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 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.