Convert 10000 NFT to USD - NFT Protocol to US Dollar Converter | CoinCodex (2024)

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Convert 10000 NFT to USD - NFT Protocol to US Dollar Converter | CoinCodex? ›

1 NFT = 0.01854 USD.

1 NFT = 0.01854 USD.

Cost to mint NFTs using Different Blockchain

Solana is one of the blockchains that can cater to the creation of 10,000 NFTs. While the platform previously charged only 0.21 cents per NFT, its current fee to mint a single NFT stands at $2.16. At this rate, the cost of minting 10,000 NFT will be over $21,000.

Non-Fungible Tokens (NFTs) Market size was valued at USD 16 billion in 2019 and is poised to grow from USD 21.39 billion in 2023 to USD 212 billion by 2031, growing at a CAGR of 33.7% in the forecast period (2024-2031).

The average cost of NFTs varies between different marketplaces; from $900 on Mintable, to $500 on OpenSea, and $150 on Valuable among others.

Despite the volatile cryptocurrency market, NFT familiarity skyrocketed and ownership doubled between 2021 and 2022, rising from an estimated 4.6 million to 9.3 million people.

The Bottom Line. Investing in NFTs has just as many benefits as downsides. In general, NFTs should be purchased if the tokenized asset has an established market and interests you—otherwise, it's unlikely the NFT will experience price appreciation and that you'll be happy owning it following your purchase.

How much do NFTs sell for? The average price of an NFT can vary anywhere from $100 to $1,400, depending on its scarcity, utility, and popularity. Additionally, fluctuations in the value of the underlying cryptocurrency may impact a non-fungible token's price.

The Majority of NFTs Sell for Less Than $200

According to research shared by NonFungible.com, the average price of NFTs was about $150 per NFT for Q3 2022. Creating and selling an NFT, also known as "minting," typically incurs a cost ranging from $70 to $150, and sometimes even more.