.5% | 15.0% |
|
111.644 $
1.333 SOL
|
1,15 SOL
96,45 $
|
3 | ||
| - |
|
Hal Froggy Bobblehead
|
0,016 ETH
37,86 $
|
17.4% | 17.4% | 50.6% |
|
61.374 $
26,63 ETH
|
0,042 ETH
95,82 $
|
3 | ||
| - |
|
Enigma by CyberSea x Vivid Gallery x OnChainMonkey®
|
0,003 BTC
251,09 $
|
0.0% | 16.6% | 114.0% |
|
0,00 €
0 BTC
|
0,001 BTC
94,65 $
|
1 | ||
| - |
|
vVv Season 1
|
0,021 ETH
48,62 $
|
11.6% | 5.9% | 15.6% |
|
241.173 $
104,66 ETH
|
0,041 ETH
94,02 $
|
2 | ||
| - |
|
The Odyssey
|
0,001 BTC
78,22 $
|
0.0% | 0.0% | 0.0% |
|
78.143 $
1,00 BTC
|
0,001 BTC
93,87 $
|
3 | ||
| - |
|
SOL Decoder
|
1,19 SOL
99,69 $
|
0.9% | 1.2% | 8.5% |
|
396.366 $
4.732 SOL
|
1,11 SOL
93,15 $
|
1 | ||
| - |
|
DigiDaigaku Super Villains
|
0,049 ETH
113,60 $
|
0.0% | 0.0% | 64.3% |
|
358.647 $
155,63 ETH
|
0,040 ETH
92,87 $
|
2 | ||
| - |
|
Metaverse HQ
|
0,089 ETH
204,59 $
|
22.8% | 22.8% | 26.8% |
|
181.878 $
78,93 ETH
|
0,040 ETH
92,64 $
|
1 | ||
| - |
|
jpegs.fun Disciples
|
0,019 SOL
1,61 $
|
169.2% | 169.2% | 169.2% |
|
40.434 $
482,68 SOL
|
1,10 SOL
92,15 $
|
83 | ||
| - |
|
ForgottenRunesWarriorsGuild
|
0,005 ETH
11,79 $
|
11.3% | 47.1% | 29.8% |
|
188.528 $
81,81 ETH
|
0,040 ETH
91,25 $
|
4 | ||
| - |
|
Namaste
|
0,55 SOL
46,14 $
|
1.9% | 2.1% | 7.5% |
|
50.940 $
608,08 SOL
|
1,06 SOL
88,80 $
|
2 | ||
| - |
|
Great Expectations
|
0,24 ETH
553,04 $
|
0.0% | 352.8% | 380.1% |
|
835.091 $
362,38 ETH
|
0,038 ETH
88,49 $
|
1 | ||
| - |
|
Holoself
|
0,003 ETH
6,91 $
|
302.9% | 526.1% | 526.1% |
|
61.425 $
26,66 ETH
|
0,038 ETH
87,82 $
|
27 | ||
| - |
|
GAMER Leets
|
1,00 BNB
615,93 $
|
0.0% | 33.3% | 961.4% |
|
6.159.258 $
10.000 BNB
|
0,14 BNB
86,26 $
|
1 | ||
| - |
|
CALIVERSE Pioneer
|
0,011 ETH
25,90 $
|
0.0% | 12.6% | 12.5% |
|
143.608 $
62,32 ETH
|
0,037 ETH
85,48 $
|
4 | ||
| - |
|
Pop Art Cats by Matt Chessco
|
0,041 ETH
94,25 $
|
0.0% | 0.0% | 0.0% |
|
942.512 $
409,00 ETH
|
0,037 ETH
85,03 $
|
1 | ||
| - |
|
Broadside
|
0,004 ETH
9,73 $
|
3.7% | 17.0% | 42.9% |
|
70.070 $
30,41 ETH
|
0,037 ETH
84,68 $
|
7 | ||
| - |
|
Planet Kaiju
|
0,12 SOL
10,03 $
|
1.8% | 25.6% | 13.8% |
|
66.867 $
798,21 SOL
|
1,00 SOL
83,77 $
|
1 | ||
| - |
|
Phanta Bear
|
0,020 ETH
46,08 $
|
2.0% | 23.1% | 14.0% |
|
460.794 $
199,96 ETH
|
0,036 ETH
82,96 $
|
2 | ||
| - |
|
Mochimons
|
0,016 ETH
36,56 $
|
0.0% | 10.2% | 10.8% |
|
121.869 $
52,88 ETH
|
0,036 ETH
82,42 $
|
2 | ||
| - |
|
Solana Strays
|
1,12 SOL
93,82 $
|
0.0% | 44.9% | 60.9% |
|
104.238 $
1.244 SOL
|
0,98 SOL
82,10 $
|
1 | ||
| - |
|
sharx by sharky.fi
|
0,30 SOL
25,04 $
|
1.2% | 1.7% | 5.8% |
|
253.062 $
3.021 SOL
|
0,97 SOL
81,26 $
|
1 | ||
| - |
|
FLUF World
|
0,014 ETH
31,72 $
|
5.7% | 43.6% | 14.2% |
|
317.182 $
137,64 ETH
|
0,035 ETH
81,11 $
|
3 | ||
| - |
|
Pixels Pets
|
178,00 RON
16,92 $
|
0.0% | 0.6% | 1.1% |
|
75.663 $
796.016 RON
|
843,00 RON
80,13 $
|
3 | ||
| - |
|
SolCity
|
0,55 SOL
46,43 $
|
12.1% | 0.0% | 28.6% |
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101.643 $
1.213 SOL
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0,96 SOL
80,00 $
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Sol Slugs
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1,07 SOL
89,72 $
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13.9% | 6.7% | 12.3% |
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409.567 $
4.889 SOL
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0,95 SOL
79,92 $
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BASC Collection
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0,44 SOL
36,49 $
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10.9% | 16.7% | 28.6% |
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361.842 $
4.319 SOL
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0,95 SOL
79,50 $
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Adam Bomb Squad
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0,013 ETH
28,81 $
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3.8% | 3.8% | 8.7% |
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720.135 $
312,50 ETH
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0,034 ETH
78,35 $
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OCM Katoshi Classic by OnChainMonkey®
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0,0007 BTC
57,88 $
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0,00 €
0 BTC
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0,001 BTC
78,22 $
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RSIC METAPROTOCOL
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0,0007 BTC
58,29 $
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0.0% | 14.2% | 16.2% |
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1.224.177 $
15,65 BTC
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0,001 BTC
78,22 $
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BEST BEFORE by Lemonhaze x ORDINALLY
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0,0005 BTC
37,40 $
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0.0% | 40.0% | 40.0% |
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0,00 €
0 BTC
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0,001 BTC
78,22 $
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CakeMonsterLottery
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0,15 BNB
92,39 $
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0.0% | 0.0% | 0.0% |
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226.537 $
367,80 BNB
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0,13 BNB
77,34 $
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Vibe Tribe
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1,02 SOL
85,83 $
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0.0% | 17.5% | 30.6% |
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137.417 $
1.640 SOL
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0,92 SOL
77,07 $
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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 API Dati NFT.
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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