Aside from cryptocurrencies, popular NFTs, or popular non fungible tokens, are another digital asset that has grown (and continues to grow) in popularity among investors. Fungible items can be easily swapped or transferable, whereas non-fungible items, such as original paintings, have unique features that make them difficult to exchange. NFTs are considered as the digital equivalent of collectibles, or “one-of-a-kind” digital assets that have no physical form but may be purchased and traded like any other item in the digital and crypto worlds. Furthermore, NFTs aid in the creation of a digital certificate of asset ownership, and the buyer’s possession of these tokens serves as proof that he or she owns the “original” work. Let’s look at ten of the most popular NFT protocols and tokens.
The Top 10 Most Popular NFT Tokens
To rank the top popular NFT tokens, we used coinmarketcap.com’s market cap (as of August 26). The top ten NFT protocols and tokens are as follows:
- The Sandbox (SAND, $595 million)
- WAX (WAXP, $638 million)
- DigiByte (DGB, $927 million)
- Flow (FLOW, $1,212 million)
- Decentraland (MANA, $1,574 million)
- Enjin Coin (ENJ, $1,578 million)
- Chiliz (CHZ, $2,110 million)
- Axie Infinity (AXS, $4,291 million)
- THETA (THETA, $6,951 million)
5 Popular NFT Crypto Coin Protocols By Market 2021
The world of digital art and collectibles is being exchanged by the most popular NFTs token. Massive sales to a new crypto-audience are transforming the life of digital artists. Celebrities are hopping on board as well, seeing it as a fresh method to engage with their fans. Digital art, on the other hand, is just one application of NFTs tokens. They can be used to show who owns a one-of-a-kind asset, such as a digital or physical deed.
9 Popular Non Fungible Token Projects
While the potential for NFTs to revolutionise gaming, collectibles, digital art, and other industries is still being explored, OKEx Insights looks at the top nine NFT protocols by total sales and volumes across a variety of categories, including collectibles, virtual worlds, gaming, art, and domains. This article focuses on the nine Most Popular NFT Tokens below:
- NBA Top Shot
- Ethereum Name Services
Famous 10 NFT Protocols Listed By Market Capitalization
This page lists the top NFT protocols and tokens. They are listed by market capitalization with the most valuable first and then in descending order.
|NFT Name||Price||Market Cap||Volume(24h)||Circulating Supply||Last 7 Days|
|Axie Infinity||6,108,558 AXS|
|Enjin Coin||110,586,960 ENJ|
|The Sandbox||1,062,040,069 SAND|
|Origin Protocol||51,843,703 OGN|
|Smooth Love Potion||1,605,106,474 SLP|
|Yield Guild Games||6,091,894 YGG|
|Alien Worlds||492,972,406 TLM|
|Ethernity Chain||1,639,004 ERN|
|Terra Virtua Kolect||84,018,802 TVK|
|Wilder World||2,932,824 WILD|
|Decentral Games||14,285 DG|
|inSure DeFi||26,050,152 SURE|
|Dego Finance||3,968,224 DEGO|
|RedFOX Labs||35,226,878 RFOX|
|Vulcan Forged PYR||293,229 PYR|
|Dvision Network||12,195,257 DVI|
|FIO Protocol||31,733,174 FIO|
|Efinity Token||6,139,146 EFI|
|Boson Protocol||2,441,047 BOSON|
|Atari Token||57,684,625 ATRI|
|Polychain Monsters||17.62||47.66%||$59,319,150||3234372||3,367,321 PMON|
5 Best & Popular NFT Tokens To Buy
1. Enjin Coin (DEFC)
2. Theta (THETA)
3. Chiliz (CHZ)
4. Decentraland (MANA)
5. Tezos (XTZ)
If you’re a value investor trying to buy one of the popular NFT tokens cheaply and sell them for a profit, Tezos is the way to go.
Tezos’ promise is worth investigating, despite its price being a little greater than some of the others. Tezos is based on smart contracts and serves similar services to Ethereum. It is, however, more advanced, allowing it to scale without resorting to a hard fork if the need arises.
Popular NFT Token List by Trading Volume
Digital assets with distinct properties are referred to as popular non-fungible tokens (NFTs). Each NFT asset is separate from the others, unlike bitcoin, ethereum, or other fungible tokens that can be traded with one another. Art, trade cards, game items, land titles, and other goods are examples of NFTs in the real world.
|2||Mutant Ape Yacht Club||15||Gauntlets|
|3||Bored Ape Yacht Club||16||Koala Intelligence Agency|
|5||The Doge Pound||18||Hashmasks|
|6||Creature World||19||The Wicked Craniums|
|7||The Currency||20||Tom Sachs Rocket Components|
|8||Adam Bomb Squad||21||Animetas|
|9||0N1 Force||22||Light Super Bunnies|
|10||World of Women||23||Dark Super Bunnies|
|12||PudgyPenguins||25||Ready Player Cat NFT|
|13||Treeverse||26||Purrnelopes Country Club|
How Is an NFT Different from Cryptocurrency?
The term “non-fungible token” refers to a token that is not fungible. It’s usually programmed in the same way as cryptocurrencies like Bitcoin or Ethereum, but that’s where the similarities end.
Physical money and cryptocurrencies are both “fungible,” which means they may be traded or exchanged for each other. They’re also worth the same amount: one dollar is always worth another dollar and one Bitcoin is always worth another Bitcoin. The fungibility of cryptocurrency makes it a secure way to execute blockchain transactions.
NFTs aren’t like other materials. Each contains a digital signature that prevents NFTs from being substituted for or compared to one another (hence, non-fungible). Simply because they’re both NFTs, one NBA Top Shot clip isn’t the same as EVERYDAY. (For that matter, one NBA Top Shot footage isn’t necessarily equal to another NBA Top Shot clip.)
How much are Popular NFTs worth?
In theory, anyone can tokenize their work and sell it as an NFT, but recent headlines about multi-million-dollar purchases have piqued attention.
An animated Gif of Nyan Cat, a 2011 meme of a flying pop-tart cat, sold for more than $500,000 on February 19th.
Grimes sold some of her digital paintings for more than $6 million a few weeks later.
Art isn’t the only thing that is tokenized and sold. With bids reaching $2.5 million, Twitter CEO Jack Dorsey has sponsored an NFT of the first-ever tweet.
Christie’s auction of a digital artist Beeple’s NFT for $69 million (£50 million) set a new high for digital art.