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Cheapest NFTs in May 2024: Top 10

In the world of cryptocurrencies, NFTs (Non-Fungible Tokens) are pretty interesting. They’re changing how we do things online. If you’re keen to check out NFTs without spending too much money, we’ve put together a list of some good options for May 2024.

Before we get into our picks, let’s talk about how we chose them. We made sure to follow some rules to pick out the best ones:

  • Affordable Price Range: Each NFT featured is priced at a maximum of $140.
  • Reasonable Collection Volume: We’ve focused on NFT collections with a balanced volume, offering both scarcity and accessibility.
  • Positive Price Evolution: Our chosen NFTs have demonstrated favorable price trends since their launch, hinting at potential future value appreciation.
  • Trusted Creators: We’ve handpicked NFTs from known and reputable authors.
  • Community Approval: The projects included have received positive feedback from various communities, attesting to their credibility and potential.

Now, armed with these key elements, let’s explore the top affordable NFTs poised to become gems in your collection.

Infographic of the top 10 cheapest NFTs for May 2024 on Ethereum blockchain.
Source: Coinbackyard

1. Notable Pepes – Pepe Checks

Check out Notable Pepes, an NFT collection designed by emerging artist Vincent Van Dough, perfect for PEPE meme coin fans. It’s a collaborative effort involving various artists, including OG Rare Pepe and Fake Rare, aimed at giving back to the PEPE fan community. The collection exceeded expectations, delighting both the creator and the community with its success.

  • Launched: January 2023
  • Chain: Ethereum
  • Minimum Price: 0.0006 ETH (≈$1.74)
  • Total Volume: 5,187 ETH

2. CryptoRayRays – Paragon Riftwalkers

Consider CryptoRayRays if you want a PFP NFT collection with vibrant visuals and inspiration from other popular projects. With 9,671 items, each perfect for a profile picture, CryptoRayRays features pixel art dogs influenced by CryptoPunks. The collection offers collectible tokens stored on the Ethereum blockchain, allowing unlimited pets and belly rubs.

  • Launched: August 2021
  • Chain: Ethereum
  • Minimum Price: 0.0035 ETH (≈$12.37)
  • Total Volume: 2,084 ETH

3. Fomo Mofos

Fomo Mofos, created by renowned artist Jasper Wong, offers 8,008 unique collectibles. Inspired by Wong’s colorful childhood, each Fomies character has distinctive traits. The Fomo Mofo community shares a love for art, culture, food, anime, and more, with a nostalgic 90s vibe.

  • Launched: January 2022
  • Chain: Ethereum
  • Minimum Price: 0.0048 ETH (≈$13.93)
  • Total Volume: 7,197 ETH

4. Fluffy Polar Bears

Fluffy Polar Bears offers 9,441 digital collectibles featuring polar bears in fun outfits. According to the creators, after a harsh ice age, polar bears became the sole surviving species and are now exploring the world and creating a unique polar bear universe. Designed by renowned cartoonist Selcuk Erdem, each bear and accessory was hand-drawn for added charm.

  • Launched: March 2022
  • Chain: Ethereum
  • Minimum Price: 0.0049 ETH (≈$17.32)
  • Total Volume: 1,437 ETH

5. Momoguro: Holoself

The Momoguro multimedia franchise presents an impressive collection of 8,888 Holoself Avatars, serving as the gateway to the Uno Plane. Through the Momo Quest game on Roblox and the forthcoming Legends of Uno, players engage in interactive experiences where they control the fate of uno.

  • Launched: March 2023
  • Chain: Ethereum
  • Minimum Price: 0.0099 ETH (≈$28.72)
  • Total Volume: 11,485 ETH

6. Akumu Dragonz

Akumu Dragonz offers 10,000 Dragon NFTs on the Ethereum blockchain for dragon enthusiasts worldwide. Linked to the Bōryoku Dragonz NFT collection on Solana, Akumu Dragonz promotes cross-chain interoperability. Additionally, Dragonz holders enjoy access to a diverse multi-chain community and exclusive airdrops and experiences.

  • Launched: May 2022
  • Chain: Ethereum
  • Minimum Price: 0.011 ETH (≈$31.92)
  • Total Volume: 5,523 ETH

7. Visions of the Void

Visions of the Void offers 4,444 digital collectibles created by the team behind Space Riders, a Web3-native brand uniting creators, artists, and entrepreneurs. Alongside the Space Riders NFT collection, Visions of the Void introduces creatures with unique traits and powers, including Seekers, Swarms, and Spirits.

Seekers excel in assimilation, Swarms facilitate cosmic convergence, and Spirits serve as eternal void guardians. The collection is accessible on platforms like OpenSea, Blur, and LooksRare.

  • Launched: October 2023
  • Chain: Ethereum
  • Minimum Price: 0.0143 ETH (≈$41.49)
  • Total Volume: 119 ETH

8. Song a Day

Jonathan Mann, known as “The Beeple of Music,” holds the Guinness Record for the longest continuous daily song publishing. Inspired by his dedication to music, he launched the “Song a Day” NFT collection, comprising 5,117 items featuring his daily compositions.

Mann aims to share his stories with the world through his music, attracting tens of thousands of users to his project. By converting his songs into NFTs, he provides royalties and governance of his entire catalog through SongADAO.

  • Launched: December 2021
  • Chain: Ethereum
  • Minimum Price: 0.0196 ETH (≈$56.87)
  • Total Volume: 398 ETH

9. The Memes

The Memes aims to bring engaging memes to NFT enthusiasts, focusing on decentralization, community, and self-sovereignty in the open metaverse. Developed by digital artist 6529, it demonstrates the power of memes to influence global perceptions and drive change.

  • Launched: June 2022
  • Chain: Ethereum
  • Minimum Price: 0.0265 ETH (≈$76.89)
  • Total Volume: 23,666 ETH

10. HasbullaNFT

In 2024, everyone knows about Hasbulla Magomedov, leading to high demand for the verified 10K HasbullaNFT collection. This hand-drawn NFT collection offers real-world and online utilities on the Ethereum blockchain. Owners can virtually meet Hasbulla, attend semi-annual real-life events, and potentially earn passive income by staking the NFTs.

  • Launched: January 2023
  • Chain: Ethereum
  • Minimum Price: 0.0349 ETH (≈$101.26)
  • Total Volume: 1,448 ETH

There are so many NFTs out there that finding the right one for your collection is super easy these days. We hope our list of the best affordable NFTs for May 2024 has helped you find your next favorite. Happy collecting and enjoy building your collection!

May 5, 2024 at 5:00 pm

Updated May 5, 2024 at 5:00 pm

Disclaimer

Remember, investing in cryptocurrencies involves risks, and it’s important to conduct thorough research and seek professional advice before making any financial decisions. (Please keep in mind that this post is solely for informative purposes and should not be construed as financial or investment advice.)

FAQ

An affordable NFT is priced under $140, has good volume and positive price trends, and comes from reputable creators.

Investing in affordable NFTs allows you to enter the NFT market without a large financial outlay, offering a chance for future value appreciation.

Yes, affordable NFTs have the potential to increase in value, especially those from sought-after collections and well-known artists.

Look for NFTs with a history of positive price evolution, strong community support, and from trusted creators to ensure potential for appreciation.

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