There is no denying that after the meteoric rise of NFTs, the market has finally slowed down, thanks to Q2’s crypto market crash. But, even with a relatively slow market, there are always new NFT collections coming about and trending on the internet, bringing new opportunities for NFT enthusiasts.
So whether you are fully onboard with the hype train or just shopping around to find ‘the gem’ NFT project, here are four awesome NFT collections trending right now.
However, please note that this is not an investment guide, and it is up to you to decide if you are interested in any of these projects.
DeGods: The ‘Must-Have’ NFT
Following the huge surge and celebrity endorsement of y00ts NFT project on Solana (which is currently sold out), prices of the team’s current NFT collection, DeGods, came to attention. DeGods was launched back in October of 2021 but largely remained under the radar. However, following the success of the company’s y00ts NFT project, DeGods came into the picture and topped Magic Eden’s list to become the most valuable Solana-based NFT currently available.
Even when compared with the wider NFT market, DeGods performed exceedingly well and ranks fourth on the list, right after Bored Ape Yacht Club, CryptoPunks, and Moonbirds. In fact, it currently sits above Mutant Ape Yacht Club in the list, and that should tell you all that you need to know about the DeGods NFT collection.
As of this writing, the floor price of DeGods at Magic Eden sits at 570 SOL with 4400 unique owners. So if you are in the market to invest in a hyped NFT collection that has the potential to reach millions, give DeGods a try.
EZU: Powering the ‘Wear2Earn’ Lifestyle
Another trending NFT collection with over 6,000 owners is EZU which managed to create a major hype in the market. EZU is the first ever cross-chain mintable Ethereum collection that launched on Magic Eden’s launchpad and now selling on Opensea. It is a sister project of the successful psychedelics anonymous and is available to be minted both on ETH and SOL.
The EZU collection consists of some unique NFTs representing light, vapor, liquid, and earth elements. EZU initially minted 1420 tokens at a base price of 0.2 ETH and has already minted over 50% of its collection.
When it comes to Utility, EZU has been developing a Wear2Earn economy for consumers to be rewarded for wearing EZU products with NFC capabilities. So, for example, an influencer or ambassador of the project can wear clothes that have a special NFC chip built into them, which EZU can track and reward for wearing them.
Although the tech is a bit far-fetched, advertisers can take advantage of this and see many more use cases of the project.
Tamadoge: The ‘Play2Earn’ Meme NFT
Who doesn’t love a pet? Harnessing that emotional connection, a new NFT collection is all set to go live in the last quarter of 2022. Tamadoge is a play-to-earn game that enables players to breed dogs by feeding them NFTs purchased from the platform. You can also buy your pets different toys to keep them happy. The more you feed your dogs and keep them happy with toys, you will move up the leaderboard and have a chance of winning a pool of rewards.
Tamadoge also has plenty of surprises for its community. It recently announced over $100,000 worth of airdrop-style crypto giveaways for all investors who are currently holding their native TAMA tokens. In addition to this, Tamadoge also managed to raise $ 2 million in presale meaning it is one of the more promising cryptos of 2022.
If you found any rebalance with dogecoin, now is the time to mention that Tamadoge is the newest addition to the same ecosystem as dogecoin. However, Tamadoge comes with the added utility of using it to participate in the P2E games, which were missing in dogecoin.
In addition to this, 5% of all Tamadoge spent is burnt, thus reducing supply and making Tamadoge more scarce. If you are into pets, especially dogs, this can be an exciting and fun project to check out.
GM mfer: The ‘IRL’ Coffee Lover Experience
Mfers is a popular limited-edition NFT project that made headlines last year. The first ‘Mfers’ NFT collection was available for purchase on November 30. The sale included 10,000 NFT items for 0.069 ETH each. Because of the insane popularity of the project, it was sold out for under 10 minutes.
Based on the same success, Rarible launched ‘GM mfer’, a speciality coffee for NFT degens. GM mfer is the first IRL mfer-branded coffee blend with a limited edition specialty coffee run, created in partnership with Creation Coffee. However, unlike the first project with a 10k mfer collection, there are just 200 bags of coffee launched this time, making it more desirable to investors.
But do not worry, GM mfer did not forget about the community and offered to share 25% of all profits to be sent to the mfers treasury, so holding a mfer NFT is sustainable even in the long run. And if you are wondering about the utility of the project, according to rarible “The utility is a bright blend of vibes that’ll keep any mfer wired and ready to build.”