If You Invested $1K In These 4 NFTs In Jan 2023, Here's What You Would Have Today

If You Invested $1K In These 4 NFTs In Jan 2023, Here’s What You Would Have Today

Updated: 05 December 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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The general crypto bear market, which ended earlier last month, had caused significant turmoil to the nascent web3 sector, negatively impacting the growth of many decentralized projects, including non-fungible tokens. The general crypto bear had made it impossible for most NFT projects to gain revenue.

Nonetheless, not all non-fungible token projects have floundered amid the recently ended crypto bear season. In this article, we shall assess four non-fungible token collections that have recorded some positive gains despite the brutal NFT meltdown, which left 95% of NFTs nearly worthless.

In a December 04 blog post, wale.moca, an on-chain residence researcher at Mocaverse and the Azuki NFT projects, shared an analytic table showcasing what investors would have if they had invested $1,000 in one of the top blue-chips NFTs on January 01, 2023.

Wild year.

Here's what you would have today if you had invested $1,000 USD in one of the top bluechips on January 1st, 2023.

Surprising? pic.twitter.com/yDHP6TA9oi

— wale.moca 🐳 (@waleswoosh) December 4, 2023

1. Pudgy Penguins NFTs Collection

Pudgy Penguins, an NFT collection with a limited set of 8,888 collectible NFTs hosted on the Ethereum blockchain network, is a perfect example of a top NFT collection that has made positive gains this year. According to wale.moca’s analytic table, if an investor seeded $1,000 in this project in January, he would have roughly $3,700.

The Pudgy Penguins collection is a classic PFP NFT that offers exclusive perks to its holders (dubbed “Pengus” or members of the “Huddle”), including access to events, experiences, IP licensing opportunities, and lots more. The NFT brand is under the stewardship of crypto investor Luca Netz.

Luca Netz has successfully managed to navigate the bear market by re-establishing the project’s commitment to its goals. Netz incorporated an exciting business model, including rebranding the Pudgy Penguin NFT ecosystem and launching NFT-inspired toy collections.

2. Digi Daigaku NFT Collection

Digi Daigaku is a non-fungible token collection of 2022 unique characters developed by Limit Break, a company founded by world-famous game designers Gabriel Leydon and Halbert Nakagawa. If an NFT collector invested $1,000 in the Digi Daigaku NFT collection, the collector would have around $1,600 today.

3. CryptoPunks NFT Collection

CryptoPunks, an NFT collection previously from the digital asset firm Larva Labs featuring a limited set of 10,000 NFTs hosted on the Ethereum blockchain network, is another NFT collection that has recorded positive gains this year. If a crypto trader invested $1,000 on the CryptoPunks NFT project, he would have around $1,600 at current crypto prices.

4. Blue-chip Azuki NFT Collection

Azuki, an NFT collection from the digital asset firm Chiru Labs featuring a limited edition of 10,000 NFTs hosted on the Ethereum network, is another NFT collection that has recorded some light gains today. If an investor seeded $1,000 on blue-chip Azuki, he would have around $1,200 today.

It’s worth noting that some of the popular blue-chip NFT collections, including Bored Ape Yacht Club, Meebits, Mutant Ape Yacht Club, Doodles, Moonbirds, and the CrypToadz have recorded negative gains this year. If crypto traders invested $1,000 in one of these NFT projects, they would have less than what they invested.