NFTs have become a global phenomenon across leading industries and niches, as the industry welcomes new projects, ideas, upgrades, and holders daily. As of 2021, the global NFT market was valued at $11.3 billion, with predictions putting annual growth at around 30%.
However, 2022 brought a steep decline in the NFT market, as consumer confidence and user interaction began declining in February. The biggest NFT marketplaces- OpenSea and MagicEden, dropped in trading volume, and the crypto winter caused the global market to collapse. Recently, the NFT market picked up again, and projects are mooning, with or without utility.
Here are five NFT projects with insane volume in September
Trust Labs is an NFT collection on Solana. They have labeled themselves as the leading collective of “thought leaders and good Samaritans of the Solana ecosystem bridging gaps.” The collection consists of 999 NFTs (Trust passes).
For holders, getting a Trust pass gives automatic access to get whitelisted on other projects by the founders. The team behind the NFT project has also promised to disburse a 1:1 airdrop for every other collection launched via Trust Labs to holders. Trust Labs NFTs are listed on MagicEden, with a floor price of 41 SOL.
An NFT project that rocked the NFT Twitter community, y00ts, is a product of Dust Labs, building software that helps NFT communities grow. For a spot on the y00tlist, potential holders had to apply for a scholarship, and the application list was made public. According to them, it was to ensure fair minting for interested parties.
y00ts is a collection of 15,000 NFTs, listed on MagicEden, with a current floor price of 124 SOL. The group mooned rather quickly, becoming a top-selling NFT project across secondary markets, topping NFT charts, and pushing Solana’s trading volume through the roof.
ABC started as an NFT project with no Discord or Twitter, but it gained enough traction that prices spiked while the bearish period persisted. A collection of 10k NFTs, ABC’s founder, explained that the project held nostalgic meaning, and its creation was to bring people closer to the simplicity of the art.
The ABC NFT collection wasn’t intended to pump or produce profit, as it had no official rarity and zero royalty. Yet, the project has invested in notable NFT collections and collaborated with big names on Solana over the past few months. ABC NFTs are listed on MagicEden, with a current floor price of 53.5 SOL.
WADE: Friends and Family
WADE is a 2,100-membership pass NFT project with utilities related to fashion, music, and more. Holders have exclusive and guaranteed access to fashion collabs NFTs and Goods, along with future NFT project airdrops. The NFT collection has been trending on Solana for the past few days, ranking high on MagicEden’s list of most popular daily groups.
The project is sold out during mint, but users can get the WADE NFT on MagicEden for a floor price of 59.95 SOL.
DigiDaigaku is a collection of 2022 anime-styled characters developed by Limit Break, a company founded by two renowned game designers. DigiDaigaku began as an Ethereum-based free, stealth mint with no whitelists and upfront revenue. According to a tweet, the free-to-own model it operates on is intended to change the system of game monetization and achieve actual NFT ownership.
DigiDaigaku NFT collection is listed on OpenSea and has a current floor price of 10.75 ETH.