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NFTs might just be the hottest thing in the crypto sphere. When shopping for the best NFTs to invest in, such as Bored Ape Yacht Club or CryptoPunks, you’ll be spending at least 70 to 80 ETH. While NFTs are still relative newcomers to the art world, they’re drawing a significant amount of buzz and collectors are willing to pay a premium for top NFTs. The time to buy is when new NFT projects are just getting off the ground, and that means getting on the whitelist or VIP list. So how do you invest in the best upcoming NFT projects?
It can be tough to cut through the digital clutter and discover the NFT projects that really resonate with you — or the NFT projects that are most likely to succeed. How can you decide which NFTs to invest in? With the right investment plan, knowing what you want from top NFTs, and an active involvement in upcoming NFT projects, you can be prepared for anything that comes your way.
An NFT (non-fungible token) is unique data stored on a digital ledger which acts as a collectible digital asset. Popular blue chip NFTs such as BAYC and Cool Cats hold value, much like physical art, making them among the best NFTs to invest in. Recently, there’s been a huge stir on the scene, since speculators are on the lookout for top upcoming NFT projects so they can make a quick buck. However, it’s important to note that while it can be profitable to flip these top NFT projects, it’s also possible for them to skyrocket in value once FOMO kicks in.