In this article, we are going to know the Cheapest NFT To Buy in 2024. There are varieties of factors that affect the price of NFTs, which include the NFT Marketplace or the specific NFT or overall demand for that specific NFT. There are lots of NFTs you will get for just a few cents while for some NFTs you will get millions of dollars.

There are lots of factors that affect the price of NFTs, overall the sentiments of the NFT market are bearish. Many high-quality, unique digital and rare collections of art, etc. are selling at very low prices. Read till the end, you’ll get to know more about Cheapest NFT To Buy in 2023, Which factor affects the price of NFT? Best NFT marketplace across the globe and many more.

Some of the Best and Cheapest NFTs to Buy in 2024 are:

IMPT:

Currently, it is one of the best cheap NFTs which is built on the Ethereum blockchain and it helps to offset carbon emissions from transportation and energy uses across the globe.

CryptoPunks:

CryptoPunks is a collection of 10000 unique 8-bit characters that were created by a software company each Crypto Punk is unique and is stored on the Ethereum blockchain and also has a Unique identification number sum of Crypto Punks are sold for a few dollars while some are sold in millions of dollar.

It is used for a variety of purposes as a digital collectible digital art in gaming items or the form of certificates.

Axie Infinity:

Axie Infinity is based on the Ethereum blockchain and it is used by players to battle other players and earn cryptocurrency. Each Axie is unique in itself and its value depends on rarity and the market demand. It is a kind of digital asset. 

MemeCoin:

MemeCoins is an Ethereum-based blockchain and a project that is used to represent viral images or means and it is represented as unique NFTs. It allows users to collect their favorite viral images and earn from them. Some Meme coin NFT is sold for a few dollars or even less, totally depending on the viral images and their demand in the marketplace.

These are some Cheapest NFTs to Buy in 2024, make your research before investing.

Which factor affects the price of NFT:

There are lots of factors that affect the price and the demand for NFTs in the Marketplace.

• If we talk about the factor then rarity is one of the most important factors which affect the price and also the demand of NFT in the Marketplace.
• NFT value and demand depend on its quality and the artist who created that NFT.
• If there is proper liquidity in the market it means NFT which is easily bought and sold on the Marketplace is more demanding.
• The more the use case of the NFT project the more demand in the market which means if the NFT project comes with a certain reason either it’s a game or it’s a collectible item then it will be in high demand in the marketplace.
• If any NFT is created by a popular creator or artist then the demand in the Marketplace for that NFT is high.

Best NFT marketplace across the globe.

There are lots of NFT marketplaces across the globe to trade NFT. This is an early stage of the NFT ecosystem around the world, and many countries don’t allow trading in cryptocurrencies and NFT.  It depends on you and your requirements but the best NFT marketplaces are:

OpenSea

OpenSea is one of the biggest and most well-known NFT marketplaces around the world where NFTs are traded and it works on the Ethereum blockchain. It has a wide variety of NFTs on its Marketplace like digital art collectibles and many more. The cryptocurrencies used to buy and sell NFD over OpenSea are ETH, DAI, and USDC. In this NFT Marketplace, you will get high price NFT and also a few cents NFT.

SuperRare

SuperRare is an NFT marketplace that allows users to buy and sell their unique collection of art, it is based on the Ethereum blockchain. It mainly focuses on high-quality digital and unique digital art pieces. Here you will also get the feature of artist royalty on Every sale of unique digital art, which means if you are the creator of any quality digital art or NFT whenever someone buys you NFT you will get a percentage reward on it. In this marketplace, you will get some cheaper NFTs.

WazirX NFT Marketplace

 It is built on Binance smart-chain blockchain and it is faster and cheaper in gas fees as compared to the Ethereum-based blockchain. Currently, it is India’s fastest-growing cryptocurrency exchange. It has multi-chain transfer features which means, it allows users to transfer their NFT from one blockchain to another blockchain.

Rarible

Rarible is an NFT marketplace, where you will get a variety of digital art and collection and it is built on a tool that helps users to create and mint the NFTs. Many NFTs are traded for very few cents.

KnownOrigin

It is a marketplace where you will get a variety of gaming NFT, and this is the only platform where you will get gaming NFT and some of the NFT you will get at a lower cost.

NFT marketplace with cheap NFTs

Here are a few cheap NFT marketplaces where you will get some low-price NFT as compared to other NFT marketplaces.

• Rarible:
• knownOrigin:
• SuperRare
• OpenSea
• WazirX

Conclusion:

There are lots of factors that affect the price of NFTs, which include the NFT Marketplace or the specific NFT or overall demand for that specific NFT. There are lots of NFTs you will get for just a few cents while for some NFTs, you will get in millions of dollars. 

These are a few cheap NFT marketplaces where you will get some low-price NFT as compared to other NFT marketplaces. I hope the answer to Cheapest NFT To Buy in 2024 is clear to all.

• Rarible:
• knownOrigin:
• SuperRare
• OpenSea
• WazirX

Frequently Asked Questions:

Where can I get cheap NFT?

There are lots of NFT marketplaces across the globe to trade NFT, where you will cheap NFTs as per your requirements. These marketplaces are:

• Rarible:
• knownOrigin:
• SuperRare
• OpenSea
• WazirX

Where to buy NFT India?

There are dozens of NFT marketplaces you will get on the internet, you have to choose according to the requirements. Some of the NFT places are open seas, super-rare, Binance, WazirX, and many more. Some cryptocurrency exchanges also allow their users to buy and sell NFT on their cryptocurrency platform by using Bitcoin, Ethereum, Solana, etc.

Cheapest NFT To Buy in 2024 for this answer read this article.

What kind of NFTs are worth buying?

• If you buying some rare NFT or NFT by some famous creator/artist then it is worth buying that NFT.
• NFT value and demand depend on its quality and the artist who created that NFT.
• If there is proper liquidity in the market it means NFT which is easily bought and sold on the Marketplace is more demanding.

What exactly is NFT?

NFT is digital art that is created by creators or artists and stored on the blockchain. If you have any NFT then you are the only owner of that particular NFT. The place where NFTs are traded is called the NFT marketplace, lots of NFTs marketplaces are there across the globe where you will get rare NFTs created by some famous artists. If you have this question Cheapest NFT To Buy in 2024 in your mind, then read this article you will get your answer.