web statistics The Top 5 Best Coins of Crypto NFT Tokens | TechStoreWorld

The Top 5 Best Coins of Crypto NFT Tokens

In recent years, the digital currency has become more popular than ever. This creates various business opportunities which encompass different forms of digital assets, including crypto NFT Tokens. To put it simply, NFT is a crypto investment product. Its ability to reach a high price mark is one of the reasons why NFT is very popular. So, what is NFT? How can I engage in this digital trend?

What is NFT and how does it work?

NFT or Non-Fungible Token is a digital asset linked to a large blockchain system. NFT encompasses various forms of digital assets, such as artwork, music, games, in-game items, and videos. It is important to note that NFT has a fundamental difference from cryptocurrencies. Cryptocurrency assets can be traded and exchanged, whereas NFT can only be traded.

Its non-exchangeable nature is one of the reasons behind the skyrocketing price of NFTs. On top of that, every NFT asset has a unique implemented code. As a result, the owner who buys the asset is the sole owner of the NFT.

Best NFT coins to invest in 

Like other cryptocurrency assets, the number and types of NFT coins vary greatly. While not as popular as Bitcoin, the demand for NFT coins has started to rise due to the increasing number of NFT assets being traded. So, here are some of the best NFT coins to invest in.

  1. Axie Infinite (AXS)

The NFT AXS is a cryptocurrency in the NFT Axie Infinity game. This Pokemon-like game uses the game’s monster as the crypto NFT tokens, which can be traded with AXS coins. The stronger the monster you breed, the higher it will be valued on the market. Today, the price for an AXS token is around $60.11.

  1. Decentraland (MANA)

Decentraland is a virtual reality world that uses its platform for owners to sell their contents and applications. It is regarded as the best home for investors who want to monetize their content. Hence, the profit value of the MANA coin soared at the beginning of its release. Currently, the price for this coin is around $2.31 to $2.43.

  1. The Sandbox (SAND)

The Sandbox is a decentralized NFT game with NFT Sand coin as its main currency. In this game, you are allowed to build anything you want and sell your creation as an NFT. SAND coins are in great demand because this game is arguably the NFT version of Minecraft. Currently, the SAND price is around $3.12.

  1. ApeCoin (APE)

The Ethereum-based ApeCoins are used within the APE ecosystem, including the Bored Ape Yacht Club. The currency is used as a Web3 community-building incentive. Despite not having a real function, ApeCoin is one of the most highly-valued coins with an $11.55 price point.

  1. Theta Network (THETA)

Unlike the previous coins, THETA is used as a video streaming service. It is one of the best methods for content creators to engage in the world of video streaming. Currently, THETA’s market cap value reaches $3 trillion and $3.43 in the daily market price.

So, those are the brief introductions to crypto NFT tokens and the top five recommendations of the best NFT coins to invest in. Remember, it is the nature of any cryptocurrencies to be volatile. So, be wise when you decide to invest in one of those coins.***

Read Also: Visa’s Move Towards Digital Asset Market