NFTs dominated the cryptocurrency market in 2021. They blew up the crypto market in March, and the overall value of the cryptocurrency market increased significantly in June 2021 as investors and the general public became more aware of the potential of NFTs. NFTs have continued to skyrocket over time, with BAYC leading the way. As of 29th of January 2022, BAYC floor price rose to an all-time high of 100ETH, and Justin Bieber joined the BAYC club, purchasing #3001 Ape for 500 ETH. With the recent event on BAYC, we can as well be in for more surprises. Get in early and HODL till you can.
Millions of NFTs are available for purchase on various marketplaces such as OpenSea, MagicEden, Rarible, Foundation, and AirNFTs, and there is you, with some money to spare, looking for the right NFT project to follow and invest in. How do you find the most promising NFT projects to follow and potentially invest in? Here is a list of the top 3 NFT projects that you should be aware of based on extensive and well-guided research.
1. CryptoPunks
Presently, no one is listing their asset on CryptoPunks, as seen on OpenSea. None of the owners wants to miss out on their favorite asset turning into a goldmine in some months. You have probably heard of CryptoPunks unless you’ve been living under a rock. On the Ethereumblockchain, CryptoPunks is an NFT collection. Computer algorithms produce 10,000 different punks, and as a result, no two punks are alike. In the NFT community, the scarcity of these characters makes them a status symbol, and we predict CryptoPunks’ valuations to remain high.
For more details on this NFT collection, visit the website, Discord and Twitter.
2. Sandbox
Sandbox is an NFT game in which players take on the role of a deity and create their own universe using the game’s ingredients. Users can now monetize their inventions, known as Voxel Assets, and their gaming experiences, known as NFTs, in the game’s blockchain edition. This is a safe NFT project to invest in, as it has over $100 million invested in it.
For more details on this NFT collection, visit the website, Discord and OpenSea to cop the collection.
3. Doodles
Burnt Toast’s Doodles is an NFT collection of 10,000 unique characters on unique colored backgrounds. Like most other NFT collections, it is a community-driven initiative. In addition to minting and scaling value using Doodles assets, this community allows holders to vote for experiences and activations that are paid for by the Doodles Community Treasury.
For more details on this NFT collection, visit Website, Discord and OpenSea to cop the collection.
Conclusion
With the recent wave of BAYC NFT prices going from 0.2 ETH to 100 ETH in 9 months, it might be too late now to join the BAYC club. All you need to do is focus on the NFT collections that are still within your reach and hop in early, so you don’t miss out.
