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The last couple of years have been quite interesting for the NFT market. A lot of investors had shown an immense inclination toward these amazing NFT tokens. The reason for the increase in popularity of NFTs can be attributed to their utility which takes them beyond a piece of digital artwork and makes the purchase an experience. What are you waiting for? Keep reading to know which are the top 5 NFT tokens by Value and market Cap
Volume: 1,891.66 ETH
Market Cap: 223,605.36 ETH
Mutant Ape Yacht Club, an NFT collection derived from Bored Ape Yacht Club was created by the Yuga Labs team. It consists of 20,000 Mutant Apes. The objective is clear – reward Bored Ape Yacht Club holders. Apart from this, yet another reason to invest in this club is the fact that the project comes from a well-known team and already has an established active community.
Volume: 1,006.55 ETH
Market Cap: 511,473 ETH
Bored Ape Yacht Club, often colloquially called Bored Apes, Bored Ape or BAYC, is a non-fungible token collection built on the Ethereum blockchain. The collection features profile pictures of cartoon apes that are procedurally generated by an algorithm. The parent company of Bored Ape Yacht Club is Yuga Labs.
Volume: 781.36 ETH
Market Cap: 151,437 ETH
Azuki is inspired by anime – something much anticipated in the NFT space – and stands out for having beautiful art, variety and rarity in the collection, extensive and easy navigability on the project website, and plenty of community engagement.
Volume: 494.72 ETH
Market Cap: 131,652.17 ETH
Wrapped Cryptopunks is an Ethereum-based project. It's built for any CryptoPunk holders and enthusiasts. Wrapped Cryptopunks allows you to convert your CryptoPunks into ERC-731 tokens. This, in turn, lets you trade and exchange them for ETH. This can be done on popular NFT platforms, such as OpenSea or Rarible.
Volume: 252.44 ETH
Market Cap: 658,167 ETH
CryptoPunks is a non-fungible token collection on the Ethereum blockchain. The project was launched in June 2017 by the Larva Labs studio, a two-person team consisting of Canadian software developers Matt Hall and John Watkinson.
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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.
