NFTs are performing better than BTC and ETH but in times of crisis is even more important to identify the ones that will not just survive the bear market but also thrive.
It would be an understatement to say this is a scary time for crypto enthusiasts. With Bitcoin plummeting to around $20k and the threat of a new recession in the air, we’ve only got one thing on our minds – surviving the bear market.
According to top analysts, the crypto winter will last for around two years so it might be a good time to stock up on assets that have staying power.
Unfortunately, not every NFT collection is a safe investment.
The question is: which ones are?
You can use our NFT explorer to check out the performance metrics of NFT collections and gain insights into how each one is performing. In fact, we compiled this list using the data found there!
Here are some NFT collections we believe will help you get through these tough times:
Meebits have always been a hot commodity in the crypto market (just like everything else created by Larva Labs) in part because of their marketing and their ability to be used as avatars in the metaverse.
They’re still going strong in the bear market and at the time of writing, there were over 500 weekly sales with a trading volume of over $40M and a market cap of almost $98M.
Another Larva Labs creation, CryptoPunks has managed to stay relevant since its launch in 2017. These 8-bit portraits consistently fetch high prices and we don’t see it changing any time soon.
At the moment, CryptoPunks NFTs have seen 285 weekly sales, a trading volume of over $22M with a market cap of over 718M.
The collection everyone and everyone’s grandma heard about, Bored Ape Yacht Club is got solidified in the popular culture zeitgeist of the 21st century. If we’re to trust the current numbers, the apes will most likely stay popular even in the bear market.
There were 158 weekly sales at the time of writing, a trading volume of over $16M, and a market cap of $929M.
Terraforms has always been interesting because this is basically land art generated in a 3D world, meaning that each NFT represents a parcel of land.
At the moment, the NFT collection managed to generate 162 weekly sales with a trading volume of $20M and a market cap of $5.6M.
Nothing but stylish, each of the 10k Doodles NFTs is unique and put together from hand-drawn visual traits designed by Scott Martin (Burnt Toast) who worked with Google and Snapchat.
Doodles have seen 365 weekly sales at the moment of writing, a trading volume of $5.82M, and reached a market cap of over $160M.
The fact that there are 20k NFTs in this collection didn’t affect the floor price as Clone X NFTs initially sold for 14ETH. What’s more, the sales in this collection aren’t stopping despite the dire conditions in the crypto market.
At the current moment, this NFT collection managed to amass 420 weekly sales with a trading volume of $5.58M and a market cap of over $223M.
What CyberBrokers has got going for it is the exclusivity. The sale for these NFTs, designed by Josie Bellini, was completely allow-listed, turning these pieces into a hot commodity.
There are no weekly stats for this collection. However, at the time of writing, there were 13 daily sales and a trading volume of $34k, with the market cap being over $24M.
As the name suggests, this collection is a strictly curated offering in the Art Blocks suite featuring releases by renowned artists. Some series are in great demand, most notably the ‘’Findenza’’ series created by Tyler Hobbs.
At the time of writing, these NFTs had 1.68k weekly sales, increasing the trading volume to $4.12M and the market cap to $18.7M
After the founder of this project revealed that their team previously abandoned several crypto projects, the crypto community declared the collection dead. However, judging by the recent numbers, Azuki didn’t die.
These NFTs still managed to reach 274 sales this week, with a trading volume of $3.74M and a market cap of over $135M.
Another gem created by Larva Labs, Autoglyphs is a generative art NFT collection that quickly sold out as the proceedings went to charity. But, because there are only 512 of them in the collection, these art pieces continue to thrive in the secondary market.
There are no weekly stats available, but the floor price of these NFTs at the moment is over $200k, and the market cap is around $107M.
Winter essentials
While it’s not possible to make exact assessments about which digital assets are a safe bet, the NFT collections mentioned here do show promise. They’ve performed well in a reasonable time frame and their communities are still buzzing.
Make sure to periodically check up on them using our NFT explorer to see how affected they might be by the crypto winter. With times like these, every bit of help is welcome.
