Top NFT Tokens in 2023: Features, Price Predictions & Latest News

Introduction 

You might have heard somewhere about NFTs and their dramatic returns- from news, friends, social media, or your crypto talker colleague. NFTs have gone beyond just being digital art, they are widely becoming famous for their utility in Metaverse and GameFi, from virtual pieces of land and fashion to evolving digital avatars. In this article, we will discover Top NFT tokens, their features, the latest news, and more. But before that, what exactly are these NFTs?- NFTs, short for Non-fungible tokens, are digital assets with unique features- rarity, color, size, type, etc.- hosted on blockchain networks. 

ApeCoin (APE)

ApeCoin is a token meant to fuel ApeCoin Ecosystem and empower holders to part in the decentralized governance ApeCoin DAO. It is an ERC-20 token that came into existence from the inspiration of Bored Ape Yacht Club, one of the top-selling NFT projects by Yuga Labs. ApeCoin DAO runs this project with the objective of offering ApeCoin holders an open-source and permissionless infrastructure to come together and build a culture-driven web3 ecosystem with art, entertainment, gaming, and events. 

But, Apecoin is not just limited to its ecosystem, Yuga Labs and Animoca Brands have also adopted it as the primary token for their metaverse project and popular Benji Bananas game, respectively.

Read More: Top Altcoins in 2023

Latest News

• The ApeDAO community recently had its special council candidate election and is regularly working on various AIPs (Ape Improvement Proposals) for better development and operations of the community.

📢 GM ApeCoin 🦍

The first round of voting for the ApeCoin Special Council and Governance Working Group has concluded. 🗳️

— ApeCoin (@apecoin) June 22, 2023

APE Price Prediction 

• APE price is currently running at $2.21, with a rise of about 0.28% in the past 24 hours. APE price trading volume (24 hours) is at $103 million, and its market cap is at $816 million as of July 02, 2023.
• APE price had great movements at the beginning of the year, surging more than 80% within one month. However, it could not last long, and APE price followed a downtrend forming a death crossover of 200MA and 50MA at the beginning of April.
• APE price has diverged from the oversold region as displayed in RSI-14, and if the bulls manage to reverse it, APE price might reach $3 in the upcoming weeks.

Additional Read: Top Metaverse Crypto Projects

The Sandbox (SAND) 

SAND is another ERC-20 token that is used for interaction and transaction payments in the Sandbox 3D virtual world. The project is governed by a DAO community of SAND token holders, who vote on community proposals such as grant offerings to incentivize the production of high-quality content and interactive games and define the future direction of the Sandbox Foundation. 

Players need to have SAND tokens to access games, customize and upgrade their Avatars and other in-game objects, and buy Land pieces in the Sandbox metaverse. The game also has some exceptional tools for users to build their own games, NFTs, and a marketplace where they can sell their digital assets or claim ownership.

Latest News

• Sandbox has partnered with Meta Fight, a video game company, to release a time-limited MMA-themed game where users can experience realistic martial arts combats, collect fighters, build gyms and train them, etc. 

The Sandbox and @MetaFightOff have joined forces to bring you an exclusive MMA-themed experience! 🥊💥 Step into the virtual Octagon and explore a world where you can build your gym, train fighters, and compete against other players for epic rewards. 🏆🎮

Get ready to unleash… pic.twitter.com/zgCOQxUadC

— The Sandbox (@TheSandboxGame) June 30, 2023

SAND Price Prediction

• SAND price is currently running at $0.4453, rising about 5.94% in the past 24 hours. SAND price trading volume (24 hours) is at $153 million, and its market cap is at $832 million as of July 02, 2023.
• SAND price had been oscillating in a range of $0.48-$0.57 for almost one month before rejection from its 50-day moving average.
• Its RSI-14 above 50 levels suggests a bullish movement in the market, and if it continues and the SAND price rises above $0.48, it might make new highs.

Know More: Top NFT Games You Should Know

Decentraland (MANA)

As its name MANA (which means energy), this crypto token powers the Decentraland metaverse, enabling users to purchase, sell and develop virtual land parcels and other digital assets in the form of NFTs. This project has gained massive traction among crypto communities, with some of the big brands, such as Samsung, Sotheby’s, etc. buying their own lands, opening stores, and organizing events within this metaverse.

Decentraland DAO operates with the motive to achieve true decentralization and give MANA token holders the right to vote on the project’s governance. 

Latest News

Decentraland Game Jam 2023 is out now; it is based on a Lucid Dream theme and will happen till July 10. Individuals can collaborate with teams to participate in this Jam by Polygon to build new projects and games around Decentraland.

Powered by @0xPolygon #DCLGameJam23 has officially begun!🚀

🌌’Lucid Dreams’ theme
🗓️Closes July 10 11:59pm UTC
❗Must be an interactive DCL scene, max 100 MB, using SDK 7 & AI technology
🏆 Win MANA, LAND, Polygon swag, and more!

Get the full details👇https://t.co/VyFj8aPxGf pic.twitter.com/OL1Jed9l0t

— Decentraland (@decentraland) June 19, 2023

MANA Price Prediction 

• MANA price is currently running at $0.4011, with a rise of about 0.97% in the past 24 hours. MANA price trading volume (24 hours) is at $122 million, and its market cap is at $760 million as of July 02, 2023. 
• Similar to others, MANA’s price also had an incredible journey in the year beginning, but it has been dropping with rejection from the resistance level at $0.70.
• MANA price is presently near its 50-day moving average, and if it rallies above, it might touch $0.5 soon.

Immutable (IMX)

Next one we have on the top NFT tokens list- Immutable X, a layer2 solution made to scale NFTs built on the Ethereum blockchain. High gas fees and network congestion have always been an issue for blockchain networks, and Ethereum is worse in this. Users have to pay expensive gas fees to get their confirmed transaction faster and bear significant losses in case it fails. 

Immutable X offers users a ZK-technology-based platform where they can create, mint, and trade NFTs at near-zero gas fees and quick confirmation while ensuring their assets’ security. It can process 9000 transactions per second and has a native token IMX used to pay transaction fees and incentive participants.  

Latest News

• Immutable X is thriving with over 150 high-quality games leveraging its ecosystem. Some of its gaming partners include GameStop, iLogos, Mineloader, Secret6, and others.

So far, more than 150 high quality games have already committed to the Immutable ecosystem and Immutable is investing heavily in growing that number.

As these games choose to launch on Immutable zkEVM, they make the ecosystem more attractive to everyone https://t.co/cHzZQr68at

— Immutable (@Immutable) June 23, 2023

IMX Price Prediction 

• IMX price is currently trading at $0.7012, with a 24-hour trading volume of $20 million. The IMX price has fallen by 3.73% during the last 24 hours, with its market cap at $730 million as of July 02, 2023.
• IMX price also performed well in the first quarter of 2023 and has been falling since then. It recently touched a low of $0.58 but has sustained its price.
• If the IMX price continues with the same strength, it might soon touch $0.85.

Read On: Top Layer 2 Projects

Axie Infinity (AXS)

This one is an Ethereum blockchain-based battling game inspired by the popular Pokemon series. Axie Infinity lets users create, collect, and battle Axie creatures in NFT form. These Axs can be battled with others to earn something called experience points (exp) that can level them up or evolve in the gameplay. Each Axie NFT has six body parts in total with unique attributes & power and can be bred to other Axies to make new creatures. 

Axie Infinity Shards- AXS is the native token of Axie Infinity that provides token holders with the rights to participate in its ecosystem’s governance and treasury management.

Latest News

Axie Infinity has released new PvP dynamic creatures called Ragoons for the upcoming Homeland Alpha Season 3, with these shape-shifting creatures, players can disguise themselves and battle other players, stealing their points and more. 

1/ What in Atia’s name is a Ragoon?!

🥸 Disguise as an Adventurer
🥷 Steal Leaderboard Points
🔎 Protect yourself with the Spygum

📜 | https://t.co/NLQoszXUP7 pic.twitter.com/uo7F228zVo

— Axie Infinity (@AxieInfinity) June 21, 2023

AXS Price Prediction 

• AXS price is currently running at $6.26, with a rise of about 0.80% in the past 24 hours. AXS price trading volume (24 hours) is at $132 million, and its market cap is at $746 million as of July 02, 2023. 
• AXS price has been in a downtrend since January, recently touching a YDT low of $4.62, but bulls have managed to pull it back.
• AXS price RSI indicates a bullish sentiment in the market, and its price has risen above 50 MA after April. If the AXS price continues the same movement, it might soon reach $7.50.

How to invest in Top NFT Tokens 2023

Investing in Top NFT tokens is made easy, secure, and safe with the CoinDCX app. All you have to do is download the CoinDCX app and follow the below steps to start your crypto investing journey:

• Once you have downloaded the app, Enter your details to register
• Complete KYC and verify mobile & email
• After Verification, add funds to your wallet
• Buy any APE, SAND, MANA, IMX or AXS tokens.