If you are aiming to become part of the cryptocurrency sector, then you must know it has several segments to offer. There are many spaces that have been introduced within the cryptocurrency sector. If you are new to the sector, then you can go for the one that is the most profiting and highly lucrative.
If you want to become part of the NFT world, then you have to make the right choice and choose the right non-fungible tokens. If you want expert opinion, you can keep reading the information provided below by Ido Fishman, an NFT expert. He has been monitoring and analyzing the NFT sector very closely. He has listed some of the best non-fungible tokens that you can invest in and get to increase your returns.
Flow has recently climbed the top spot in the NFT sector being the largest non-fungible token in terms of valuation. The overall ranking of Flow in the entire cryptocurrency sector is 31, which is again in terms of the market capitalization ($2,577,596,572).
Flow protocol works as a platform that the new/old developers can use to their benefit. Through the platform, developers can develop games, digital, applications, and so much more.
At the time of writing, the Flow is trading at $2.51 and the trading volume it is witnessing is worth $72,717,994.
As per Ido Fishman, this is one of the most promising and highly adopted non-fungible token. It is also considered a utility token in the ApeCoin ecosystem. It is a creation of Yuga Labs, which is behind the creation and launch of several NFT artwork collections. These artworks BAYC, Otherside, and MAYC, and you can purchase an artwork from the collection using ApeCoin. Yuga Labs is also selling lands in the metaverse that you can buy through APE.
ApeCoin currently ranks as the 2nd largest NFT space with respect to $1,895,201,394 market valuation. ApeCoin’s 24-hour trading volume is over $531 million, which is a great amount. In the crypto-verse, ApeCoin currently trades at a price of $6.56.
Decentraland is one of the most successful non-fungible tokens that was adopted by the cryptocurrency investors back in early 2021. That was the time when the non-fungible token space actually picked up the pace. From there, Decentraland has become one of the hottest topics even in the NFT news.
Decentraland offers a metaverse environment where people are allowed to own and rent virtual properties and estates. In the Decentraland world, people get to see their lands and receive non-fungible tokens, which they can liquidate and are making millions.
The utility token within the Decentraland environment is MANA. It currently ranks as the 3rd largest NFT in the entire NFT sector and also ranks as the 35th largest cryptocurrency in the entire crypto-verse.
MANA’s market valuation currently stands at $1,836,461,687 and it records a 24-hour trading volume of around $477.30 million. The trading price of Decentraland is worth $1.01 and it has a very high potential of growing stronger in future.
Tezos is one of the most advanced and self-evolving protocols ever launched within the cryptocurrency industry. The protocol has the ability to evolve itself based on the requirements and the utility. This way, the protocols literally avoids having to place any hard forks to deal with the problems.
Major cryptocurrencies and blockchain networks such as Ethereum and Bitcoin have faced several major issues. To deal with such issues, even Ethereum and Bitcoin had to implement hard forks such as ETH 2.0 and Lightning Network.
As for Tezos, it keeps evolving on its own and keeps driving the network without any stoppages or obstructions.
The trading price of Tezos currently hovers around $1.92. It has a total market capitalization that is worth $1,700,760,784. The total trading volume Tezos offers for a 24-hour time period is worth $151,058,008. In the NFT sector, it ranks as the fourth largest cryptocurrency and overall, it is the 37th largest cryptocurrency.
If you want more NFT News and updates, you can re-visit any time you want and Ido Fishman will have more to share with you from the NFT world.