Best Cheap NFT Collections for October 2024
We live in a time when the cryptocurrency world offers us truly intriguing projects that aim to revolutionize how we perceive and use the internet, assets, financial investments, and everything happening online.
Among many projects being developed and launched within the crypto space, cheap NFTs (non-fungible tokens) may be among the most popular concepts today.
However, given the state of the NFT space at the end of Q3, when the total market dropped in sales by 50% and closed with a sales volume of $1.12B, its no wonder youre looking for the best but cheap NFT collections with ample utility, you landed on the right page.
Not to mention that NFTs usually cost a fortune, we have an alternative: disclosing the cheapest NFT projects to diversify your NFT collections with little investment. As such, weve prepared a list of some of the top cheap NFT art projects you should look into in October.
So, lets get started and discover the cheapest NFT projects!
How Did We Choose the Best & Cheap NFT Projects?
Before we dive into our selection of top cheap NFTs for sale, we must understand the criteria guiding our choices.
Weve meticulously followed these guidelines to ensure a list of promising picks to add to your digital collectibles portfolio with little investment:
Affordable Price Range
- The cheap NFTs on our list are priced at a maximum of $125 sale price, so you have a variety to choose from.
Reasonable Collection Volume
- Weve focused on cheap price NFTs with a sensible volume, balancing scarcity and availability in the NFT marketplace.
Positive Price Evolution
- Since their launch, the selected cheap NFT projects have shown favorable price trends, indicating potential for future value appreciation.
Trusted & New NFT Creators
- Weve handpicked NFT projects from trusted or new NFT artists.
NFT Community Approval
- The cheap NFT projects weve included have garnered positive feedback from various communities, including platforms like Twitter, attesting to their overall credibility and potential.
Now, with these key elements in mind, lets explore the top cheap NFTs that have the potential to be gems in your collection.
The 10 Best Cheap NFTs Worth Buying in October
1. Notable Pepes
- Launched: January 2023;
- Status: Available;
- Chain: Ethereum;
- Lowest Price: 0.0025 ETH ($6.47);
- Total Volume: 5,211 ETH.
PEPE is one of the best memes ever and can be considered a pretty popular meme coin project. It has intrigued many NFT enthusiasts and still is a top gainer in this category.
Notable Pepes is an NFT collection consisting of almost 240,000 items. Created by Vincent van Dough, Notable Pepes features Pepes that may or may not be notable.
However, one thing is for sure: the digital collectibles from this NFT project are truly stunning and put Pepes in so many different situations.
2. ENS: Ethereum Name Service
- Launched: May 2019;
- Status: Available;
- Chain: Ethereum;
- Lowest price: 0.0005 ETH ($1.32);
- Total volume: 97,351 ETH.
ENS: Ethereum Name Service is an NFT collection consisting of over 3.5 million unique digital assets that represent secure domain names for the decentralized world.
Ethereum Name Service domains can allow users to map human-readable names to blockchain and non-blockchain resources, such as Ethereum addresses, website URLs, or IPFS hashes.
Another great thing about the digital collectibles from the ENS: Ethereum Name Service NFT collection is the fact that they can be easily purchased, sold, or traded on secondary markets.
Furthermore, in our case, this NFT collection features an interesting topic related to the most viewed political event within the last months.
3. The Wanderers
- Launched: August 2021;
- Status: Available;
- Chain: Ethereum;
- Minimum price: 0.0205 ETH ($53.04);
- Total volume: 4,857 ETH.
The Wanderers invite you to embark on a cosmic trip to an odyssey, an immersive universe where 8,888 intergalactic pilots have united to reveal ancient secrets from space. The characters forge alliances in a dynamic, ever-expanding battleground for survival, camaraderie, and the pursuit of a common destiny.
4. Rug Radio Faces of Web3 by Cory Van Lew
- Launched: February 2023;
- Status: Available;
- Chain: Ethereum;
- Minimum price: 0.0119 ETH ($28.97);
- Floor Price: 0.0119 ETH;
- Total volume: 934 ETH.
Radio Rug is another creator in our top cheap NFTs for sale, with the Faces NFT collection by Cory Van Lew, which presents a colorful NFT collection with over 20,000 digital collectibles. As a result, the PFP grants you access to the Rug Radio ecosystem, the Membership Passes, and their Genesis NFTs.
5. Creature World
- Launched: August 2021;
- Status: Available;
- Chain: Ethereum;
- Lowest Price: 0.0332 ETH ($87.33);
- Total Volume: 36,609 ETH.
The Creature World NFT collection consists of 10,000 unique digital artworks designed by Danny Cole and dedicated to conveying a dream world. His art concept surrounds the main protagonist, The Creature.
Moreover, this collection visualizes the Creatures spirit and breaks any norm regarding age, gender, or nation. If you support the concept, this cheap NFT art collectible, along with fine artworks, exhibitions, clothing, and other physical goods, could be yours.
6. EmBells #5689
- Launched: August 2023;
- Status: Available;
- Chain: Ethereum Network;
- Minimum Price: 0.007 ETH ($18.41);
- Total Volume: 281 ETH.
This NFT project, EmBells, comprises 10K NFT digital art collectibles from the Bellscoin blockchain. But this isnt a solo project, as the design was created by Viva La Vandal and curated by Emblem Vault.
What is striking about this NFT collection is that it was the worlds first cross-chain NFT project, created by Emblem Vault. This means that it allows users to mint NFTs on any chain.
7. Ghost Lab Collection | Ghost Lab #1803
- Launched: August 2022;
- Status: Available;
- Chain: Ethereum Network;
- Minimum Price: 0.05 ETH ($131.52);
- Total Volume: 107 ETH.
The Ghosts Lab NFT collection features cute NFT characters designed in a colorful, vibrant, and captivating manner. Yet, theres also a fascinating story behind the project.
The collection centers around a mysterious LAB explosion was it an accident, or was something more sinister at play? The fate of the scientists remains unknown, leaving many questions unanswered.
If this NFT project interests you, check it out and choose your favorite from 10,000-friendly Pixel Ghosts!
8. V1 Phunks #6714
- Launched: February 2022;
- Status: Available;
- Chain: Ethereum Network;
- Minimum Price: 0.0034 ETH ($8.92);
- Total Volume: 261 ETH.
CryptoPunks is an NFT project that offers a collection of pixel art images generated algorithmically. Most depict punky-looking individuals, but there are also rarer variations, including Apes, Zombies, and even the occasional Alien.
Each punk has its own profile page displaying its unique attributes and ownership status.
Also, CryptoPunks pioneered the concept of profile picture collectibles on Ethereum, setting a new standard within cryptocurrencies. The subsequent 10,000 series collections were heavily inspired by their design and aesthetic.
9. Kitaro World | Kitaro #2977
- Launched: July 2023;
- Status: Available;
- Chain: Ethereum Network;
- Minimum Price: 0.0395 ETH ($103.65);
- Total Volume: 7,395 ETH.
Kitaro World is a global community-focused brand that bridges the gap between the digital and physical realms, bringing storytelling to life through immersive and interactive experiences.
This NFT project aims to empower the community to develop its own intellectual property alongside them. As a result, the Greenhouse Launchpad provides a platform for holders to nurture and fund their own projects within our ecosystem.
10. The Warlords of Champions Tactics by UbisoftCT
- Launched: December 2023;
- Status: Available;
- Chain: Ethereum Network;
- Minimum Price: 0.0243 ETH ($63.66);
- Total Volume: 3,341 ETH.
Ubisofts Champions Tactics Grimoria Chronicles launched 9,999 unique concept digital collectibles called Warlords, whereby each Warlord gives you access to the Champions mint, VIP community perks, and exclusive in-game bonuses. Assemble your team of Champions and compete in tactical PvP battles to become a legend of Grimoria.
FAQs
What are the Cheapest NFTs?
The NFTs price strongly depends on market conditions and many other details about the digital collectibles. While some NFTs can be earned for free through various NFT airdrops and giveaways, others might have high prices.
However, it is essential to note that NFTs with shockingly low prices may keep their value unchanged. Of course, there are some exceptions, but they rarely occur.
Can NFTs Be Created for Free?
Yes, NFTs can be developed for free on specific platforms. Platforms like OpenSea and Rarible allow users to mint NFTs on the Ethereum blockchain without any initial fees.
This process is called lazy minting, where you can create an NFT and put it up for sale without it being immediately written to the blockchain.
When a buyer shows interest and purchases, the fees for writing and storing the NFT on the blockchain are combined with the fees for transferring it to the buyer.
However, its important to note that both platforms take a percentage fee from any sales you make, which may affect you over time.
So, if you want to profit significantly from minting NFTs, we do not recommend using a lazy minting process.
How Much Does 1 NFT Cost?
NFTs can range from just a few cents to millions of dollars. The cost of one NFT can vary significantly depending on several factors.
The price of an NFT is determined by the digital asset being sold, the platform or Marketplace where it is listed, the artist or creators reputation, rarity, demand, and current market conditions.
Are Cheap NFTs a Good Investment?
Investing in some of the best cheap NFT projects can be riskier than investing in higher-priced ones. While some cheap NFTs may potentially gain value over time, they are generally considered more speculative and may not always result in significant profits.
If youre considering buying NFTs, its essential to thoroughly research the options available, assess the quality and demand for the NFTs, and be prepared for potential market fluctuations. You can also check out the secondary market OpenSea.
What are the Cheapest NFT Collections?
Given the many existing projects, knowing which are the cheapest NFTs on the market is impossible.
Still, you may find the cheapest NFT collections at newly launched crypto projects and new NFT creators who are still struggling to become popular and holding various events where users can purchase NFTs for low prices.
What are Blue-Chip NFTs?
Like blue-chip cryptocurrencies, blue-chip NFTs are also quite expensive, and we do not recommend getting into them.
However, if you have the financial means, you do have the option to buy them. Some examples of blue-chip NFTs are those in the CryptoPunks or Bored Ape Yacht Club collections.
Best Cheap NFTs Final Thoughts
As we mentioned, the number of NFTs available on the market is so significant that no one wastes their time counting them; instead, they choose to buy NFTs to diversify their investment and bring a visual spark to their portfolio.
Considering that there are plenty of platforms listing NFT collections, you can easily find some digital collectibles that you like and would want to become part of your portfolio.
We hope our list of the top cheap NFTs for October 2024 helped you buy cheap NFTs.
The post Best Cheap NFT Collections for October 2024 appeared first on Coindoo.
Read more: https://coindoo.com/top-cheap-nfts/
Text source: Coindoo
