Sun, November 10

Top 5 Leading Non-Fungible Tokens (NFT)

Top 5 Leading Non-Fungible Tokens (NFT) Altcoin News
  • Non-fungible tokens (NFTs) have seen fast adoption and evolution throughout 2021.
  • IONX, MONSTA, CGG, NFTX, and COVAL are the leading NFTs.

Non-fungible tokens (NFTs) have seen fast adoption and evolution throughout 2021, evolving different unique projects across industries. 

NFTs are truly smart contracts on a blockchain that help authenticate and trace crypto assets. Moreover, those assets have usually been visual digital artworks, however can be other virtual assets, such as songs or videos. The key difference between the top NFT assets and digital currency is that they cannot be traded or exchanged one-to-one.

The following will list the top trending NTF assets on the crypto market. 

1. Charged Particles (IONX) 

Charged Particles is a protocol which enables users to deposit ERC-20, ERC-721, or ERC-1155 tokens into an NFT. Moreover, a scarce NFT can now be changed into a basket holding a number of tokens. 

According to CoinMarketCap, the IONX price is trading at $2.28 with a 24-hour trading volume of $$3,763,367 at the time of writing.

2. Cake Monster (MONSTA)

Cake Monster token is a hyper-deflationary and elastic supply token which has a unique reserve and reward procedure enhancing an automated hybrid monetary policy. 

According to CoinMarketCap, the MONSTA price is trading at $0.0028 with a 24-hour trading volume of $3,607,639, at the press time.

3. Chain Guardians (CGG)

Chain Guardians explains itself as the first ecosystem which can combine blockchain and superheroes. This is a platform which combines traditional gaming ideas with blockchain technology to allow player-driven economies. 

As per data from CoinMarketCap, the CGG price is trading at $2.28 with a 24-hour trading volume of $26,788,776, at the press time.

4. NFTX (NFTX)

NFTX is a community-owned protocol and platform for developing non-fungible token (NFT)-backed ERC-20 tokens. Notably, NFTX powers the creation and trading of funds, tracking sought-after NFT collectibles like CryptoKitties, CypherPunks, and others.

According to CoinMarketCap, the NFTX price is trading at $249.38, with a 24-hour trading volume of $6,814,908, at the time of writing.

5. Circuits of Value (COVAL)

Circuits of Value (COVAL) is a cryptocurrency and operates on the Ethereum platform.

As per CoinMarketCap data, the COVAL price is trading at $0.0172 with a 24-hour trading volume of $105,573, at the press time. 

Disclaimer: The opinion expressed in this article solely author’s. It is not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.

Cryptocurrency and blockchain tech interest has enticed Carolyna to write for NewsCrypto. She made her personal mission to help non-crypto geeks to understand the technology with ease.