Top 10 Cheap NFTs for July 2024

The cryptocurrency world offers us truly intriguing projects that aim to revolutionize how we perceive and use the internet, assets, and everything happening online. Among many projects being developed and launched, NFTs (Non-Fungible Tokens) may be among the most popular concepts we work with daily.

Suppose you are passionate about NFTs and plan to diversify your digital collectibles portfolio with little investment. In that case, weve prepared a list with some of the top cheap NFTs you should look into this month.

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:

Affordable Price Range Each NFT in our list is priced at a maximum of $125;
Reasonable Collection Volume Weve focused on NFT collections with a sensible volume, balancing scarcity and availability;
Positive Price Evolution The selected NFTs have shown favorable price trends since their launch, indicating potential for future value appreciation;
Trusted Creators Weve handpicked NFTs from known/reputable authors;
Community Approval The 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.

10 Cheap NFTs to Buy in July
FAQ
Final Thoughts on the Top Cheap NFTs

10 Cheap NFTs to Buy in July

The Beacon

Launched: November 2022;
Status: Available;
Chain: Arbitrum;
Minimum price: 0.0001 ETH ($0.34);
Total volume: 1,733 ETH.

The Beacon is a free-to-play fantasy RPG with a twist! While you can explore perilous depths and hone your combat skills as a free player, true ownership awaits with The Beacons NFT collection.

Founding Character NFTs grant exclusive in-game benefits like access to unique loot and character customization, while rare Generation-0 Moonfae pets offer yield boosts and unique blessings to enhance gameplay.

ENS: Ethereum Name Service

Launched: May 2019;
Status: Available;
Chain: Ethereum;
Minimum price: 0.0008 ETH ($2.72);
Total volume: 94,636 ETH.

ENS: Ethereum Name Service is an NFT collection consisting of over 3.4 million unique digital assets that represent secure domain names for the decentralized world.

Ethereum Name Service domains can provide a way for 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.

Base, Introduced

Launched: February 2023;
Status: Available;
Chain: Ethereum;
Minimum price: 0.0017 ETH ($5,78);
Total volume: 1,824 ETH.

Base, Introduced is an Ethereum L2 collection consisting of the most essential traits, such as being secure, cheap, and developer-friendly. Therefore, by minting it, you can showcase your enthusiasm for the testnet launch and join the broader Base community.

Be sure to grab a digital collectible from this NFT collection while its hot and cheap!

Parallel Alpha

Launched: March 2021;
Status: Available;
Chain: Ethereum;
Minimum price: 0.0406 PRIME ($0.35);
Total volume: 80,242

Parallel is a free-to-play sci-fi-based competitive card game that allows players to decide the fate of humanity by choosing the right cards to bank each turn. Players gain energy that allows them to play units, relics, effects, and upgrades.

There are various combinations of cards that can create a powerful winning strategy. Parallel has 5 unique factions with 15 game changing leaders, each with their own active/passive abilities helping users craft a unique strategy.

Parallel Alpha is the card-based NFT collection empowering the Parallel ecosystem. There are 1,276 unique items, with a total of 5.9 million items in the collection, all representing cards that can be used in the Parallel game.

SuperRare

Launched: May 2018;
Status: Available;
Chain: Ethereum;
Minimum price: 0.0198 ETH ($67.29)
Total volume: 71,086 ETH.

SuperRare is one of the biggest NFT marketplaces, with numerous prominent collections leveraging it to promote themselves. SuperRare allows users to create, sell, and collect digital art with the help of blockchain technology and smart contracts.

SuperRares NFT collection is available on OpenSea and reunites plenty of stunning digital collectibles under the umbrella of a trustworthy and well-known name. The collection consists of 43,300 NFTs and one of the most interesting facts is that the creator earnings are 0%.

Creature World

Launched: August 2021;
Status: Available;
Chain: Ethereum;
Minimum price: 0.021 ETH ($71.37)
Total volume: 36,549 ETH.

Creature World is a stunning NFT collection consisting of 9,998 digital collectibles, each carefully showcasing emotions, feelings, and abstract concepts. Through calm, yet intriguing colors and designs that keep on surprising users, Creature World aims to surprise NFT enthusiasts with genuine art.

WVRPS by WrapSound (Official)

Launched: January 2022;
Status: Available;
Chain: Ethereum;
Minimum price: 0.0095 ETH ($32.29);
Total volume: 6,311 ETH.

WVRPS by WrapSound (Official) is the first hybrid generative PFP + AI-composed music NFTs developed on the Ethereum network. The collection consists of 9,999 digital collectibles, all based on the WrapSound virtual artists Nayomi and Gnar Heart + DJ Dragoon.

WVRPS by WrapSound (Official) was created by Emmy-winning illustrator Andy Poon, and the original music entirely composed with the help of AI (Artificial Intelligence) uses the virtual traits of the PFPs.

The Memes by 6529

Launched: June 2022;
Status: Available;
Chain: Ethereum;
Minimum price: 0.0169 ETH ($57.44);
Total volume: 23,897ETH.

There are so many things that can influence memes that you cant even think of all of them, but The Memes is here to bring some of the most engaging memes closer to all NFT enthusiasts. The main goals of the NFT collection are to fight for the open metaverse (decentralization, community, and self-sovereignty) and spread the message to as many users as possible.

The Memes is an NFT collection developed by 6529, a digital artist that aims to prove once more that anything can be the seed of a meme, and memes can change the perception of many worldwide, thus confirming what it takes to make a change.

Nakamigos-CLOAKS

Launched: August 2023;
Status: Available;
Chain: Ethereum;
Minimum price: 0.0213 ETH ($72.39);
Total volume: 2,524 ETH.

This 20K unique pixelated character collection offers worldwide gaming and commercial rights to all holders through a Cloaks agreement.

When discussing the characters of Nakamigos-CLOAKS, they are presented in multiple forms and with different attributes and add-ons, thus offering you plenty of options.

PXN: Ghost Division

Launched: May 2022;
Status: Available;
Chain: Ethereum;
Minimum price: 0.017 ETH ($57.78)
Total volume: 46,746 ETH.

PXN: Ghost Division aims to showcase the hidden part of Web3, where fantasy blends with wonder, danger, and a pinch of rage. The ghosts of Web3 as dark as they are fearless, being presented in rather shadowed corners.

However, the parts that are emphasized the most are their eyes, filled with color and brightness, the will to do the job no matter what or how, and the light that, as much as some might think otherwise, makes itself room almost everywhere.

FAQ

What is the Lowest Price of an NFT?

An NFTs price strongly depends on the 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 lazy minting.

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 cheap NFTs can be riskier compared to 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 investing in NFTs, its essential to thoroughly research the options available, assess the quality and demand of the NFTs, and be prepared for potential market fluctuations.

What are the Cheapest NFT Collections?

Given the many existing projects, it is impossible to know which are the cheapest NFTs on the market. Still, you may find the cheapest NFT collections at newly launched crypto projects and new NFT creators that are still hardly working 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.

Final Thoughts on the Top Cheap NFTs

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 some.

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 July 2024 helped you find your go-to for this month.

The post Top 10 Cheap NFTs for July 2024 appeared first on Coindoo.

Text source: Coindoo

Non-Fungible Tokens