The NFT market became especially popular in 2021. So much so that in the last year alone, hundreds of collections have been released, and some of them have made huge profits. However, 2022 did not bode well for NFT coins and collectibles. The biggest reason behind this was the collapse in cryptocurrency prices. Bitcoin, which entered 2022 at a price of around $ 48,000, is currently trading at $ 23,162. NFTs have lost value due to the use of cryptocurrencies to trade NFTs and global economic fluctuations. However, the majority of the community is certain that prices will continue to rise in the future.
NFT coins expected to rise
Besides the positive view of the community, some analysts are also bullish for NFT coins. But they don’t expect every NFT to rise. In this article, as Kriptokoin.com, we have compiled 4 NFT coin projects that analysts expect to rise.
LooksRare (LOOKS)
LookRare is a decentralized and community driven NFT marketplace. It actively rewards investors, token stakers, creators and collectors for participation in the platform. Although it was launched in 2022, it has managed to expand its user base. Thus, it has taken its place as a competitor to OpenSea, the largest market for NFT coins. This platform has a native cryptocurrency called LOOKS. Analysts expect the success of the NFT marketplace to be reflected in NFT coin LOOKS in the future as well. If this happens, LOOKS will reap big gains. At the time of writing, LOOKS had a market cap of $173.8 million. In addition, 47% of the maximum supply capped at 1 billion units was in circulation.
Ethernet (ERN)
Ethernity, also known as Ethernity Chain, is a Blockchain network focused on NFT generation. In addition to the production of NFTs, it also supports their sale in the public interest. Accordingly, Ethernity puts the works of its artists up for auction. Artists can donate a portion of their income from NFTs they sell at auction to charities. In addition to these, Ethernity Chain also has a native cryptocurrency called ERN. ERN, which has a market capitalization of $37.4 million, was trading at $2.40 at the time of writing. 52% of the token’s maximum supply, capped at 30 million units, was in circulation. Analysts consider ERN to be among the NFT coins with the potential to generate good returns in the future.
Rarible (RARI)
Rarible is a platform where all users can produce and sell NFTs, that is, an NFT marketplace. Analysts predict that Rarible will rival OpenSea, similar to LooksRare. However, the Rarible market has a native cryptocurrency called RARI. Analysts expect the price of RARI to increase as Rarible’s user base expands and the NFT market recovers. This is why they consider RARI to be among the best NFT coins of the future. With a market cap of $31.5 million, RARI is changing hands at $3.34. However, 9.43 million tokens are in circulation from the project, whose maximum supply is not specified.
Boson Protocol (BOSON)
Boson Protocol provides tokenized futures products. In other words, it tokenizes real-world assets and transfers them to the Blockchain and digital world. Users gain benefits such as exchanging real-world value through these tokenized assets. That is, they buy and sell real-world assets as a digital asset. All of these futures products are in the Blockchain space as an NFT. Accordingly, the Boson Protocol digitizes physical assets as NFT. Due to this innovative perspective, analysts predict that BOSON will be among the top NFT coins in the future. At the time of writing, the coin had a unit price of $0.33 with a market cap of $30.55 million.
12358
