When choosing NFT to buy, the rarity of that NFT can be a big factor that influences your decision. Popular NFT collections, such as CryptoPunks and Bored Apes, have a variety of traits that make particular NFTs more valuable than others.
Please note; just because an NFT is rare doesn’t mean that it’s valuable. NFTs are highly-speculative assets, and a variety of factors can affect their perceived value.
There are several tools that can help you discover the rarity of an NFT. Examples include OpenRarity, Rarity Sniper, and NFT Stats. These use unique algorithms to establish the rarity of each NFT in a collection.
NFT Basics
- What is a Non-Fungible Token?
- Are NFTs the same as Cryptocurrency?
- Common NFT Terms
- What was the first NFT minted?
- What can an NFT holder do?
- Why do collectors buy NFTs?
- Can NFTs be a good investment?
- How Do I Earn Money from NFTs?
- How Do I Purchase an NFT?
- How Do I Pick an NFT to Buy?
- How Do I Find the Rarity of an NFT?
- How Do I Make an NFT?
- How Do I Promote an NFT?
- What gives an NFT its value?
- How Do I Secure My NFT?
- Is It Hard to Sell an NFT?
- How Do I Exchange an NFT for Cash?
- How Do I Trade an NFT?
- How Do I Avoid NFT Scams?
- How Do I Know if an NFT Is Real?
- What Are the Biggest NFT Collections?
- What was the first NFT minted?
- Will NFTs last?