- CoinMarketCap has introduced a classification system for non-fungible tokens (NFTs).
- The top five NFTs include DeGods, BoredApeYachtClub, MineablePunks, MutantApeYachtClub, and Dreadfulz.
- The classification system considers price fluctuations within the last 24 hours.
CoinMarketCap, a leading platform for cryptocurrency data aggregation, has implemented a classification system for non-fungible tokens (NFTs) based on their price performance. This classification considers the price fluctuations of both NFT collections and individual assets within the last 24 hours. As per CoinMarketCap’s latest rankings, the top five NFTs in this category include DeGods, BoredApeYachtClub (BAYC), MineablePunks (mpunks), MutantApeYachtClub (MAYC), and Dreadfulz.
DeGods
DeGods, an NFT collection comprising 10,000 unique pieces, was initially developed on the Solana blockchain but has since transitioned to Ethereum. This profile picture-style NFT collection showcases a variety of unique attribute combinations generated through algorithmic processes. According to data from CoinMarketCap, DeGods has seen a trading volume of 1,943.17 ETH in the last 24 hours and boasts a projected market capitalization of 64,749.77 ETH.
BoredApeYachtClub (BAYC)
The BoredApeYachtClub (BAYC) is a unique collection of NFTs built on the Ethereum blockchain, serving dual purposes as a digital art collection and a gateway to an exclusive online club. The collection comprises 10,000 distinct NFTs, each represented by a uniquely designed cartoon ape profile picture. According to CoinMarketCap, BAYC’s trading volume over the past 24 hours is 1,107.72 ETH, contributing to its estimated market capitalization of 299,315 ETH.
MineablePunks (mpunks)
MineablePunks, a unique category of Ethereum-based Non-Fungible Tokens (NFTs), are created utilizing cryptopunk assets entirely on-chain. These NFTs are exclusively mineable, with the complexity of mining escalating as the number of minted mpunks rises. As per CoinMarketCap data, mpunks has seen a trading volume of 900.01 ETH in the last 24 hours. The estimated market capitalization of this collection stands at 64.28 ETH.
MutantApeYachtClub (MAYC)
The MutantApeYachtClub (MAYC) is a derivative project of the BoredApeYachtClub, both built on the Ethereum blockchain. The MAYC boasts a collection of 20,000 unique non-fungible tokens (NFTs). Creating a MAYC NFT involves either the exposure of an existing Bored Ape NFT to a separate NFT collection known as the “Mutant Serum” or minting a Mutant Ape during a public sale. According to data from CoinMarketCap, the trading volume for MAYC over the last 24 hours was 769.99 ETH, and the project’s estimated market capitalization stands at 115,571.03 ETH.
Dreadfulz
Dreadfulz, a collection of 7,777 nefarious NFTs, operates on the Ethereum blockchain. Ownership of Dreadfulz NFTs offers the advantage of staking to accrue DREAD, the native utility token within the Dreadfulz ecosystem. As per CoinMarketCap data, the trading volume of Dreadfulz in the last 24 hours reached 762.77 ETH, giving it an approximate market capitalization of 68.44 ETH.