2021 vs. 2022 vs. 2023: Analyzing the Most Popular NFT Collections on CoinGecko

By 0xGorki 09/24/23 11:32 AM

Non-Fungible Tokens (NFTs) have taken center stage as digital collectibles and assets. Coingecko, a prominent crypto data aggregator, recently released a report shedding light on the most popular NFT collections as of September 22, 2023. The report provides insights into the NFT landscape, revealing intriguing trends and surprising developments within this burgeoning market.

The most noteworthy revelation in the Coingecko report is that Nakamigos has emerged as the most popular NFT collection, captivating the attention of 1,234 users who have added it to their watchlists. Nakamigos’ surge in popularity is striking given its relative novelty, showcasing the enthusiasm of investors and collectors in tracking this particular collection closely.

Coming in second place is the renowned Bored Ape Yacht Club (BAYC) by Yuga Labs, with 1,076 users closely monitoring its performance. This solidifies BAYC’s position as a significant player in the NFT space. Following behind are CyberKongz and bitmap, with 867 and 851 watchlist saves, respectively, making them notable contenders.

A notable highlight among NFTs launched in 2022 is the renaissance of Pixelmon, which has resurfaced as a popular collection, garnering 786 user watchlists. This revival underscores the potential for NFTs to make comebacks and maintain their appeal within the ever-fluctuating market.

Coingecko’s report reveals that NFTs minted in 2021 continue to dominate in popularity, claiming 12 out of the top 30 spots on the platform. These 2021 NFTs have managed to withstand the test of time, proving their resilience in both brand recognition and community support. However, even NFT collections launched during the challenging bear market have secured a robust presence in the rankings.

Surprisingly, 2023 NFTs account for 9 of the top 30 most popular NFTs, slightly surpassing those minted in 2022, which make up 8 of the top 30. This suggests that 2022 might have presented challenges for NFT collections, offering a more optimistic outlook for 2023. As the year progresses, it remains to be seen whether more 2023 NFT collections will gain traction.

While NFTs are expanding across various blockchain networks, Ethereum remains the predominant platform for NFT activity. A staggering 24 out of the top 30 most popular collections on CoinGecko are Ethereum-based NFTs. In comparison, only 4 Solana NFTs and 2 Bitcoin Ordinals NFTs have secured spots in the coveted top 30 rankings.

Notably, besides bitmap, another prominent Ordinals NFT making waves is Bitcoin Frogs, which has captured the interest of 685 watchlist users. Among the most popular Solana NFTs, GGSG: Galactic Geckos stands out in the top 10, with 722 watchlist saves.

For those looking to stay informed about the hottest NFT collections, here’s a snapshot of the top 30 most highly watched NFT collections on CoinGecko as of September 22, 2023:

Nakamigos – 1,234 watchlists
Bored Ape Yacht Club (BAYC) – 1,076 watchlists
CyberKongz – 867 watchlists
bitmap – 851 watchlists
Pixelmon – 786 watchlists
GGSG: Galactic Geckos – 722 watchlists
Bitcoin Frogs – 685 watchlists
Pudgy Penguins – 685 watchlists
Azuki – 661 watchlists
Redacted Remilio Babies – 661 watchlists
Milady Maker – 648 watchlists
YOU THE REAL MVP – 645 watchlists
Parallel Avatars – 634 watchlists
Mutant Ape Yacht Club (MAYC) – 631 watchlists
VeeFriends – 627 watchlists
CryptoPunks – 611 watchlists
Opepen Edition – 607 watchlists
Mad Lads – 572 watchlists
Lil Pudgys – 570 watchlists
Solcasino.io – 570 watchlists
Moonbirds – 543 watchlists
Checks – VV Edition – 512 watchlists
OnChainMonkey – 506 watchlists
World of Women – 498 watchlists
RTFKT Animus Egg – 496 watchlists
Azuki Elementals – 495 watchlists
Kanpai Pandas – 468 watchlists
Solana Monkey Business – 462 watchlists
CryptoPhunks – 451 watchlists
Apes Together Strong – 413 watchlists

The NFT landscape continues to evolve rapidly, and these rankings offer a glimpse into the dynamic world of digital collectibles. With Ethereum’s dominance still intact and fresh contenders emerging, the NFT market remains a captivating space to watch closely.

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