The decentralized world of blockchain and cryptocurrency has a lot to offer. NFTs are changing the digital ownership landscape and are becoming increasingly popular. This makes finding the correct non-fungible asset to invest in extremely challenging for investors. Every day, new NFT trends emerge in the marketplace. If people want to make money in the NFT market, they need to keep an eye on the trending NFTs. Thus, NFT Tools are useful in this situation.
NFT Rarity and its Calculation
Rarity defines the uniqueness of the NFTs, which in turn influences market value. The overall rarity of an NFT may be calculated using numerous ways. To calculate the rarity of an NFT, a rarity score is used. This contains factors such as rarity based on the rarest trait which statistically measures the rarities. in addition, all of these approaches take into account an NFT’s overall qualities rather than a single attribute.
The rarity score for each NFT cannot be calculated by humans as it is very time-consuming. Thus, this causes the need for various NFT Tools. The Top 10 NFT Tools that help traders analyze the NFT trends are discussed below:
1.Rarity.tools
Rarity is one of the most significant aspects to consider when purchasing a non-fungible token. The greatest NFTs are highly rare and in high demand among collectors, driving up their price. For analyzing the NFT space, rarity.tools is an outstanding NFT tool. In addition, traders can sort NFTs by their volume in ETH, average price, and market collections using this tool. The top NFTs that can be located and analyzed here are CryptoPunks, Bored Ape YC, and Mutant Ape Yacht Club. Each collection has its own page with all of the NFTs contained inside it.
2.OpenSea
OpenSea is the largest NFT marketplace in the world, making it simple to keep track of all activity and data for any NFT listed on the site. It offers some of the most desirable collections. In addition to the exceptional digital art collection, this NFT platform may also serve as an NFT tool for monitoring future digital art investments. OpenSea’s entire ecosystem, which includes the NFT shop and statistics attracts collectors. OpenSea supports NFTs built on the Ethereum, Polygon, and Klaytn blockchains. In addition, collectors can track NFTs on all three chains from a single platform.
3.Icy.tools
The user-friendly interface of icy.tools simplifies NFT analysis. The website’s additional features include the ‘Discover tab,’ which shows the top minting NFTs as well as top sales in the last 6 hours, 1 day, and much more. Users can narrow the ranking of popular collections down to 15-30 minutes for a quick look. Icy.tools also gives basic statistics for each collection, such as the floor price, average price, and volume. Under the buyer and seller window, its premium subscription allows access to full market research of each collection and the trading history of any wallet address.
4.NFT Stats
NFT Stats is another basic and useful NFT tool. Users can get the NFT collection insights on this platform. The NFT rankings include trending collections, new collections, and the top collections from the preceding 30 days. The overall volume and number of sales are utilized to rank the collections. This NFT platform gives users a quick look into the most popular NFT collections in the previous 24 hours, 7 days, and 30 days. In addition, each collection page offers information on recently sold NFTs as well as pricing trends over the last three months.
5.Moby.gg
Moby.gg combines real-time NFT monitoring and analytics with one of the most elegant interface designs. It provides live information on sales, mints, and wallet activities. It also offers rankings on markets and mints, as well as ‘Smart Alerts,’ which alert users when a new NFT is released. In addition, the site provides a database of historical data and live graphs, for 0.1 ETH. Moby.gg gives information on transactions that are taking place, especially during pre-sales, to help users gauge the popularity of the NFT. However, Moby.gg is considered to provide an awkward user experience because all of the relevant data is spread over numerous tabs, making cross-referencing difficult and time-consuming for consumers.
6.Cryptoslam
With a $9 million strategic seed round, CryptoSlam is a newcomer to the NFT tools industry. This tool, created by Clay Coffman, monitors the NFT market and organizes collections by trading volume. Each collection has its own website that covers live sales, and minting. Similarly, each NFT within a collection has a website that lists the pricing, special features, and rarity. It ranks NFTs by volume of sales of global indices, fan tokens, and NFT collectibles.
7. DappRadar
DappRadar is a useful analytical tool for both professionals and beginners. It provides a ranked list of all currently available Decentralized Applications (Dapps). It has a section that highlights key features like Hot Topics, NFTs, Defi, Exchanges, Games, and so on. Users may utilize the Portfolio Tracker to conveniently assess, manage, and identify new NFT projects. The website also uses a range of measures to assess projects based on liquidity, capitalization, and price.
8.Rarity Sniper
One of the most promising utility NFT tools is Rarity Sniper. On this list, it features one of the friendliest and sleekest user interfaces. This tool supports Ethereum, Solana, Polygon, Binance, and a variety of other blockchains, as well as over 1250 recognized collections. It has 300K and 389K Discord and Twitter communities, respectively, and gives NFT rarity ratings, rankings, and attributes.
9.BitDegree
BitDegree allows users to discover and analyze various NFT collections available on the market. Furthermore, users can use a variety of indicators to improve the analysis of any given NFT. BitDegree has the option to create portfolios and keep track of all NFTs.
10.Nansen
Nansen is a blockchain analytics tool that integrates on-chain data with a huge, ever-growing database of wallet labels. This allows NFT fans to see a scoreboard of NFT wallets ranked by profits, minting fees, and secondary market fees. Nansen, which was launched in 2019, is still a top source of Ethereum analytics and statistics.
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