One of the biggest selling factors of non-fungible tokens just happens to be the profitability factor. This is very much expected since – let’s face it – most of us are in it for the money! That was the biggest reason behind the BOOM in the first place! All the most expensive NFTs out there with ridiculous resale prices! Which brings up the question: what are the most profitable NFTs out there?
A huge part of picking the right NFT to invest in lies in how much cashback you could be looking at! How much money will you make investing in a specific project? Despite the obvious market decline, people are still making thousands of dollars worth of cryptocurrency! Therefore, we’ve made this list of the top 10 most profitable NFTs with the highest cashback!
THE MOST PROFITABLE NFTs
So, usually the most profitable NFTs are any NFTs that you buy AT minting. This is because – if it’s a worthy project – the price will skyrocket from there. But, those who were lucky enough to score in the public mint, will probably make a fortune.
The same applies to pre-sale opportunities where you get a chance to mint before the public launch. However, this means that you will also have to score a place on whitelists. And, for projects with good cashback potential, that’s definitely not gonna be easy! Therefore, all that’s really left for you is going for the floor price.
The floor price is basically the lowest price (set by the seller) you can pay to mint. In other words, the lowest amount of money you can pay to become part of an NFT project. An owner of an NFT in a project is listing for sale at a price lower than the rest. High floor prices are good indicators of demand, utility offerings, and brand reputation. So, here are the most profitable NFTs with the highest floor prices according to values from CoinGecko:
#1 Bored Ape Yacht Club (BAYC)
So, the most profitable NFTs of all the NFTs on this list is Bored Ape Yacht Club. The floor price is currently at 91.5 ETH which is about $163,812.
The collection launched on April 23, 2022, with 10,000 uniquely generated bored apes on the Ethereum blockchain. The initial minting price for Bored Ape Yacht Club was 0.08 ETH.
Second, on our list of most profitable NFTs is Crypto Punks. The floor price is currently 47.45 ETH which is about $84,962.
CryptoPunks NFTs launched on June 23, 2022, with a 10,000 collection of digital misfits on the Ethereum blockchain. The initial minting price for a CryptoPunk was actually FREE of charge! All you had to do was pay the gas fees charged at the time!
And then there’s the utility-enabled PFPs collection – Moonbirds. It is also one of the most profitable NFTs you can invest in. It currently has a floor price of 19.79 ETH which is about $35,435.
The Moonbirds NFT collection dropped on April 16, 2022, with a 10,000 asset collection of moon birds! The initial minting price for a Moonbird was 2.5 ETH.
#4 Mutant Ape Yacht Club (MAYC)
Also, more options on the most profitable NFTs would be the Mutant Ape Yacht Club. The floor price is currently at 18.7 ETH which is equivalent to around $33,483.
Mutant Ape Yacht Club launched on August 28, 2021, in a collection of 20,000 mutant apes. The initial minting price for these apes was 3 ETH. However, Bored Ape Yacht Club NFT holders got to mint the Mutant Apes for free. Only paying gas fees.
#5 Admit One (ADMIT)
The 1,000-member group of Web3 enthusiasts behind Admit One is one of the biggest reasons it’s on here! They’re one of the most profitable NFTs with a current floor price of 15.6 ETH which amounts to about $27,9323.
Admit One launched on May 25, 2022, with a collection of 1,000 assets and NO initial mint price. In other words, just like the CryptoPunk launch, it was free to mint. Just paying the gas fees!
Next, there’s Doodles – one of the most fun and most profitable NFTs out there! The current floor price for Doodles is 11.8 ETH which is $21,140.
Doodles launched back on October 17, 2021, in a collection of 10,000 doodles. The initial price for minting was 0.123 ETH.
Although we’re moving down the scale a little, the Azuki NFTs are still one of the most profitable NFTs! And, despite all the rug pull talk – even though it is not – there’s still so much money in Azuki! The floor price is currently at 10.89 ETH which is around $19,499.
The Azuki collection debuted on January 12, 2022, in a collection of 10,000 avatars. It had an initial minting price of 1 ETH.
And, then there’s also RTFKT’s CloneX NFTs with a current floor price of 10.5 ETH which is about $18,800. The collection of a little over 10 ETH floor prices makes it one of the most profitable NFTs for investments! Easy cash back!
CloneX’s fully 3D avatar collection dropped near the end of November 2021 with almost 20,000 avatars. The initial minting price was 2 ETH.
#9 Bored Ape Kennel Club (BAKC)
Another great collection from the creators of the Bored Ape Yacht Club is the Bored Ape Kennel Club (BAKC). Yes, it is a collection of NFT four-legged companions to keep you BAYC NFT company during their virtual nights. The floor price is currently at 6.68 ETH which is about $11,960.
Bored Ape Kennel Club launched on June 18, 2021, in a collection of 9,602 unique digital items. BAYC owners could mint their companion for FREE just by paying for the gas fees too.
Moving on, we’ve got VeeFriends – a collection of characters with all kinds of traits. And. one of the most NFTs you could buy into! The current floor price is at 6.49 ETH which amounts to around $11,627!
So, VeeFriends dropped on May 11, 2021, in a collection of 10,255 NFT friends. The initial minting price for VeeFriends was $995 worth of Ethereum.
#11 The Currency
Finally, the last most profitable NFTs on this list is The Currency NFTs with a current floor price of 5 ETH. This is currently about around $8,952!
The collection by Damien Hirst consists of 10,000 NFTs that correspond to 10,000 unique works on paper. Work that was created back in 2016. The collection launched back on July 29, 2021, at $2,000 worth of cryptocurrency.