best place to find upcoming nft drops

 

Best place to find upcoming nft drops

A NFT drop is a bad drop of NEO due to its high price. One good thing about the crypto market is that it allows for trading opportunities for people who do not own large amounts of crypto but want to maintain some exposure to the coin.

 Image source: https://www.businessinsider.in/cryptocurrency/news/it-took-me-7-steps-over-the-course-of-a-day-to-buy-an-nft-showing-just-how-hard-itll-be-for-the-market-to-go-mainstream-/articleshow/90461905.cms

To put this into perspective, XRB had its first major rise in January and like many other coins around that time, the price shot up dramatically. Some people who missed out on the opportunity went from 100% allocation in XRB down to a mere 5% allocation due to the nft drops hitting their portfolios hard.

There can be multiple reasons for this, but in reality it is simply the price not increasing quicker enough for their portfolio size. NFT drops can hit you on any crypto and it is very difficult to predict or stop the crash. The only thing that you can do to avoid the crash is to make sure you are prepared.

To help with this we have compiled a list of the most recent nft drops and what they mean for each project:

 Image source: https://www.hollywoodreporter.com/business/digital/caa-signs-nft-0xb1-1235028362/

5th May: NEO vs Stellar - Stellar dropped 8% in the last 24hrs which resulted in a 0.22 increase against NEO. The reason behind this is that XLM rose from $0.26 to $0. I'm sure you've seen what happens when an NFT is about to drop. The prices for the item spike up on a secondary market as people attempt to make some money off of the limited number of units that are being produced. This can be frustrating if you're trying to buy one, but it's often a boon for those who sell them. The excitement around new NFTs has been growing quickly, and the community is recognizing that this might be the best way to turn their crypto into hard cash. So how do you know which one is going to be worth your while? Here are some ideas to help you get started.

Consider the Supply And Demand

 Image source: https://www.engadget.com/the-morning-after-adidas-first-nft-drop-made-23-million-121350956.html

Right now, there are just a few ways to make money off of NFTs. If you're buying and holding long term, then it doesn't matter where they are in terms of supply and demand. But if you want to make a profit as quickly as possible, it's best to find something that's very popular and with a low supply. Look at the supply of the object in question. If it's low, it will increase the value of your own NFT relative to others. It also ensures that there's an active market for selling or trading.

Consider The Price History

One of the best ways to measure how much value a particular NFT has is by looking at its price history. If you're able to see its entire history, then you can see how it has performed against other items over time. When you plot this information together, you can see where it has traded over time and if there are any periods where it significantly prospers against the overall market. The issue with not for trade (NFT) items is that you can’t always trade them outside of their game. Games with NFT items are limited to one NFT per account and the item can be sold or transferred inside the game only. Thankfully, there are a few websites that allow you to browse upcoming NFT drops and which ones are worth trading. These sites will show you how many days until an item is released, what tier it’s in, and how much money or tokens it takes to purchase one. These sites will also track the total number of items in stock and how many people have already purchased one.

#1 NFT Tracker

 Image source: https://www.sxsw.com/news/2022/what-is-an-nft-blockchain-creative-labs-takes-you-on-a-digital-journey/

The NFT tracker is the best source for upcoming NFT drops. This site has a top 25 list which ranks highly sought after items and shows how many days until they are released. The site also has links to buy each of these items using Google’s Play store. If you click on any item, you can see exactly how much it costs, what tier it’s in and what percentage of people who bought it actually received their purchase. Other features include a live chat, information on upcoming projects, and an index of games that are planning to release new NFTs soon.

#2 Crypto Collectibles

 Image source: https://womanofsolana.com/wp-content/uploads/2022/04/30-1.png

Crypto collectibles is a site devoted to NFTs. Everything is categorized by game and there are a few new games that are on the development trail that haven’t been released yet. These games will give players the opportunity to create a crypto collectible of their own, but you won’t be able to trade it until it’s actually in the game. Once you see what crypto collectibles are being released within any game, you can check out the prices using this site and also look into how many of them have already been purchased.