Figuring out the current value of an NFT is crucial for anyone spotting opportunities with collectibles. But how do you do that if there’s so much speculation and noise in the dapp space? The DappRadar team came up with an easy-to-use and super-needed solution for you. Keep reading to get to know all about our NFT Value Estimator tool.
What is the NFT Value Estimator?
As you can deduce from the name, the NFT Value Estimator is one of the most useful tools for people looking for NFT opportunities. It allows you to check precise estimates of the current price of NFTs from various collections.
Evaluating non-fungible tokens with accuracy is an extremely difficult task for anyone. Even if you are already very experienced in the NFT space, investments should not be taken lightly.
That’s why this tool is so valuable – it gives you the extra help you need to look further from the most apparent value factors, like the rarity of a specific trait.
How does the NFT Value Estimator work?
DappRadar’s engineers created the NFT Value Estimator using a machine-learning algorithm that combines each token’s current and historical price from different sources.
This way, the tool delivers the most accurate estimates of actual valuations in just a few seconds.
Can I estimate the value of any NFT?
As you may know, new NFT collections pop up every day. Therefore it would be impractical to estimate the value of every single one out there.
Our tool verifies and selects some of the best NFT collections to provide accurate estimates.
What NFT collections can DappRadar help estimate value?
In total, DappRadar’s NFT Value Estimator can help you discover the estimated price of 64 different collections (at the time of writing).
Some of them are:
- Art Blocks Curated;
- Azuki;
- Bored Ape Yacht Club;
- Cool Cats NFT;
- CryptoPunks;
- Doodles;
- Hashmasks;
- Invisible Friends;
- VeeFriends;
- World of Women;
- goblintownNFT.
How can I use the NFT Value Estimator?
Using this tool is very straightforward and simple.
Follow the step-by-step process below.
- Visit DappRadar.com;
- Click on the NFT Value Estimator button on the main page;
- Select the NFT collection of the token you want to evaluate;
- Paste the NFT ID or paste the NFT URL from its marketplace;
- Check out the NFT’s estimated value.
Keep track of your NFTs with DappRadar
The NFT Value Estimator is not the only DappRadar tool that can help you with your NFT journey.
NFT Explorer allows you to search through all NFTs and collections on the Ethereum network. Our rankings also show you the hottest NFT collections, marketplace rankings, and top real-time sales.
And if you simply want to manage your NFTs, you can connect your wallet to the DappRadar Portfolio Tracker and view the stats of your investments on Ethereum, Polygon, and BNB chains.
If you want to learn even more about the best projects in the exciting world of NFTs, then follow the DappRadar blog, YouTube channel, and Twitter account.
The above does not constitute investment advice. The information given here is purely for informational purposes only. Please exercise due diligence and do your own research.
