Top 5 NFT Coins
Knowing what are the most popular coins of the NFT market, where there are many investors and communities, will be beneficial when investing in the following years. First, I do not include networks with NFTs (ETH, SOL, AVAX, BNB). These coins are in the NFT category on a project basis.
- Decentraland (MANA)
MANA, which I also mentioned in the Metaverse section, is a coin I want to talk about because it includes NFT in one area of the project. They take place in this field with their deep studies on the evaluation of characters, clothes, all products that can be passed as items in the metaverse as NFT. The 85% decrease from the ATH value ($5.90) may offer a good buying opportunity to the long-term investor. Instant value $0.83
- ApeCoin (APE)
One of the most popular coins of 2022, APE is a coin belonging to the most popular NFT project. ApeCoin is a decentralized project inspired by Yuga Labs’ Bored Ape Yacht Club project. If you are thinking about the continuation of the future in the field of NFT, it is not difficult to predict what kind of potential and progress APE will have. The coin, which entered the major exchanges at $1, in a very short time, saw $39.40 ATH in less than a month. While it’s currently worth $4.31, it has a large community that will close the 89% drop very quickly.
- Axie Infinity (AXS)
In fact, although the game is a token, it functions as an NFT with different features and strengths. We will see the rapid rise of AXS when a big new project arrives in the Game-Fi trend. It has dropped 91% from ATH and it won’t be long before that trend comes back. Instant $14.03
- Gala Games (GALA)
Gala Games is a second Game-Fi token in the text. It aims to transform the gaming industry by giving users control over the games. Gala Games has set its main goal as producing blockchain games that users “really want to play.” In addition to purchasing NFTs created specifically for games, Gala Games also uses its own utility token, GALA. Since its launch in 2019, Gala Games Games reached 1.3 million monthly active users and sold 26,000 NFTs. The most expensive piece was worth $3 million. Instant value $0.05248
- STEPN (GMT)
The most trending project and coin of the last 3 months. By switching from Play2Earn to Move2Earn, a huge investment has attracted users. Users buy NFT sneakers, which they can use to earn in-game currency while walking, running, or jogging.
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STEPN aims to revolutionize the market of fitness applications by incentivizing millions of users to follow a healthier lifestyle. The app solves several problems like “proof of movement” — proving that users really exercised — and a functioning GPS system. Moreover, STEPN incentivizes users financially and plans to introduce social rewards elements and successfully contributes to carbon neutrality. Although the project first entered through the SOLANA network, with the increase in users over time, it tried to attract people to different networks and networks where they could earn more. After that, it first entered the BNB network, and will soon enter the ETH network. The token GST chart, which you earn as you walk, has followed a very different path from the project’s coin in terms of valuation. Current value of $80.83, ATH value of $4.11 (80.39%)
It is important to look at the general trend as a fundamental analysis while investing. Afterwards, after determining a coin from each trend and examining and evaluating its project, I think it is a logical time to start investments in this period. Let’s say good reading and good investments :)
