Best NFT Crypto Coin As it is known that the number or types of cryptocurrency coins there are a lot. Likewise with NFT
Of course, this cannot be separated from the experience of many traders who have proven themselves that this asset generates large profits.
This sector is also known to involve several types of coins and one of them is NFT.
What is NFT and what are the best-recommended types of NFT coins? Check out the explanation here!
About NFT
Let's understand first what exactly is NFT. Before investing in an asset, of course, you must understand well the type of asset that is being played.
NFT itself is short for Non-Fungible Token. These NFTs are traded online and are usually transacted using cryptocurrency as a means of payment.
NFTs will generally be coded using basic software similar to cryptocurrency assets.
This NFT has been around since 2014 and now its popularity is skyrocketing. Many think that NFT is the same as bitcoin.
Even though both have a fundamental difference where bitcoin can be interpreted as a coin while NFT is in the form of a digital asset that is tied to a unique digital asset.
Users can only earn NFT through digital ownership records of stored physical assets.
NFT is in great demand because it has no exchange rate. The nature of this NFT seems very unique and interesting because it cannot be exchanged for assets of equivalent value.
So it can be said that this NFT will become a digital asset that can only be owned specifically by certain users.
The uniqueness of NFT has made its popularity skyrocket. Moreover, it is also known that NFT can bring many benefits.
Best NFT Crypto Coin
As it is known that the number or types of cryptocurrency coins there are a lot. Likewise with NFT which turns out to consist of various types.
Before starting to invest in NFT assets it is very important to understand what the best type of NFT is that is most recommended.
The following are the 5 best NFT coins that are rated the most profitable:
1. Decentraland
First there is Decentraland or commonly known as MANA code. MANA is a virtual reality platform supported by Ethereum. This platform will provide space for owners to create and sell content or applications.
MANA was first recorded to be released in 2017 and has received funding worth US$24 million.
This type of NFT is very suitable as an investment asset for investors who want to monetize content and applications.
From the very beginning, the profit value of MANA has been quite high and this fact seems to make the MANA position really an accurate asset choice.
The price of 1 MANA coin can reach 0.7822 US$.
2. Engine
Next, there is the NFT Engine coin or commonly known as the ENJ code. These coins are used to drive economic growth on the Blockchain.
Usually, this ENJ coin is used for general public transaction activities in e-commerce.
ENJ is considered to provide convenience in doing business on a Blockchain basis. No wonder this type of NFT coin has a lot of fans.
With the ENJ, consumers can easily buy products, both real products and abstract products such as games and software.
This ENJ is valued at 1.38 US$ per 1 piece and is limited in circulation to only 1 billion copies.
This restriction is made because ENJ is widely used for market transactions.
3. DigiByte
Of course, there are many who are familiar with DigiByte because its popularity is so high.
DigiByte is commonly known as the DGB code and is a Blockchain system that is used by the public in recording ordinary transaction activities.
At the beginning of its appearance, this DGB was not immediately considered an investment asset of great value.
Starting in 2020, DigiByte has succeeded in attracting market attention because it can be the longest and most secure Blockchain system and the distribution is even.
Plus DGB has a sophistication that can be used for various types of purposes.
DGB can be used to invest in NFT coins, create smart contract applications, and validate Blockchain. The price of 1 DGB coin is known to be 0.06125 US$.
4. Chiliz
There is also Chiliz or CHZ which is also one of the best NFT coin recommendations. Chiliz is a derivative of cryptocurrency and is commonly used to transact via Blockchain.
Chiliz is usually used to complete transactions in the fields of sports as well as entertainment. So it can be said that Chiliz is quite popular in the community and has a large enough profit opportunity.
Chiliz is one of the NFT coins that has the largest market capitalization in the world.
The value of 1 Chiliz coin is valued at 0.2801 US$. Meanwhile, in terms of profits, Chiliz coins can bring profits of up to 65 million US $ within one year. Really profitable to count investment in the form of NFT.
5. Tezos
Then there is the NFT Tezos coin which is known to have very good performance. Tezos is commonly known by the code XTZ.
In general, Tezos is part of the cryptocurrency derivative.
XTZ can also be understood as a Blockchain platform specifically designed to control decentralized applications and assets.
The unique point of Tezos is that this type of coin is decentralized which means it is self-governing.
Those were the 5 best choices of NFT coins that could be used as investment assets. Interested in playing and profiting from these NFT coins?
