Non-fungible tokens are unique tokens that have exploded in popularity and sales this year. From digital arts or music to game characters or videos, these digital assets have been sold for millions of dollars.
Each NFTs are different and unique which are typically held on blockchain technology. It paves way for the creators an opportunity to monetize. Additionally, the sale of NFT is direct between the creators and the buyer of NFT which leads them to get more profit. Thus, the adoption of NFT surged exponentially and the popularity of NFT reached heights. Now, let’s dig into the three cheapest NFT tokens which are NFT, RONINGMZ, and SURE.
According to Coinmarketcap, APENFT (NFT), Ronin Gamez (RONINGMZ), and inSure DeFi (SURE) are the three cheapest NFT tokens. As a matter of fact, the NFT sales have been recorded to be in billions this year. The market value that NFT has gained among the investors is huge. Among these NFTs where each unique art is being sold in millions, there are cheap NFTs also available in the market.
Current Market Status
The current price of APENFT is $0.000003751 which has surged over 35% within the last 7 days. Whereas, Ronin Gamez (RONINGMZ) is now trading at $0.002036 which has boomed over 390% within a week. The third NFT on the list is inSure DeFi (SURE) is currently trading at $0.003509 that has risen to 13 .71% in a week.
The hype for NFT and investors falling for NFT artworks is increasing every day. As a result, the sales of NFT just boomed this year. The NFT sales for the first half of this year are over $2.5 billion which seems astounding. Moreover, the well-known digital art “Beeple” was sold for $69 million at the auction house.
However, NFTs are collecting millions of dollars for just one unique art. They are not only in the form of art, NFTs are also in the form of images, videos, game items, and video games. Furthermore, at one point the price value of NFT might surge in no time which may result in high profit for the buyer. As NFTs are the trend in the market the demand is and its adoption is getting high.
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