The French developer of the Mutant Ape Planet NFT collection faces up to five years in prison after pleading guilty to wire fraud charges.
Nifty News: Adidas unveils resident Web3 artists, Mutant Ape sells for 500 ETH and more…
Yuga Labs is gearing up to launch a new game in the Otherside metaverse, but its not 3D, while NFT trading volume for NFL All Day pumped 570% over the past seven days.
Google Ads-delivered malware drains NFT influencer’s entire crypto wallet
A sponsored advertising link on Google hid malware that siphoned thousands of dollars worth of crypto and NFTs from an influencer’s wallet.
NFT influencer falls victim to cyberattack, loses $300K+ CryptoPunks
They appear to have authorized a malicious DApp to transfer their tokens, leading the assets to be drained immediately.
Nifty News: Napoleon Dynamite cast reunites in Web3 animated series, Sega’s blockchain game and more
An NFT collector borrowed 1,044 ETH against two MAYC NFTs just to purchase another MAYC NFT for 1,000 ETH, and Sega is set to drop its first blockchain game.
ApeCoin price breakout stalls after $2.4M BAYC NFT robbery — What’s ahead?
APE price now risks crashing by almost 20% from April 26’s price, based on its rising wedge pattern.
The Top 5 Most Valuable NFT Collections And A Tool To Track Them Down
Some of these NFT collections are so ever-present that they are already part of the collective unconscious. Others, the general public has not even heard about. What makes an NFT collection valuable? Market capitalization is the potential value of the whole collection, based on its size and the value of the individual pieces. In the case of NFTs, it’s hard to pinpoint, because it’s a volatile market with lots of action all-day-every-day.
Agreeing on which are the most valuable #NFTs collections is certainly hard.
We created a matrix called "Most Valuable NFTs Collections" and it shows the 20 most valuable collections, sorted by their market capitalization.
Access this data for free here: https://t.co/wXJyMCmRBD pic.twitter.com/PyzbPMDKCk
— IntoTheBlock (@intotheblock) April 21, 2022
When IntoTheBlock announced their list, they presented it by saying, “Agreeing on which are the most valuable NFTs collections is certainly hard.” Besides market capitalization, the “Most Valuable NFT Collections” list tracks number of owners, volume trade, average price, and number of sales. All of those stats are pretty common when discussing NFTs, but it’s certainly helpful to have them all on an interactive database.
The page also displays useful graphs that put everything into perspective, like “All-time Most Traded Collections,” “Collections With Most Unique Owners” and “Booming NFT Collections.” With that being said, let’s dive into each of the collections in the Top 5 and give some insight about them.
#1 NFT Collection: Bored Ape Yacht Club
At the moment, the BAYC surpassed the all-powerful Cryptopunks as the most valuable NFT collection. This is not surprising, since the Bored Apes became part of popular culture and are on their way to becoming mainstream. On their official site, they describe themselves as “A limited NFT collection where the token itself doubles as your membership to a swamp club for apes. The club is open! Ape in with us.”
As with most successful products, the Yuga Labs creation doesn’t come without its share of controversy.
#2 Cryptopunks
They might not have been the firsts, but the Cryptopunks are certainly responsible for spearheading and popularizing the NFT movement. At first, you could mint them for free. Nowadays, the average price is 76.64 ETH. On their official site, they describe themselves as “The Cryptopunks are one of the earliest examples of a “Non-Fungible Token” on Ethereum, and were inspiration for the ERC-721 standard that powers most digital art and collectibles.”
The creators recently sold the whole collection to Yuga Labs. And, of course, controversy follows this project as well. And, they’re also on their way to mainstream adoption.
ETH price chart on Capital.com | Source: ETH/USD on TradingView.com
#3 NFT Collection: Mutant Ape Yacht Club
At first, these ones were free as well. They came into the scene as a way to reward BAYC members. Owners received an airdrop of “Mutant Serum,” using it they could mint a mutant version of their ape as a completely new NFT. Nowadays, the average price is 32.99 ETH. They don’t have an official site, but this is the NFT collection’s Open Sea page. As you can see by its place on this list, the interest in this collection keeps growing.
#4 CloneX
The collaboration between legendary Japanese artist Takashi Murakami and “digital artifacts” creator RTFKT is a success like no other. This might have to do with Nike’s recent acquisition of the company. The NFT collection ’s official site doesn’t describe itself, but NFT News does, “CloneX NFT collection is not only equipped for the Metaverse and features high-end avatars, but also marks the beginning of a community-focused environment ”
#5 NFT Collection: Moonbirds
The newcomer of the bunch is the Moonbirds NFT Collection. Their official site describes them as, “a collection of 10,000 utility-enabled PFPs that feature a richly diverse and unique pool of rarity-powered traits.” Since they’re so new, they’re easily beating all of the other collections in number of daily sales. Of course, the NewsBTC team has been covering the story as it happens.
Other NFT collections in the Top 10: Azuki, Sandbox’s LANDs, Doodles, Veefriends, and Meebits.
Featured Image: the most valuable list, taken from this tweet | Charts by TradingView
ApeCoin: APE price climbs 55% in three days as a ‘BAYC land drop’ rumor goes viral
Owners of the popular Bored Ape and Mutant APE nonfungible tokens (NFT) could receive virtual lands on the Yuga Labs’ upcoming “Otherside” metaverse.
ApeCoin announcement surges BAYC floor price to near-ATH before correction
The BAYC native asset is claimable for a 90-day window, with each holder receiving 10,000 ApeCoins currently worth $72,000.
OpenSea NFT trading volume surges as Bored Ape mania intensifies
Data shows that OpenSea has generated more than $700 million in sales so far this year putting the NFT marketplace on track for another record month.
Nifty News: Decentraland Times Square NYE party, Mutant Apes go bananas and more…
Decentraland will unveil a virtual version of the iconic Times Square for its NYE party, Swedish bankers Mecro Bank announced Metaverse plans, and Cipher Punks NFT were canned following strong pushback.