Top 5 NFT Collections to Look Out for in 2023

• BoredApeYachtClub (BAYC) is the leading NFT collection as per estimated market capitalization.
• NFTs have carved out a niche and become a more independent sector of the digital assets industry.
• The top 5 NFTs include BAYC, Cryptoadz, Azuki, Dreadfulz, and CloneX.

NFTs have reshaped the digital collectibles landscape in recent years, with several blockchain-based collections gaining immense popularity. According to recent data from CoinmarketCap, several NFT collections have secured positions within the top 5. Among the top is the BoredApeYachtClub (BAYC), a leading NFT collection by estimated market capitalization. Other NFT collections include Cryptoadz, Azuki, Dreadfulz, and CloneX.

BoredApeYachtClub (BAYC)

The BAYC is a collection of 10,000 unique Bored Ape NFTs on the Ethereum blockchain. Owning a Bored Ape NFT offers users particular benefits, including doubling in Yacht Club membership status and accessing some sections of the project’s ecosystem. BAYC had an estimated market cap of 261,878 ETH at the time of writing, according to data from CoinmarketCap, with a floor price of 26.14 ETH.

Cryptoadz

Cryptoadz is a collection of NFTs designed as amphibious creatures. The creatures are set in the storyline of a community seeking to regain power from an invader who took over their territory. Users can participate in the Cryptoadz minting process embedded into the project’s storyline. Cryptoadz had an estimated market cap of 189,169.87 ETH at the time of writing, with a floor price of 0.5TH. Cryptoadz is an Ethereum-based NFT project.

Azuki

Azuki is an anime brand NFT project developed by Chiru Labs and based on the Ethereum blockchain. There are 10,000 unique NFTs in the Azuki ecosystem, all of which are generative avatars. Azuki is a Web3 project that launched on January 12, 2022. CoinmarketCap showed the estimated market cap of Azuki as 44,659 ETH, while the NFT’s floor price remained at 4.1899 ETH at the time of writing.

Dreadfulz

Dreadfulz joined the top 5 NFT collections on CoinmarketCap with an estimated market cap of 35.77 ETH. It is an Ethereum-based NFT project consisting of 7,777 unique NFTs that come in the form of weird-looking art pieces with distinct and scary features. Dreadfulz is famous for offering holders the opportunity to stake their NFTs and earn rewards. Dreadfulz’s floor price at the time of writing was 0.0089 ETH.

CloneX

CloneX is an NFT project that imbibes blockchain validation, augmented reality, and other emerging technologies to create digital artifacts that could transmit human consciousness to sophisticated clone forms. CloneX is based on the Ethereum blockchain and had an estimated market cap of 23,014 ETH, with a floor price of 1.112 ETH at the time of writing.