The internet is going crazy over NFTs, as many celebrities continue to join the hype. The increasing popularity of non-fungible tokens saw a massive rise last year when celebrities and incluencer combined forces to promote NFTs. Plenty of tweets and videos were dedicated to it and thousands of fans rushed to acquire them. Snoop Dog, Paris Hilton, Grimes, Shawn Mendes, Lindsay Lohan, and even eminem launched digital merchandise, contributing to the hype.
Why Everyone Loves NFTs
The NFT industry is booming and continues to show amazing potential for growth. Not only due to the internet and social media hype it receives daily but also because it has shown great levels of market capitalization; as well as many different options of digital assets on offer. This means that there is an NFT for every type of investor.
More so, the NFT industry witnessed an outstanding $20 Billion sales volume last year and is predicted to exceed a US$80 Billion market capitalization by 2025. The popularity of NFTs does not show any signs of stopping, as more people continue to join.
Top Most Lucrative NFT Tokens
Parody Coin (PARO)
Built on a Binance Smart Chain (BEP-20), Parody Coin is a deflationary utility coin whose main intent is to supply investors with a variety of passive income options. These include mostly minting, trading and selling parodies of popular NFTs. How? It features an NFT Parody Marketplace where you may purchase as well as sell parody NFTs.
However, the Parody Coin ecosystem is uniquely designed to assemble the most beneficial aspects of the NFT markets. For instance, investors will be able to mint parodies of famous NFTs, as well as trade NFT parodies to generate revenue. More so, the native token of the ecosystem, PARO, can produce parody NFTs from other major blue-chip NFTs.
The PARO token has just recently gone into a presale stage, acquiring the interest of many. In total, 300 million PARO coins were pre-mined before the Initial DEX Offering (IDO) on PancakeSwap. The current price of PARO is $0.002. PARO has the potential to use BoostX, as the launchpad technology was created to assist new cryptocurrencies during their launch and presale stage.
Solana (SOL)
Despite having launched only two years ago, this relatively recent coin has already established its position in the market. The Solana Foundation has been one of the preferred blockchains to investors not only because it can support an impressive total of 65,000 transactions a second (TPS) with near-zero gas fees but also because, as of recently, the largest non-fungible token (NFT) marketplace Opensea has said it will support Solana NFTs.
Solana will be the fourth blockchain on Opensea, competing with Ethereum, Klaytn, and Polygon. This market accounts for a total of $23.5B in sales to date between 1,417,562 traders. But there are plenty of upcoming Solana NFT Projects to launch in 2022. Investors are looking forward to these projects as Solana is supporting a new wave of NFTs and Play-to-earn games, assuring its potential to build robust and scalable projects.
Likewise, Explora Chain (EXPL) is following the innovative footsteps of Solana (SOL) and has created a highly developed NFT marketplace and is currently developing a most advanced large-scale market for NFTs in terms of cross-chain interoperability.
Terra (LUNA)
Terra was launched in April 2019 and is now the leading decentralised and open-source public blockchain protocol for algorithmic stable coins, and uses fiat-pegged stable coins to supply power to price-stable global payments systems. The Terra protocol also creates stable coins that consistently track the price of any fiat currency.
The Terra ecosystem, however, is massive and offers many versatile money-making options, as it contains more than 100 natively built projects. Some include non-fungible token (NFT) collections, decentralised finance (DeFi) platforms and Web 3.0 applications.
One of Terra’s recent exciting NFT projects is Terra Cute, a collection of NFTs that belong in Terra Cute’s unlimited 2D world. In this virtual realm, players can own characters, meet friends, communicate, design and play games while you earn money.
Additionally, Terra’s network already has a Total Value Locked (TVL) of $27 billion and is then, the world’s second-largest platform after only Ethereum. LUNA’s price value underwent an astonishing rise over the last year. In 2021, LUNA traded at $0.66 and completed the year at $89.
Join Parody Coin’s Presale:
https://presale.parodycoin.io/
https://parodycoin.io/
Join Explora Chain’s Presale:
https://presale.explorachain.io/
https://explorachain.io/
