Top NFT platform tokens you should get in July
- Interest in NFTs increased as GameStop released their public NFT marketplace.
- Axie Infinity saw a spike in NFT sales volume by 205% within the span of five days.
- Axie Infinity (AXS), Flow (FLOW), and Decentraland (MANA) are some of the best NFT platform tokens to get.
GameStop released a public non-fungible token (NFT) marketplace on July 11, 2022 that aims to enable gamers, creators, collectors, as well as anyone else, the opportunity to buy, sell or trade NFTs.
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Axie Infinity saw a spike in its sales of NFTs. Specifically, on July 7, 2022, the project’s co-founder, Jeff Zirlin, stated that the project was “healing,” where 22,000 Axies sold in the span of 24 hours, and the game saw 4,600 downloads in a single day.
On July 5, 2022, Flow announced that the permissionless deployment of smart contracts went live on the mainnet.
The Decentraland Bug Bounty program also went live on Immunefi, where the team called all bug hunters to help strengthen the security by giving up to $500,000 as a bounty.
Should you buy Axie Infinity (AXS)?
On July 12, 2022, Axie Infinity (AXS) had a value of $13.22.
The all-time high of Axie Infinity (AXS) was on November 6, 2021, when the token reached a value of $164.90.
When we go over the performance throughout the previous month, Axie Infinity (AXS) had its highest point of value on June 1 at $23.28.
Its lowest point of value was on June 18, when the cryptocurrency had a value of $12.
Here, we can see a decrease in value of $11.28 or by 48%. However, since then, the cryptocurrency has grown by $1.22 or by 10%.
With this in mind, we can expect AXS to reach $18 by the end of July 2022.
Should you buy Flow (FLOW)?
On July 12, 2022, Flow (FLOW) had a value of $1.48.
When we look at its all-time high, Flow (FLOW) had its ATH on April 5, 2021, at a value of $42.40.
Looking at how the token performed throughout the previous month, Flow (FLOW) had its highest point of value on June 1 at $2.73. Its lowest point was on June 18 at $1.2.
This gives us an indication that the cryptocurrency decreased in value by $1.53 or by 56%.
However, from June 18 to July 12, the cryptocurrency has increased by $0.28 or by 23%.
With this in mind, FLOW can reach $2.10 by the end of July 2022.
Should you buy Decentraland (MANA)?
On July 12, 2022, Decentraland (MANA) had a value of $0.8059.
When we take a look at the all-time high of the cryptocurrency, Decentraland (MANA) had its highest point of value on November 25, 2021, at a value of $5.85.
Going over the token’s performance throughout June, Decentraland (MANA) had its highest point of value on June 1 at $1.0965.
Its lowest point was on June 18 at $0.7371. Here, we can see a decrease in its value by $0.3594 or by 32%.
Since then, MANA has seen an increase of $0.0688, or 9%. With this in mind, we can expect MANA to climb to $1.2 by the end of July 2022.
Where to buy right now
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*Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.