Some NFT collections are so ubiquitous that they already exist in the collective unconscious. Some others are not known to the public. Why is an NFT-collection valuable? Market capitalization refers to the total value of a collection based on the size of each piece and its potential market value. In the case of NFTs, it’s hard to pinpoint, because it’s a volatile market with lots of action all-day-every-day.
Choosing the most important #NFTsCollections is definitely difficult.
A matrix entitled “Most Valuable NFTs Collectors” was created. It shows 20 of the most important collections, ordered by market capitalization.
Access this data for free here: https://t.co/wXJyMCmRBD pic.twitter.com/PyzbPMDKCk
— IntoTheBlock (@intotheblock) April 21, 2022
When IntoTheBlock presented their list, they presented it by saying, “Agreeing on which are the most valuable NFTs collections is certainly hard.” Besides market capitalization, the “These are the Most Valuable Collections of NFT” list tracks number of owners, volume trade, average price, and number of sales. All of those stats are pretty common when discussing NFTs, but it’s certainly helpful to have them all on an interactive database.
The page also displays useful graphs that put everything into perspective like “All-time Most Traded Collections,” “Collections With Most Unique Owners” and “Booming NFT Collections.” With that being said, let’s dive into each of the collections in the Top 10 and give some insight about them.
#1 NFT Collection: Bored Ape Yacht Club
The BAYC is currently the most valuable NFT collection, surpassing Cryptopunks. It isn’t surprising since the Bored Apes have become a part of mainstream culture. You can find more information at www.on. Visit their official website, they describe themselves as “A limited NFT collection where the token itself doubles as your membership to a swamp club for apes. You are welcome to join the club! Ape in with us.”
As with most successful products, the Yuga Labs creation doesn’t come without It has been the subject of some controversy..
#2. Cryptopunks
Although they may not be the originals, Cryptopunks were certainly the ones who popularized the NFT movement. They were initially free to be made. The average price of a mint is now 76.64 ETH. The average price is 76.64 ETH. Their official website, they describe themselves as “The Cryptopunks are one of the earliest examples of a “Non-Fungible Token” on Ethereum, and were inspiration for the ERC-721 standard that powers most digital art and collectibles.”
Recent creations The entire collection was soldYuga Labs. Of course, Controversy followsThey are also working on this project. And, they’re also on their way to mainstream adoption.
Source : BTC/USD at TradingView.com| Source: BTC/USD on TradingView.com
#3 NFT Collection: Mutant Ape Yacht Club
They were at first free. The idea was to reward BAYC Members. Owners received an airdrop of “Mutant Serum,” using it they could mint a mutant version of their ape as a completely new NFT. Today, it is priced at 32.99 ETH. They don’t have an official site, but this is the NFT collection’s Open Sea page. You can see that it is on the list. This collection continues to be popular..
#4 CloneX
The collaboration between legendary Japanese artist Takashi Murakami and “digital artifacts” creator RTFKT is a success like no other. It might be due to Nike’s recent acquisitionCompany. The NFT collection ’s official site doesn’t describe itself, but NFT News does, “CloneX NFT collection is not only equipped for the Metaverse and features high-end avatars, but also marks the beginning of a community-focused environment ”
#5 NFT collection: Moonbirds
Moonbirds NFT collection is the newest addition to the group. Their official site describes them as, “a collection of 10,000 utility-enabled PFPs that feature a richly diverse and unique pool of rarity-powered traits.” Since they’re so new, they’re easily beating all of the other collections in number of daily sales. They are, of course, not the only ones selling. NewsBTC teamIt has been Reporting the storyIt happens.
Other NFT collections in the Top 10: Azuki, Sandbox’s LANDs, Doodles, Veefriends, and Meebits.
Featured image: The most valuable listCharts created by TradingViewtaken from this tweet | Charts by TradingView