ApeCoin (APE)ĪpeCoin is another ethereum based ERC-20 governance and utility token used within the APE Ecosystem including the Bored Ape Yacht Club to empower and incentivise a decentralised community building in Web3. Top 5 NFTs: Largest tokens by market capīased on total market capitalisation on 28 April 2022, the five largest NFT-related tokens are Decentraland’s MANA, Axie Infinity’s AXS, The Sandbox’s SAND, Theta Network’s THETA, and the ApeCoin ( APE). Like many cryptos the NFT tokens took a hit during the recent flash crash but over this last week (up to 6 April) a wave of negative sentiment has hit the crypto space and they have all taken a hit.Īre you interested in gaining exposure to the NFT market in your investment portfolio? One way to invest in NFTs is to watch the cryptocurrency coins or tokens used for popular collections. The single highest-priced image is Everydays: The First 5000 Days by artist Beeple, the first NFT sold by auction house Christie’s, which changed hands for $69.3m in March. The most expensive NFT collection to date is Merge by artist Pak, which sold more than 300,000 units over 48 hours in December for a total of $91.8m. Prices for NFTs can range from a few dollars to millions of dollars for the highest priced NFTs. ![]() They can be used to authenticate works of art, create limited edition collectibles or represent characters in game universes.ĭigital art collections such as Bored Ape Yacht Club and CryptoPunks, metaverse games such as Axie Infinity and Sandbox and sports collectibles such as NBA Top Shots were among the most popular NFTs of 2021 as investors sought to profit from the craze. NFTs are tokens that run on smart contracts on a blockchain and represent digital or physical assets. In March 13,000 sales produced $102m of sales, On 26 April there were 42,792 sales to generate that $54m. Interestingly in April the number of sales was rising while the total value of sales was falling. Then interest declined into March before a $121m spike on 7 March, then another of $102m on 17 March. This week (26 April) however the excitement appears to have died down with total sales at around $54m. Sales by value totalled $15.57bn in 2021 and rose above $160m on 31 January 2022, data from showed. Sales of non-fungible tokens (NFTs) took off in 2021 and soared to an all-time high, based on the number of sales, hitting a peak on 29 August with $411m. ![]() Top 5 NFTs: What are the top tokens by market cap? – Photo: Shutterstock
0 Comments
Leave a Reply. |