![10 NFT Tools for Analyzing and Trading NFTs in 2024](http://media.assettype.com/analyticsinsight%2Fimport%2Fwp-content%2Fuploads%2F2024%2F02%2F10-NFT-Tools-for-Analyzing-and-Trading-NFTs-in-2024.jpg?w=480&auto=format%2Ccompress&fit=max)
With the ever-growing crypto market and blockchain, the most popularly used case is NFTs. NFTs are non-fungible tokens. NFTs are cryptographic assets that contain unique identification codes distinguishing them from each other making each one unique. NFTs are digital assets and can also be represented as real-world assets such as real estate and artwork. It is a revolution in the crypto sector and digital ownership. NFTs that are rarely found are considered to be valuable and so people try to find out whether the NFTs they have are rare or not. It is crucial to research the NFT before investing in the NFT market. One of the common ways to research NFT is to research about it on platforms like Twitter, YouTube and Discord.
Oxalus is an NFT analytics platform, where NFT projects like free minting NFTs and the hidden-gem NFTs from multi-chain can be found. The platform provides in-depth information about the NFT by providing market space, total supply, and price and also analyze the community score and engagement rate. You can access the platform by logging in with a Oxalus ID where you can use NFT tools and NFT wallets.
Another tool to track NFT is NFT OnChained, the platform uses machine learning to estimate the current fair value of NFTs. The factors that are considered for estimating the price of NFT are NFT rarity, market trends and market data. The key feature of NFT OnChained is Screener which shows a list of the current most underpriced NFTs across all the tracked collections.
BitDegree helps to get an insight and analyze all the NFT collections in the market. BitDegree has been tracking 357 different NFT collections from 3 protocols. These collections are spread across 58 different NFT market places. BitDegree provides you an analysis of the top NFT collections that are growing in the market.
Moby is an effective and efficient NFT tracking platform. This tool offers fastest real-time NFT data and help in the NFT investors to take right decisions. Investors can make faster investment decisions with the help of moby as it has shorter window periods of 10 minutes or 60 minutes.
This NFT tracking tool provides all the essential information about the top NFT collections. Crypto.com also provides updates about the upcoming projects to invest in. The users can find the asset value, minting price and more details about the NFT collections.
Rarity.tools helps in tracking and examining the rarity of the NFT, which is an important factor in determining the value of NFT. This tool provides a rarity score of NFT. This helps to determine how worthy the investment is.
OpenSea is one of the popular NFT tracking tool for selling, buying and trading. It is an all-in-one platform that has a robust ecosystem. As a tracking tool OpenSea helps to analyze your digital art investments and show ways to improve your investment.
Icy.tools has a user-friendly interface making it easy for performing NFT analysis. This tool provides the floor price, volume and average price of the NFT.
This platform keep a track of all the upcoming NFT drops. It keeps you updated about all the future NFT drops but also about the giveaways and sales of NFTs. It also lets users to submit their NFTs for sale in the platform.
DappRAdar is a go-to-site for monitoring NFT collections. They also introduced portfolio tracker in the year 2020 for monitoring Ethereum wallets in real-time.
Besides, if you are a beginner, it is important to keep a track on the NFT trends and not to miss out on any trending NFTs in the market. Through tracking you will be able to understand the worthy NFT investments.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.