Collectibles have exploded in popularity over the past few years. With big profit margins, limited supplies, and high market demand, it is likely that you have noticed that a growing number of people are buying them on the internet. Whether you are interested in purchasing digital items or actually collecting them, there are a lot of tools out there that can help you gauge the value of an NFT. Read on to discover 20 of the best rarity tools to determine how valuable an NFT is!
How do you determine the rank of NFT rarity?
The rarity of an NFT can vary depending on a number of factors called the rarity traits, including the specific NFT itself, the market conditions at the time of purchase, and the buyer’s personal preferences. However, there are a few general tips that can help you determine the rank of an NFT’s rarity:
- Take a look at the total supply of the NFT’s in question. The smaller the supply, the rarer the NFT is likely to be.
- The sales volume of the NFTs is also an important factor, as it determines how many people are interested in the NFT in question.
- Next, check out the NFT’s price history. If the price has been steadily increasing over time, this is a good sign that the NFT is rare and in higher demand.
- The age of the NFT is also a factor, as older NFTs are usually rarer than newer ones.
- Finally, pay attention to the NFT’s overall popularity. If it is being talked about a lot online or is particularly popular with collectors, chances are it is quite rare.
We can use the following formula to determine the rarity score of an NFT based on one of the rarity of traits:
[Rarity Score for a Trait Value] = 1 / ([Number of Items with that Trait Value] / [Total Number of Items in Collection])
Best NFT Rarity Tools
There are multiple tools out there that one can use to check your NFT rarity rank or determine the scarcity behind a specific item. Most of these tools use algorithms to find the rarity and value of the token, allowing for a fair market value to be placed on the token. However, it’s still important to check on the side of NFT vendors to ensure the authenticity of the tool being used.
Here is a list of NFT rarity checkers that you can choose the one that is best suited to your needs from:
The RankNFT rarity tool is a web-based application that enables users to view the rarity of their Non-Fungible Tokens (NFTs). The tool uses data from the Ethereum blockchain to calculate the rarity of an NFT. The rarity is based on the number of NFTs that have been minted and the number of unique addresses that hold the NFT. The rarity tool also takes into account the age of the NFT and the number of transfers that have occurred.
OpenSea is a popular tool that helps you identify and track the rarest and most valuable items out there. It keeps track of the prices of items, so you can know when to buy or sell. It also enables users to compare the rarity of items and has a community forum where you can ask for help, or share your own tips and tricks.
The MomentRanks rarity tool is designed to help collectors identify the rarest moments in their collection. The tool uses a proprietary algorithm to rank moments based on a number of factors, including the number of likes, comments, and views each moment has received. Moments that are ranked highly by the tool are considered to be more rare and valuable than those that are not.
To use the MomentRanks tool, simply enter the name of the item you’re interested in and the tool will return a list of similar items, ranked from most rare to least rare. You can then use this information to help you determine which items in your collection are the most valuable.
If you’re a collector, the MomentRanks tool can be an invaluable resource for finding the most valuable items. Whether you’re looking to add to your collection or simply want to know what your collection is worth, MomentRanks can help you find the answers you’re looking for.
Moby is a rarity tool that is used to help identify and track down the rarest and most elusive items out there. The tool is used by looking up the item in the Moby database and then comparing it to other items in the same category. It is a valuable resource for collectors and enthusiasts alike. Moby is also known for its ability to provide accurate and up-to-date information on the prices of rare items.
If you’re looking to check the rarity of an NFT, Icy.tools is the site for you. Simply enter the ID of the NFT in question and it will show you its rarity score. This is based on a number of factors, including the total supply of the NFT, the number of owners, and the age of the NFT. The higher the rarity score, the more valuable the NFT is.
Icy.tools provides Real-time market insights and is a great way to help you make informed decisions on whether to invest your NFTs or not.
HowRare.is, as the name indicates, is a tool that enables you to check how rare your Solana NFTs are. Basically, the project aims to be a decentralized NFT marketplace where you can find other users selling similar NFTs to those you are looking for.
Solana Rare NFT Checker is compatible with both Solana and Ethereum. It supports 15 NFT categories including lands, real estate, sports, art, collectibles, and virtual reality.
It does this by scanning the blockchain and then giving you detailed information about how many people own any particular NFT, their location and wallet address, as well as the price that they are asking for the item.
The tool also enables you to easily copy the ID of any Solana NFT so that you can save it to your own collection and search for it later.
Etherscan Token Tracker
Etherscan Token Tracker is a free online tool that enables you to track the rarity of your NFTs. The tool uses data from the Ethereum blockchain to track the number of NFTs created, destroyed, and transferred. This data is then used to calculate the rarity of each NFT.
The Token Tracker is a great way to keep track of your NFTs and to see how rare they are. The tool can be used to track the rarity of any NFT, not just those created on the Ethereum blockchain. However, the Token Tracker is most accurate for NFTs created on the Ethereum blockchain.
CryptoSlam is one of the top NFT aggregators, gathering and analyzing data for millions of NFTs across multiple Blockchains. It is a great tool to use by enthusiast investors and collectors alike.
The CryptoSlam website enables you to search through thousands of listings, check the prices of NFTs, as well as discover new items.
The site is fully decentralized and has no fees. It works using the Bid/Ask market where you can trade with other users, instantly seeing what they are willing to sell their NFTs for.
NFT Stats is a tool that enables you to find the top NFT projects, most expensive NFTs, and upcoming NFT drops. The features are pretty amazing; you can search for anything from memes to sports collectibles. However, it is important to note that NFT Stats does not have any features for finding daily or low-cost NFTs.
Additionally, there are many collectors and investors who want to track the development of NFTs as a whole. Some may use NFT s to preserve the cultural history of art, to provide decentralized IP validation, or even to build better tools for other projects to use.
The NFT rarity ranking feature on Trait Sniper is a great way to see which NFTs are the most popular and sought-after. This is a great tool for collectors and investors alike, as it can help you to make informed decisions about which NFTs to buy or sell. The NFT ranking feature is updated daily, so you can always be sure that you are getting the most up-to-date information.
The NFT rarity tool on SolSea is a great way to see how rare a Solana NFT is. It shows you the total supply of an NFT, as well as the number of NFTs that have been sold. This is a great way to see how popular an NFT is, and how much demand there is for it.
The tool also enables you to see how many people are actively searching for an NFT, which can help you determine whether or not an NFT is worth buying. The demand feature is updated every five seconds, so you can always be sure that you are getting the most up-to-date information.
The NFT Rarity Tool on CoinMarketCap is a valuable resource for those interested in collecting and trading non-fungible tokens (NFTs). The tool provides users with data on the rarity of specific NFTs, as well as the average price of each NFT type. This information can be used to help collectors identify which NFTs are rarer and, as a result, more valuable. The NFT Rarity Tool can also be used by traders to determine which NFTs are more likely to appreciate in value.
Rarity.tools is a non-fungible token rarity checker that enables you to check the rarity of your NFTs. It is a free online tool that is available to everyone. All you need to do is enter the address of your NFT and it will show you its rarity.
If you’re interested in purchasing or collecting NFTs, be sure to check out these 20 rarity tools to help you determine the value of an NFT. With limited supplies, NFTs are a new option for people fascinated by the Web3 space. Always make sure to do your own research and understand the risks of making investments in emerging markets. Thanks for reading!