4 Most Popular NFT Coins & How to Buy Them
During the past few months, NFTs or ‘non-fungible tokens’ have gained massive popularity in the cryptocurrency markets, metaverse, and blockchain technology. NFTs guarantee ownership of unique digital assets, and NFT coins have been a major source of trading the NFTs in the crypto market. These coins are also actively promoting NFTs as they support the formation, transactions, and economy in the metaverse. NFT tokens are a medium of exchange and staking rewards, as well as an in-game currency.
Scroll through the blog to find out the most popular NFT coins available on Binance and how to buy them:
1. Axie Infinity
The NFT characters in the blockchain-based trading and combat game Axie Infinity are called Axies. The Axie universe's native governance token is called AXS. If they stake their tokens, play, or take part in significant governance votes, AXS holders can earn prizes. In the Axie NFT market, AXS will be accepted as the only currency. As of June 30, 2022, Axie Infinity (AXS) is worth $14.98 and has a $1.23 billion market cap.
2. SAND in the Sandbox
SAND is the main utility token and means of exchange in The Sandbox ecosystem. With SAND, users can own, create, and monetize their gaming experiences. Users can earn Sand through gameplay and use them to play games, buy equipment, or personalize their avatars. SAND is worth $1.29 with a market cap of $1.37 billion.
3. Decentraland MANA
Decentraland (MANA) is a virtual reality real estate platform that enables users to produce, utilize, and make money from applications and content. On Decentraland, players can purchase LAND NFTs and other virtual items using MANA. The developers of Decentraland can also employ MANA to reward virtual attractions like theme parks and experiences. The Decentraland marketplace accepts MANA tokens as payment for various avatars, wearables, names, and other items. MANA is valued at $0.89 and $1.62 billion market cap.
Enjin is software that developers can use to construct and manage virtual commodities on the Ethereum blockchain. Enjin can help decrease the exorbitant costs and fraud that have plagued the transfer of virtual in-game goods and collectibles by leveraging blockchain technology to handle in-game items across numerous sites. Enjin is worth $23.52 and has a $238.92 million market cap.
Want to learn more about NFTs and cryptocurrency? Urban Crypto has everything you need to know about cryptocurrency on a single platform. Go through our beginners’ guide for cryptocurrency, Coinbase, and Binance, or follow crypto and Bitcoin updates.
Sign up for free today to get the latest news and to start making money online with Bitcoin.
This post may contain affiliate links, meaning I get a commission if you decide to make a purchase through my links at no cost to you. Please read my disclosure for more info. Clicking any of the links on this website does not increase the cost or affect the price for any item you purchased. Our main purpose is for informational purpose and not for just earning 🙏
Things to avoid while trading crypto
TOP 50 COMMON MISTAKES
NEWBIES MAKE THAT CAN BE AVOIDED!