Top 10 Cheap NFTs for May 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 $140;
- 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.
Table of contents
Notable Pepes Pepe Checks
- Launched: January 2023;
- Status: Available;
- Chain: Ethereum;
- Minimum price: 0.0006 ETH ($1.74);
- Total volume: 5,187 ETH.
Heres an interesting NFT collection for the PEPE meme coin fans Notable Pepes, designed and developed by an emerging NFT and digital art creator, Vincent Van Dough.
The Notable Pepes collection gathered many artists, such as OG Rare Pepe and Fake Rare, along with other ETH artists, to offer something back to the PEPE fan base community.
As a result, this NFT collection surprised even its creator, surpassing its expectations due to such endeared reinforcement from the community and the artists.
CryptoRayRays
- Launched: August 2021;
- Status: Available;
- Chain: Ethereum;
- Minimum price: 0.0035 ETH ($12.37);
- Total volume: 2,084 ETH.
If youre looking for a PFP NFT collection with exciting visuals and a visible influence from other extremely popular NFT projects, CryptoRayRays can be an option worth considering.
CryptoRayRays is a collection consisting of 9,671 items, each and every one of them being perfect for a profile picture. The NFTs from CryptoRayRays showcase dogs created through pixel art, and the creator of the collection mentioned that they were influenced by CryptoPunks, which is one of the most popular NFT collections of all time.
CryptoPunks inspired them to design and develop this NFT collection, which contains collectible tokens with proof of ownership stored on the Ethereum blockchain. Your token allows unlimited pets and belly rubs.
Fomo Mofos
- Launched: January 2022;
- Status: Available;
- Chain: Ethereum;
- Minimum price: 0.0048 ETH ($13.93);
- Total volume: 7,197 ETH.
Fomo Mofos is a unique collection developed by the famous artist Jasper Wong, with 8,008 collectibles. The colorful world inspires the collection the artist loved growing up, whereas each Fomies brings distinctive traits, in hundreds of variables, for each of you.
The planet Fomo Mofo brings together a like-minded community that grew up with a keen eye for art, loved art and culture, and enjoyed food, anime, pets, cartoons, TV shows, crypto, and NFTs, with a 90s feel and touch.
Fluffy Polar Bears
- Launched: March 2022;
- Status: Available;
- Chain: Ethereum;
- Minimum price: 0.0049 ETH ($17.32);
- Total volume: 1,437 ETH.
Consisting of 9,441 digital collectibles, Fluffy Polar Bears surprises users with fun designs that show polar bears wearing various outfits.
According to the creators, after a very harsh ice age, polar bears were the only species that survived. Now, they need to explore the world, create inventions and a world of polar bears cold, funky, and interesting.
Fluffy Polar Bears was designed by Selcuk Erdem, a famous cartoonist who hand-drew each bear and its accessories.
Momoguro: Holoself
- Launched: March 2023;
- Status: Available;
- Chain: Ethereum;
- Minimum price: 0.0099 ETH ($28.72);
- Total volume: 11,485 ETH.
The multimedia franchise Momoguro displayed a stunning 8,888 collection of the Holoself Avatars, the key to exploring the Uno Plane. The Momo Quest game on Roblox and the upcoming Legends of Uno focuses on interactive experiences where the fate of uno is in your hands.
Baobab Studios created the Emmy-winning animation and story, encompassed in a narrative RPG game where creatures of all shapes and sizes use the magical power of Momoguro Energy to merge, forming ultra-powerful Momo beasts with unique abilities.
Akumu Dragonz
- Launched: May 2022;
- Status: Available;
- Chain: Ethereum;
- Minimum price: 0.011 ETH ($31.92);
- Total volume: 5,523 ETH.
Akumu Dragonz gathers a comprehensive 10,000 Dragon NFTs developed on the Ethereum blockchain for all dragon fanatics worldwide. Related to the Bryoku Dragonz NFT collection from the Solana blockchain, Akumu Dragonz builds cross-chain interoperability.
Moreover, Dragonz holders gain access to a robust multi-chain community and get access to exclusive airdrops and engaging experiences.
Visions of the Void
- Launched: October 2023;
- Status: Available;
- Chain: Ethereum;
- Minimum price: 0.0143 ETH ($41.49);
- Total volume: 119 ETH.
Visions of the Void is an NFT collection of 4,444 digital collectibles created by the same team behind Space Riders. Space Riders is a Web3-native brand that brings together creators, artists, and entrepreneurs.
Along with the Space Riders NFT collection, Visions of the Void allows users to discover creatures with remarkable traits and powers, as it focuses on Seekers, Swarms, and Spirits.
Seekers are the masters of assimilation, Swarms are agents of cosmic convergence, and Spirits are the eternal void guardians. The collection is available on OpenSea, Blur, and LooksRare.
Song a Day
- Launched: December 2021;
- Status: Available;
- Chain: Ethereum;
- Minimum price: 0.0196 ETH ($56.87);
- Total volume: 398 ETH.
Jonathan Mann, the creator of the Song a Day NFT collection, holds the Guinness Record for the longest continuous daily song publishing. He is also referred to as The Beeple of Music.
Thus, Jonathan Mann decided to share his song with the crypto community and created Song a Day, an NFT collection consisting of 5,117 items (at the moment) with the songs he composes every day.
He aims to share his daily stories with the world, and his work gained tens of thousands of users around his project. He decided to turn his songs into NFTs to provide royalties and governance of his entire catalog through SongADAO.
The Memes
- Launched: June 2022;
- Status: Available;
- Chain: Ethereum;
- Minimum price: 0.0265 ETH ($76.89);
- Total volume: 23,666 ETH.
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.
HasbullaNFT
- Launched: January 2023;
- Status: Available;
- Chain: Ethereum;
- Minimum price: 0.0349 ETH ($101.26);
- Total volume: 1,448 ETH.
In 2024, there isnt a single person who doesnt know about Hasbulla Magomedov, and as a result, the demand for the only verified 10K HasbullaNFT collection came naturally.
What is striking about this hand-drawn NFT collection is that it embodies real-world and online utilities on the Ethereum blockchain. As a result, anyone could get a chance to meet Hasbulla virtually, access to semi-annual, real-life events, the possibility of earning a passive income by staking the NFTs, and many more!
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 are holding various events where users can purchase NFTs for pretty 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 May 2024 helped you find your go-to for this month.
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