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- 1 NFTs created on Ethereum have emerged as the best option for investors.
- 2 These tokens are giving total creative liberty to the artists and let them do many things.
- 3 At the same time, it is making ownership secure and scalable.
Ethereum is the most scalable crypto protocol. It has so many token standards that allow the creation of diverse tokens. With so many merits, ETH becomes a progenitor of a large number of NFTs too.
This mechanism has brought forth a spectrum of non-fungible tokens with assorted advantages. It emerges as a perfect springboard for developers to materialize their creativity with technological advancements.
NFTs created on Ethereum have performed really well in the markets. The tokens have maintained high volumes, sales and proved to be profitable for their investors. With these tokens, crypto investors can maintain a diverse and lucrative portfolio.
Ethereum NFTs You Should Know About
These NFTs have maintained a good position and have eked profits too.
DeGods
DeGods is a diverse collection of vectors depicting one character in different avatars. Currently, its market cap is 46,038 ETH ($76.44M) and its average price is 5.16ETH ($8,572.94). With uniqueness and great highlights, the NFT has become quite popular among the marketplaces. It is also projecting great possibilities and chances of profits to the investors.
Bored Ape Yacht Club
This rather funky collection has gathered high popularity among NFT users. The artifacts depict a single ape in different avatars. The exclusivity and peppy disposition are two big highlights of this NFT. Its market cap is 2, 85, 467 ETH ($473.73M) and the average price is 28.55 ETH. Since its launch, it has been a coveted collection for market participants.
Mutant Ape Yacht Club
A spinoff of BAYC, this collection is also known for its many highlights. It received a tremendous response from the markets too. The collection is still receiving great feedback from the domain. With a market cap of 1,13, 023 ETH ($187.56M) and an average price of 5.80 ETH ($9.628.26), it’s rocking the niche now. The investors are seeing many merits in it.
Azuki
The classic anime collection with different characters has drawn many eyeballs. It is also performing really well in the markets. Currently, its market cap is 47, 826 ETH ($79.37M), and the average price is 4.78 ETH. It has impressed art collectors as well as investors. It has been built by the community for the advancement of the metaverse.
Pudgy Penguins
The collection depicts penguins in different avatars and has become a favorite of many. The proof-of-ownership protocol streamlines the storage of tokens. Also, it adapts the Web 3.0 structure and fosters artistic freedom and creativity. Its average price is 4.12 ETH ($6830.21) and its market cap is 36,596ETH ($60.7M). It has become one of the sought-after NFTs in this niche.
Conclusion
NFTs built on Ethereum that is totally empowering content creators. Powered by Ethereum, these tokens have so many helpful properties. Users can store them in many types of wallets. They also offer high-grade security along with other attributes. The Ethereum blockchain makes them perfect for trade. These non-fungible tokens come with the best prospects for investors. They become the best choice for investments.
Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
