Which are the best NFTs to invest in?
If you’re researching how to invest in non-traditional financial instruments, it’s crucial to understand the top assets available to investors. Here are five of the best NFTs to look out for, and the reasons they are sought after.
You may see CryptoPunks mentioned often when exploring how to invest in NFT artwork.CryptoPunks was one of the first NFT collectibles, originally launched in 2017. However, with the rise of the NFT craze, these “punks” were seen as premium assets due to their “preemptive” status – and many have since been sold for millions of dollars.
2. Boring Ape Yacht Club
The Bored Ape Yacht Club is a collection of 10,000 NFT artworks depicting bored apes. Although the collection was launched with a low profile, these “apes” were seen as a status symbol and many celebrities and high profile names were involved. At the time of writing, sales of the Bored Ape Yacht Club NFT have topped $1 billion thanks to investments by the likes of Eminem and Snoop Dogg.
Mythia is a collection worth adding to your NFT calendar, as the collection includes 3,333 unique pieces of artwork showcasing cyberpunk and anime characters. However, Mythia’s appeal comes primarily from the added benefit of all owners having access to an exclusive Discord server to discuss the upcoming NFT drop with great potential. Owners also have access to a suite of software tools to streamline the NFT investment process.
Embers is another collection worth considering for those looking to start investing in NFT. Like many other collectibles, Embers NFTs are seemingly simple works of art, each containing unique features and aesthetics. The collection will be released soon, with a total of 5,555 NFTs up for grabs and a stellar roadmap for the future.
5. Pudgy Penguins
Finally, Pudgy Penguins is a collection of 8,888 randomly generated “penguins” that investors can purchase and display as their profile picture. The series launched in July 2021 and since then, trading volume has totaled more than $140 million. While these penguins cost just 0.03 ETH at the time of minting, certain penguins have sold for huge amounts – one was sold for over $450,000