NFTs have grown to become a multi-billion dollar market. The moment you think it can’t go beyond this, a rare NFT collection surpasses all records.
There is no limit to the NFT price. It depends on how much the buyer is willing to pay. According to the Earth Web statistics, NFTs worth $10-$20 million are sold every week.
Popular NFTs like Cryptopunks, BAYC, Clone X and others are worth millions. Over the last 30 days, Invisible Friends NFTs entered the group of popular NFTs with a market cap of 39649 ETH. If you consider the data for the last 30 days it ranks 3rd by volume, average price and sales.
Every month we see new progress in the NFT space with new collections launching. It is not only the top 3-4 NFT collections that are popular in the community. You may not know NFT enthusiasts are always looking for unique NFTs to add to their collection.
It’s hard to notice but several NFTs have already been established in the market and selling for good. NFTs like Doodles, Cool Cats, Vee Friends and others have attracted the buyers. The NFT prices of these collections are in the range of $50,000 – $2,00,000.
Let us look at the popular NFTs collection that bagged hundreds of dollars in February 2022.
Popular NFTs Sold Out In February 2022
The NFT market is growing at a rapid pace. Though some people believed that it’s a bubble soon to burst, it has proved its credibility otherwise.
Here are some of the popular NFTs sold out in February 2022.
Cryptopunks
When it comes to NFTs, you can’t go past Cryptopunks. Built on the Ethereum blockchain network, it is a collection of 10,000 uniquely generated pixel art. What makes Cryptopunks rare is that no two Cryptopunk is similar in any respect.
On 12th February 2022, Cryptopunk #5822 was sold for $23.7 million. It has become the most expensive Cryptopunk to be sold to date. At the time of writing, Cryptopunk has accumulated total sales of $78.57 million in the last 4 weeks.
Bored Ape Yacht Club
BAYC is one of the most expensive and popular NFTs. It is a collection of 10,000 apes with unique attributes and facial expressions. The BAYC NFT gives you access to elite clubs and community passes.
As of now, BAYC is the top NFT collection in terms of volume and sales in the last 30 days. BAYC has a volume of over 63295.21 ETH with an average NFT price of over 100 ETH. In the last 30 days, the collection has made 630 sales taking its estimated market cap to 1,058,055.84 ETH.
Doodles
Launched on 16th October 2021, Doodles has become a sensation in the NFT community in a short time. It is a collection of 10,000 NFTs of rare visual traits. These are hand-drawn doodles of cats, skeletons, apes, aliens and other mascots.
Owning a Doodle NFT will give you access to community products, services, merchandise, events and the right to vote in governance. All these new features linked to NFT ownership makes it one of the popular NFTs this year.
In the third week of February alone, Doodle made 189 sales worth approximately $6,273,024. Doodles have a market cap of 142,104.97 ETH with an average NFT price of approx. 12.71 ETH.
Vee Friends
When Gary Vee launched its collection of 10255 NFTs, the community went crazy. Vee Friends website went live on 11th May 2021 selling approx. 31299 tokens in the inaugural auction within 24 hours. In the Dutch Auction, Vee Friends were sold for 3 ETH with a floor price of 0.5 ETH.
Each Vee Friends NFT depicts mammals, dinosaurs, birds and other animals. There are 9400 admission tokens, 300 access tokens and 555 Gift Goats. Each token has unique attributes and utility. Admission tokens offer you a pass to attend VeeCon. Gift tokens will make you entitled to receive 6 gifts per year for the next 3 years and an entry pass. The access tokens will give you the chance to virtually hangout with GaryVee for the next three years.
The NFT price depends on its rarity score. The average price of Vee Friends NFT is around 19 ETH. In the 3rd week of February 2022, Vee Friends made around 37 sales worth $1396842. The highest NFT price of Vee Friends was $163,530.
Cool Cats
Cool Cats are a collection of 9,999 cats made of random elements. Each cool cat is assembled from 30,000 different elements which include hats, unique bodies, faces, clothes and other accessories.
Launched in July 2021, Cool Cats soon became one of the popular NFTs credit to its attributes, features and utility.
Cool Cats owners get access to community games, events, raffles, giveaways, NFT claims and much more. The Cool Cats promises to expand more in future. The fascinating thing that attracted the buyers is that 20% of the ETH earned from primary Cool Cats sales will be given back to the community via contests and giveaways. Recently, Cool Cats also launched Cooltopia and Cool Pets to gamify the NFT and it more fun.
In a single week in February, Cool Cats made a whopping 138 sales worth $4,113,762. It has a market cap of over 89,072 ETH and an average NFT price of 8.51 ETH. In February 2022, the most expensive Cool Cat was sold for $50,205.
Conclusion
NFTs are no more just virtual art, photo or video. Popular NFTs projects are offering their owners access to a much more engaging community. Unique NFTs with utility and access passes counters the arguments of those who criticized NFTs as something hollow with no function.
The new NFT projects are giving their owners more than just to brag. The community experience as promised by top NFT projects is what lures the buyers and drives its prices and sales.
Get started with NFTically to enter the NFT space, explore top NFT collections and be a part of their exclusive NFT community. Moreover, you get the chance to launch your own NFT marketplace and white label store at NFTically with cutting-edge technologies, cross-chain support and automated NFT infrastructure.