Top 6 Collectibles & NFTs Tokens this week by Market Capitalization
Table of Contents
In the realm of digital ownership and creative expression, Non-Fungible Tokens (NFTs) have gained immense popularity. NFTs are unique digital assets that represent ownership of a specific item or piece of content, like art, music, videos, or virtual real estate. Unlike cryptocurrencies such as Bitcoin or Ethereum, NFTs are indivisible and each carries its own distinct value.
In this article, we’ll explore the top 6 NFTs based on market capitalization, delving into their unique attributes.
According to Coinmarketcap, a popular Crypto price tracking platform, the market cap of NFTs is $14, 427,353,257 with a trading volume of $1,143,778,548.
Related: A Comprehensive Guide To NFTs
top 6 NFTs this week
1. INTERNET COMPUTER (ICP) 13.59% decrease since last week
PRICE: $3.49
MARKET CAP: $1,537,645,022
VOLUME (24H): $18,194,728
TOTAL SUPPLY: 503,933,733 ICP
The Internet Computer adds autonomous serverless cloud functionality to the public internet. The Internet Computer is created by ICP, which is the most advanced network protocol ever devised. ICP enables people to build Web3 services and enterprise systems directly on a public decentralized network, which scales even to hosting social networks and media streaming.
2. AXIE INFINITY (AXS) 18.60% decrease since last week
PRICE: $4.87
MARKET CAP: $685,704,529
VOLUME (24H): $22,019,564
TOTAL SUPPLY: 270,000,000 AXS
Axie Infinity is a virtual world filled with cute, formidable creatures known as Axies. They can be battled, bred, collected, and even used to earn resources & collectibles, where players have complete ownership of their digital assets and can buy, sell, and trade them just like physical trading cards and collectibles.
3. IMMUTABLE (IMX) 15.52% decrease since last week
PRICE: $0.5996
MARKET CAP: $673,797,034
VOLUME (24H): $16,064,312
TOTAL SUPPLY: 2,000,000,000 IMX
Immutable X is the first layer two (L2) scaling solution for non-fungible tokens (NFTs) on the Ethereum blockchain, with instant trading, massive scalability, and zero gas fees for minting and trading. Immutable Ecosystem, includes Games, Marketplaces, and Partners that can help you launch and grow your own game.
Also read: Best NFT Marketplace
4. THE SANDBOX (SAND) 18.69% decrease since last week
PRICE: $0.3267
MARKET CAP: $672,209,701
VOLUME (24H): $69,086,816
TOTAL SUPPLY: 3,000,000,000 SAND
The Sandbox team is a unique virtual world where players can build, own, and monetize their gaming experiences using SAND, the utility token of the platform. Users can build games for the metaverse for free without any coding knowledge and can also create and animate their own voxel-based NFTs which can be sold on the Sandbox’s marketplace.
5. STACKS (STX) 17.58% decrease since last week
PRICE: $0.4802
MARKET CAP: $671,985,111
VOLUME (24H): $19,872,639
TOTAL SUPPLY: 1,818,000,000 STX
Stacks is used for creating smart contracts and building decentralized applications on Bitcoin with the Stacks layer. Users can earn BTC by participating in the consensus through stacking. Developers can build powerful apps and smart contracts, secured by Bitcoin.
6. TEZOS (XTZ) 11.75% decrease since last week
PRICE: $0.702
MARKET CAP: $666,551,249
VOLUME (24H): $13,788,625
TOTAL SUPPLY: 970,494,543 XTZ
Tezos is an open-source platform that addresses key issues facing blockchain adoption for assets and applications. Users can directly interface with each other over a decentralized network, exchanging value and interacting with various applications, without the need for intermediaries.
Also read: NFT Gaming Tokens Explained
As the NFT ecosystem continues to evolve, it presents both opportunities and challenges, inviting individuals and industries to explore the potential of blockchain technology in transforming the way we perceive, buy, and own digital assets. With NFTs becoming an integral part of our cultural and digital landscape, the future promises continued innovation and exploration in this exciting space.
Crafting a Profitable Crypto Portfolio: Proven Strategies in 2023
In the ever-evolving landscape of cryptocurrencies, building a well-rounded and lucrative crypto portfolio requires careful planning, research, and adherence to proven tactics. Here’s a comprehensive guide on creating a crypto portfolio that maximizes profits while minimizing risks. Strategies for a profitable Crypto Portfolio 1. Diversification: The major element in the crypto portfolio is diversifying your…
Top 5 Cryptocurrency Losers of the Week
In the fast-paced world of cryptocurrencies, price fluctuations are commonplace. This week saw some significant losers in the market. As the crypto market is highly volatile, today’s losers might become tomorrow’s gainers, emphasizing the need for a diversified investment strategy and risk management. The market cap of crypto is $1.05T which was down by 1.28%…
What is a Crypto Whale and How They Impact the Crypto Market in 2023
The world of cryptocurrencies is a dynamic and ever-evolving landscape, with various participants shaping its course. Among these participants, there are individuals and entities known as “whales” that wield significant influence over the market. In this article, we’ll delve into the concept of cryptocurrency whales, exploring their role, strategies, and impact on the cryptocurrency market….
CRYPTO NEWS: BITCOIN BTC PLUNGED 11% SINCE LAST WEEK
Bitcoin, the pioneer, and the most popular cryptocurrency is drowning in bearish since last week. The cryptocurrency market is tumbling and other popular cryptos like Ethereum, BNB, XRP, Cardano, Dogecoin, Solana, Polkadot, Polygon, Shiba Inu, and Avalanche are also facing the same heat. Meanwhile, the US Stock exchange is also facing experiencing a downtrend for…
Top 6 Collectibles & NFTs Tokens this week by Market Capitalization
In the realm of digital ownership and creative expression, Non-Fungible Tokens (NFTs) have gained immense popularity. NFTs are unique digital assets that represent ownership of a specific item or piece of content, like art, music, videos, or virtual real estate. Unlike cryptocurrencies such as Bitcoin or Ethereum, NFTs are indivisible and each carries its own…
Crypto Week at Glance: Top 5 Crypto Gainers as of August 18
The recent week in the cryptocurrency market has witnessed a notable downturn, resulting in substantial losses across a range of digital assets. This decline in prices has undoubtedly caused a sense of panic among investors, and enthusiasts, highlighting once again the inherent volatility of cryptocurrencies. Also read: What is a Cryptocurrency? In light of these…
