Think back to the thrill of collecting your favorite trading cards. Imagine those cards are digital, unique, and could unlock awesome perks like special events or limited-edition merch. That’s the world of NFTs! This blog will look closely at NFTs, which have taken the market by storm.

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Best NFT by Market Cap

NameChainEst. Market CapFloor PriceAssets
PudgyPenguinsEthereum57.12%106,537.79 ETH5.46%
BoredApeYachtClubEthereum55.06%138,187 ETH0.46%
Lil PudgysEthereum21.56%22,255.82 ETH4.49%
AzukiEthereum106.31%41,222 ETH6.84%
Parallel AvatarsEthereum313.48%12,971.28 ETH18.43%
MutantApeYachtClubEthereum37.78%46,640.01 ETH5.51%
MiladyEthereum63.93%34,431 ETH2.47%

Note: Source: CoinMarketCap, 25/03/2024; market conditions may vary, and the information provided here is for reference purposes only.

1. Pudgy Penguins: A Beacon of Positivity in the NFT World

Best NFT by Market Cap(March 2024)

Image Source: opensea.io

// Pudgy Penguins NFTs featuring a variety of colorful and chubby penguin characters.

Blockchain network: Ethereum

Volume: 1,503.02 ETH

Est Market Cap: 57.12%

Floor Price: 106,537.79 ETH

Avg Price: 13.48 ETH

Pudgy Penguins is a beloved collection of 8,888 unique, randomly generated penguin NFTs on the Ethereum blockchain. These charming characters, with their slightly chubby forms, colorful accessories, and distinct personalities, have captured the hearts of the NFT community.

What Makes Them Special: Beyond their adorable appearance, Pudgy Penguins stand out for their focus on community, good vibes, and real-world utility. Owners gain access to exclusive events, potential IP licensing opportunities, and a tight-knit group known as “The Huddle.” Lil’ Pudgys and Pudgy Rods are sub-collections that expand the world of Pudgy Penguins.

Why They Matter:  Pudgy Penguins aren’t just a collectible – they represent a positive movement within the sometimes chaotic world of NFTs. The project emphasizes love, empathy, and a better Web3 environment.

If you are looking for a fun and meaningful NFT collection, Pudgy Penguins might be the perfect fit. 

2. Bored Ape Yacht Club: The Status Symbols of Web3

Best NFT by Market Cap(March 2024)

Image Source: boredapeyachtclub.com // Bored Ape Yacht Club NFT collection showcasing cartoon ape characters with diverse traits.

Blockchain network: Ethereum

Volume: 1,503.02 ETH

Est Market Cap: 57.12%

Floor Price: 106,537.79 ETH

Avg Price: 13.48 ETH

The Bored Ape Yacht Club (BAYC) is more than just a collection of 10,000 cartoon ape NFTs —  it’s a cultural phenomenon. These procedurally generated apes, with distinctive traits ranging from cool shades to laser eyes, have become the ultimate status symbols in the Web3 world.

The Secret Society: Owning a Bored Ape grants you membership into an exclusive club. Members can access special events, merchandise, and even new NFT airdrops like the Mutant Ape Yacht Club and Bored Ape Kennel Club. It’s a community driven by shared ownership and identity.

A Canvas for Celebrity Culture: Celebrities like Eminem, Justin Bieber, and Madonna proudly display their Bored Apes as profile pictures, further cementing their status as digital icons of wealth and exclusivity. BAYC has become a way for the elite to signal their involvement and ‘insider’ status in the NFT space.

Own a Piece of History: If you’re intrigued by the power of NFTs, fascinated by celebrity trends, or simply want to be part of something revolutionary, the Bored Ape Yacht Club is a defining force in the NFT landscape.

3. Lil Pudgys: The Pudgy Offspring

Best NFT by Market Cap(March 2024)

Image source: opensea.io// Lil Pudgys NFT collection presenting adorable and pint-sized penguin characters.

Blockchain network: Ethereum

Volume: 363.34 ETH

Est Market Cap: 21.56%

Floor Price: 22,255.82 ETH

Avg Price: 1.1088 ETH

Lil Pudgys are the adorable offspring of the iconic Pudgy Penguins NFT collection. These 22,222 pint-sized penguins bring youthful energy and playful charm to the Web3 world. With their chubby cheeks, wide eyes, and cute accessories, Lil Pudgys embody pure joy.

More than Just a Collectible: While they undeniably possess a collectible appeal, Lil Pudgys offers more than just visual cuteness.  Owners become part of the more prominent Pudgy Penguins family, gaining access to the supportive Huddle community and potential perks like exclusive events and airdrops.

Lil Pudgys represent the next generation of the Pudgy Penguin universe. They offer a vibrant entry point into the world of Pudgy Penguins and are poised to become integral figures in the project’s growing ecosystem.

4. Azuki: Where Anime Meets the Metaverse

Best NFT by Market Cap(March 2024)

Image source: azuki.com// Azuki NFT anime-inspired avatars.

Blockchain network: Ethereum

Volume: 251.29 ETH

Est Market Cap: 106.31%

Floor Price: 41,222 ETH

Avg Price: 4.9246 ETH

Azuki is a collection of 10,000 stylish anime-inspired avatars on the Ethereum blockchain.  These digital denizens boast vibrant hand-drawn art, diverse traits, and a distinct streetwear aesthetic that immediately captured the attention of the NFT world.

The Garden(Community at its Core): Owning an Azuki is more than possessing a striking digital collectible; it’s membership into ‘The Garden.’ This exclusive community offers access to unique experiences, collaborations, and the potential to shape the brand’s growth and direction.

Azuki stands out for its focus on community-driven storytelling. The project invites holders to contribute to the expanding lore of the Azuki universe, blurring the lines between creators and collectors.

5. Parallel Avatars NFT: A Piece of Internet History

Best NFT by Market Cap(March 2024)

Source: opensea.io // Parallel Avatars NFT collection featuring characters within Parallel’s various factions.

Blockchain network: Ethereum

Volume: 181.8 ETH

Est Market Cap: 313.48%

Floor Price: 12,971.28 ETH

Avg Price: 1.3 ETH

If you’re an Internet history buff, Parallel Avatars is your digital key. These unique NFTs represent characters within Parallel’s five dynamic factions, giving you front-row access to the ever-expanding world of the Parallel Trading Card Game and beyond.

Owning a Parallel Avatar offers tangible benefits such as:

  • PRIME Boost: Earn extra PRIME tokens within the TCG when winning with a deck that matches your Avatar’s faction.
  • Early Access: Be the first to playtest new games, experiences, and content drops.
  • Community Power: Have a say in developing the lore and narratives shaping Parallel’s future.

6. Mutant Ape Yacht Club(MAYC): Bored Apes Evolved

Best NFT by Market Cap(March 2024)

Source: //Mutant Ape Yacht Club (MAYC) NFT collection showcasing twisted and mutated ape characters

Blockchain network: Ethereum

Volume: 178.16 ETH

Est Market Cap: 37.78%

Floor Price: 46,640.01 ETH

Avg Price: 2.429 ETH

Ever wished your Bored Ape could get a little… wilder? That’s where the Mutant Ape Yacht Club comes in. These NFTs are the twisted, mutated offspring of the original BAYC, transformed by exposure to mysterious serums.

More Than a Makeover: MAYCs aren’t just a visual upgrade. Each mutant boasts unique traits and rarities, creating a whole new hierarchy within the Ape universe. Owning a Mutant Ape grants you all the perks of the original BAYC –  exclusive community access, airdrops, and events.  Plus, their unique nature gives them the potential to become even more coveted and valuable than their Bored Ape ancestors.

7. Milady Makers: The Weird NFT

Best NFT by Market Cap(March 2024)

Blockchain network: Ethereum

Volume: 161.48 ETH

Est Market Cap: 63.93%

Floor Price: 34,431 ETH

Avg Price: 3.988 ETH

Sure, you’ve seen those cute, polished NFT collections everywhere. But what if you want something a little rougher around the edges? That’s where Milady Makers come in. These 10,000-pixel art characters are about something other than being perfect. They’re edgy, sometimes even weird, and might remind you of the infamous South Park.

Think of Them as a Digital Rebellion. Miladies are like a protest against all those overly-produced NFTs. Owning one means you’re okay with a bit of digital rebellion and messiness.

The Community is Wild but Welcoming: The Milady community consists of people who think outside the box. They’re not afraid to be different and welcome those who feel the same way.

Miladies don’t have a set plan for their story. It’s up to the owners to build the future, making it as unpredictable and exciting as the characters themselves.

What is an NFT(Non-Fungible Token)?

NFTs are like digital certificates of ownership for unique items – imagine owning a famous meme’s original digital file or a one-of-a-kind song recording. They live on a blockchain, a secure record everyone can see, like a giant public ledger for digital things. 

Here’s our in depth article on

Unlike regular money or cryptocurrency, you can’t swap one NFT for another because they’re each one-of-a-kind. Owning an NFT means you are the verified owner of the original version of that digital thing, similar to owning a signed painting in the real world. Think of it like a one-of-a-kind trading card, but instead of a physical card, it’s a digital file, and there’s only one original version in existence.

NFT Floor Price Explained

Each NFT might have a different price depending on its rarity or features. The floor price is like the lowest price anyone is asking for a particular NFT in that collection. Knowing if an NFT is generally affordable or expensive within that collection is a good starting point.

Conclusion

The NFT market size is expected to grow at a compound annual growth rate (CAGR) of 34.5% from 2024 to 2030. This presents ample opportunity to invest in and explore a fascinating new asset class with incredible potential.

However, navigating this terrain can feel daunting—market volatility can feel scary, and the complexity analysis required can feel overwhelming, but not anymore! Mudrex empowers you to participate confidently in the NFT market. Our platform simplifies investing through curated NFT baskets, expert insights, and a user-friendly interface. Don’t miss out on this exciting opportunity – take your first step towards the future of digital ownership with Mudrex today!

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