For the past three years, non-fungible tokens, renowned as unique digital assets stored on a blockchain, representing ownership or authenticity of specific digital content, like art, music, videos, real estate, video game items or paintings, have continued spreading roots among different communities. These digital tokens have made millionaires from artists, creators, and collectors.
Milady Maker Up 4,638% Since May 2022
In an August 20 blog post, Crypto_Kermit, a renowned crypto analyst and NFT influencer, shared an analytic chart showcasing how much investors would have if they invested heavily in various non-fungible token collections during the 2021-2022 bull run. In this article, we shall explore how much an investor would have if he or she invested $1,000 in the NFT market.
Based on the Kermit chart, if an investor seeded $1,000 in Milady Maker non-fungible token collection in May 2022, he would be worth over $4.6 million today. Milady Maker is a non-fungible token collection from the digital asset firm featuring a limited supply of 10,000 NFTs hosted on the Ethereum blockchain network. Since May 2022, the Milady Maker NFT collection has risen by 4,638% in floor price value.
Other notable non-fungible token collections, which have recovered significant increases for the past two days, include MVPs, up 958%, Lil Pudgys, 710%, and the Pudgy Penguins, 487%. Lil Pudgy is an NFT collection featuring a fixed supply of 22,222 NFTs, while Pudgy Penguins is an NFT collection featuring a limited supply of 8,888 NFTs hosted on the Ethereum network.
Bored Ape And Mutant Ape Down -90% Since May 2022
According to Kermit analytics, several non-fungible token collections, including the famous Bored Ape Yacht Club, Mutant Ape Yacht Club and Otherside NFTs, have significantly lost value in the past two years. Since May 2022, the Bore Ape Yacht Club NFTs are down -91%, Mutant Ape Yacht Club NFTs are down -94%, and Otherdeed NFTs are down -95%.
Bored Ape Yacht Club is a non-fungible token collection from the digital asset firm Yuga Labs that features a limited supply of 10,000 NFTs hosted on the Ethereum blockchain network, while Mutant Ape Yacht Club is an NFT collection consisting of a fixed set of 20,000 Ethereum NFTs. Otherdeeds is an NFT collection from Yuga metaverse venture Otherside.
Related NFT News:
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- NFT Buyers Have Increased By 105% In The Past 7 Days – CryptoSlam
- Bored Ape NFTs Are Mooning Again – Pump 106% In Daily NFT Sales Volume
