NFTs rear: BEZOGE jumps as APE and CRA rise in double digits

We share daily data of the unique token (NFT) ecosystem with you.

CoinMarketCap as of Wednesday, April 20, 2022 datasthe total market value of the unique token (nonfungible token, NFT) ecosystem $10,390,319.097 dollars shows as.

CryptoSlam to the data According to NFT protocols, the total amount of sales made during the month $78,724,583 level.

NFTs rear: BEZOGE jumps as APE and CRA rise in double digits

Total amount spent in dollars in sales and the number of unique buyers. Source: CryptoSlam

TOP 5 – Most profitable NFT tokens in 24 hours

Token Name Price 24h 7g Market value
Bezoge Earth (BEZOGE) 0.00000001$ 35.5% 29.1% $171,530,191$
ApeCoin (APE) $15.75 25.7% 35.1% $4,489,447,626$
Crabada (CRA) $0.6222 19.6% 3.6% $60,016,656
XMON (XMON) $40,401.14 18.5% 33.7% $97,046,772
Immutable X (IMX) $2.06 14.8% 11.7% $479,016,368

The most valuable NFT tokens in 24 hours. Source: CoinGecko (Wednesday, April 20, 2022 10:35)

As of Wednesday, April 20, 2022, the most valued NFT token in the last 24 hours 35.5 percent with Bezoge Earth (BEZOGE) it happened. Total market value of the protocol $171,530,191 dollars reaching, 1 Bezoge Earth (BEZOGE) from $0.00000003891 began to change hands.

The second most valued NFT token in 24 hours 25.7 percent with the increase ApeCoin (APE) recorded as. ApeCoin (APE) from $15.75 is being traded. 19.6 percent rising at the rate Crabada (CRA) protocol $0.622162 level.

According to the shared data, 18.5 percent rising rate of XMON (XMON) $40,401.14 and right after 14.8 percent growing Immutable X (IMX) if the protocol $2.06 is traded on.

TOP 5 – NFT tokens that lost the most in 24 hours

Token Name Price 24h 7g Market value
Origin Protocol (OGN) $0.6454 -8.2% 39.1% $312,863,552$
Opulous (OPUL) $0.5029 -7.3% -24.5% $24,947,956
Somnium Space CUBEs (CUBEs) $4.84 -6.3% 1.4% $62,821,166
Cake Monster (MONSTA) $0.0023 -5.2% -10.8% $15,043,764
Polychain Monsters (PMON) $4.16 -4.2% 3.0% $13,408,818

NFT tokens that lost the most in 24 hours. Source: CoinGecko (Wednesday, April 20, 2022 10:35)

According to the shared data, when we look at the declining names of the unique token (NFT) sector in 24 hours, the total market capitalization $312,863,552 dollars calculated and 8.2 percent declining in Origin Protocol (OGN) token From $0.645399 is being traded.

7.3 percent falling in rate Opulous (OPUL) at $0.502927 when finding buyers, 6.3 percent depreciating Somnium Space CUBEs (CUBEs) if $4.84 level.

Also, the data 5.2 percent falling Cake Monster (MONSTA) token From $0.00232447 when changing hands 4.2 percent declining in Polychain Monsters (PMON) $4.16 finds buyers.

What is a unique token (nonfungible token, NFT)?

Non-fungible token (NFT), which means “unchangeable or unique token” in Turkish, means a unique token encrypted on the blockchain network. NFT, which works differently from the conventional coin and token concept; It is a unique, unalterable, original, and absolute property.

In the simplest terms, non-fungible tokens, which cannot be changed and can be described as unique, are produced with different values ​​and originality that cannot be replaced.

To explain with an example, it is possible to exchange a 100 TL banknote with another 100 TL banknote. Because traditional banknotes are interchangeable. They do not have any effect on the serial number value of the banknote, they have a fungibility feature. Likewise, whole gold from the jeweler can be exchanged for a different whole gold or for four quarters of gold.

Fungibility or interchangeability is a critical feature of cryptocurrencies. For example, when a Bitcoin was produced, by which miner it was mined, and in how many wallets it has been in so far does not affect its value. 1 BTC is always 1 BTC.

Non-fungible tokens, on the other hand, have features that make each “unique”. The person who owns an NFT knows that there is no other example of the token in his hand.

For detailed information: What is a non-fungible token (NFT)? How does it work?

The views and comments expressed here are solely those of the author. It may not reflect the views of Cointelegraph. Every investment and trading move involves risk. You should do your own research when making a decision.

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