Top Cheap NFTs to Look into in August 2023 

If you’ve taken a minute to check out the market, you probably noticed that the crypto market’s getting back on its feet, and guess what? The NFT scene is straight-up on fire too! 

However, there’s a common misconception in the market that you need deep pockets to dive into the world of NFTs. Well, that’s far from the truth. In fact, we’re here to debunk that myth and show you that buying cheap NFTs with future growth potential is achievable and straightforward.  

Whether you’re a curious observer or a potential investor, this compilation will shed light on the possibilities of entering the NFT space without breaking the bank. 

In this article, we aim to provide valuable insights into the cheap NFTs to buy, allowing you to explore the creativity, innovation, and potential value they offer.  

So, let’s uncover the gems among the cheapest NFTs to buy in order to HODL and make a profit later! 

Coindoo’s Picks of Top 10 Cheapest NFTs with Profit Potential in August 2023 

Before we dive into our selection of top cheap NFTs for sale, we must understand the criteria guiding our choices. We’ve meticulously followed these guidelines to ensure a list of promising picks: 

• Affordable Price Range – Each NFT in our list is priced at a maximum of $125; 
• Reasonable Collection Volume – We’ve focused on NFT collections with a sensible volume, balancing scarcity and availability; 
• Positive Price Evolution – Our selected NFTs have shown favorable price trends since their launch, indicating potential for future value appreciation; 
• Trusted Creators – We’ve handpicked NFTs from known/reputable authors; 
• Community Approval – The NFT projects we’ve included have garnered positive feedback from various communities, including platforms like Reddit, attesting to their overall credibility and potential. 

Now, with these key criteria in mind, let’s explore the top cheap NFTs that have the potential to be gems in your collection and beyond. 

You’ll find a choice of promising, affordable NFT projects on this list. Each of these projects is currently available at a budget-friendly price while also providing significant utility, making them potential performers in the upcoming months. 

1. Wen Sandwich; 
2. Super Puma; 
3. 3D Invisible Friends; 
4. Secret Society of Whales; 
5. Rift Valley Motel Coin; 
6. Baby Doge Army; 
7. Skyborne – Nexian Gems;
8. Lazy Ape Official; 
9. The Grouchy Tiger Social Club; 
10. OliveXOniPetz. 

Reviewing This Top 10 Cheapest NFTs with Profit Potential in August 2023 

1. Wen Sandwich 

• Launched on: January 2023; 
• Chain: Ethereum; 
• Minimum Price: 0.008 ETH (≈ $15); 
• Maximum Price: -. 

This month’s top can’t begin without Wen Sandwich. Wen Sandwich is the creation of the well-known NFT artist Migwashere, one of the individuals celebrated for works such as Bored Ape Yacht Club, Sneaky Vampire Syndicate, and HoF Goat Lodge.  

This marks the artist’s first solo collection, and it promises to serve up a delightful blend of love, art, and culinary creativity for the soul. 

Wen Sandwich is a fun pixel art project that combines the artist’s love for food and artistry. It is inspired by the belief that personal taste is a unique expression of oneself. Wen Sandwich provides a menu with over 200 delicious sandwich ingredients that collectors can use to create their own unique culinary treasures. From traditional to experimental, the possibilities are endless. 

But what sets Wen Sandwich apart is that rarity is not left to chance or algorithms; the collectors themselves decide it. Your choices, preferences, and creativity determine your sandwiches’ rarity. Whether you opt for a classic combination or push the boundaries with unexpected ingredients, each creation will be unique, just like you. 

Despite the completion of the minting process, Wen Sandwich NFTs are still available for sale across multiple platforms. With the creative thinkers driving this project, it is a strong likelihood that its popularity will continue to soar. 

2. Super Puma 

• Launched on: February 2023; 
• Chain: Ethereum; 
• Minimum Price: 0.053 ETH (≈ $99.46); 
• Maximum Price: -. 

If you’re a fan of the Puma brand, this project presents an even more exciting opportunity. But even if you’re not, the inherent value of the Puma brand itself makes this collection an affordable investment with the potential for future growth.  

Super PUMA, a captivating collection of 10,000 PFPs, showcases different versions from alternate timelines and universes that have come together in the present following the events set in motion by Evil PUMA. It depicts PUMA’s iconic mascot in dynamic poses and thrilling adventures.  

Originally a beloved comic book series from the 1970s, Super PUMA has now experienced a digital transformation, revitalizing its story and showcasing iconic moments in sports history while exploring exciting new storytelling possibilities. 

NFTs from this collection can still be found for sale on platforms like OpenSea, and if you search for them, you’re guaranteed will notice that they currently fall into the category of cheap NFTs (since it’s a collection from a big brand). 

3. 3D Invisible Friends 

• Launched on: November 2022; 
• Chain: Ethereum; 
• Minimum Price: 0.054 ETH (≈ $101.28); 
• Maximum Price: -. 

Among the upcoming projects from RandomCharacterCollective, 3D Invisible Friends has been quietly gaining momentum, but recent days have witnessed a significant increase in interest.  

In 2022, all Invisible Friends HODLers (people who hold the NFT) were given the exclusive opportunity to create a 3D Invisible Friend by the talented Nguyen Nhut. These 3D versions feature a delightful mix of new and classic randomized traits. As a surprise bonus, holders also received the 3D version of their original friend. 

Today, 3D Invisible Friends is rapidly becoming a favored choice among collectors. The NFTs are still reasonably priced and can be seen as a smart investment opportunity. However, this affordable window may not last long. Following the trend of other Invisible Friends collections, these NFTs have the potential for substantial returns, making them a wise choice for investors and a great affordable NFT collection. 

4. Secret Society of Whales 

• Launched on: August 2021; 
• Chain: Ethereum; 
• Minimum Price: 0.012 ETH (≈ $22.73); 
• Maximum Price: -. 

The Secret Society of Whales is a unique and fascinating NFT collection centered around – you guessed it – various artistic depictions of whales. Each NFT within the collection features unique variations in colors, accessories, clothing, and facial expressions, making every piece a unique creation.  

Like other exclusive NFT communities, such as the Bored Ape Yacht Club, the Secret Society of Whales is designed for people who want to express themselves and be part of a special and close group. 

What makes this collection stand out is that it provides special membership perks and bonuses to its NFT HODLers. These perks are meant to enhance engagement and value for community members.  

The price of this collection falls in our category and has every chance of a more expensive collection coming in the future. 

5. Rift Valley Motel Coin 

• Launched on: May 2023; 
• Chain: Ethereum; 
• Minimum Price: 0.019 ETH (≈ $35.99); 
• Maximum Price: -. 

The Rift Valley Motel Coin NFT collection is highly wanted and valuable for the ALTS by Adidas customization journey. 

These coins are important because they give you special access to CHAPTER 2, where you can personalize your ALTS by Adidas profile picture and avatar. 

ALTS by Adidas is the third phase of Adidas’ Web3 roadmap, now operating on its newly rebranded platform. This revolutionary initiative introduces a personalized and token-gated Web3 loyalty program, where your membership card becomes your alter ego, or in other words, your avatar. 

By owning an ALT and at least one coin, you secure your ticket to this exciting chapter, allowing you to customize your profile and get unique traits. The coins can also be traded, but each ALT can use only ten coins in CHAPTER 2, ensuring strategic usage for the best impact. 

As a result, this NFT collection offers collectible value and utility in enhancing your ALTS by Adidas experience, making it an attractive and rewarding addition to your NFT collection. The Adidas Vending Machine for collecting treats based on this NFT opened on July 4, 2023. 

6. Baby Doge Army 

• Launched on: March 2022; 
• Chain: Ethereum; 
• Minimum Price: 0.0625 ETH (≈ $117.24); 
• Maximum Price: -. 

We’re sure you’ve heard of Dogecoin, but have you heard of Baby Doge Army? If not, no problem. 

Baby Doge Army is a heartwarming and impactful initiative centered around the most adorable and relatable creatures – doges.  

They understand the importance of protecting these intelligent and friendly beings, especially where shelters see more abandoned and harmed doges. The project is dedicated to this cause and works closely with esteemed organizations like ASPCA, Best Friends Organization, Humane Society, and North Shore Animal League to make a positive difference. 

Getting a Baby Doge Army NFT offers more than owning a unique artwork; it gives you access to their exclusive voting forum. As a member, you become part of the decision-making process, shaping future marketing campaigns, product focus, NFT utilities, giveaways, and ideas. 

By engaging with Baby Doge, whether by holding NFTs, you directly contribute to saving doges and providing them with a better future. The project’s strong dedication has already led them to donate over $1M to our partners in the last year, and our ultimate goal is to spread awareness of animal adoption worldwide. 

So, Baby Doge Army NFT collection is a lovely addition to your collection and a powerful symbol of support for a noble cause. 

And if you’re also interested in the financial aspect, which is perfectly fine, know that the Baby Doge Army NFT collection has been gaining more and more popularity lately. 

7. Skyborne – Nexian Gems 

• Launched on: July 2023; 
• Chain: Ethereum; 
• Minimum Price: 0.0238 ETH (≈ $44.65); 
• Maximum Price: -. 

If you’re on the lookout for a cheap NFT project newly released, then Skyborne – Nexian Gems is your answer. Since its launch in late July, this project has been as hot as freshly baked bread, capturing the attention and excitement of the community.  

Skyborne – Nexian Gems are a limited collection within the Skyborne Legacy ecosystem. These gems hold significant value and offer special privileges to their HODLers. By owning Nexian Gems, you can access a whitelist for upcoming Skyborne mints, ensuring early access to new collectibles.  

The collection includes ten ultra-rare 1-of-1s with additional utility, details to be revealed closer to the game launch.  

This project is developed by Revolving Games and backed by industry giants like Pantera Capital, Animoca Brands, and Polygon.  

We think this project seems to have an interesting future, so it would be a good idea to look over this collection of NFTs and, if you like it, at least buy one NFT (especially since it is still cheap). 

8. Lazy Ape Official 

• Launched on: August 2022; 
• Chain: Ethereum; 
• Minimum Price: 0.028 ETH (≈ $52.52); 
• Maximum Price: -. 

Although Lazy Apes sales have not experienced the same exponential growth as Skyborne – Nexian Gems in the past month, they have shown significant progress, suggesting potential profitability in this unique project.  

Lazy Apes offers an exclusive and high-end collection of 10,000 unique NFTs on the Ethereum blockchain with a comedic touch. Owning a Lazy Ape gives you special access to future benefits reserved for esteemed members. This outstanding collection serves as an “Expansion Pack” for the Apeverse, providing exciting new possibilities for owners. 

As a Lazy Ape HODLer, you can access exclusive utilities and advantages through our valued Partnerships and Collaborations with notable entities such as Ekta Chain, Rich Fox Club, Apes Together Strong, and more. 

However, it’s important to note that Lazy Apes is not affiliated with the Bored Ape Yacht Club (BAYC), although it draws inspiration from BAYC. 

Sales of this project have impressively increased by 124% in the past 30 days on OpenSea. What’s even more enticing is that Lazy Apes is still competitively priced among the most affordable NFTs in the market, and further growth is expected. 

9. Grouchy Tiger Social Club 

• Launched on: December 2021; 
• Chain: Ethereum; 
• Minimum Price: 0.02 ETH (≈ $37.52); 
• Maximum Price: -. 

The Grouchy Tiger Social is an NFT collection including 10,000 unique members, each proudly holding a distinctive and randomly generated Grouchy Tiger avatar NFT.  

Within this captivating collection, tigers are classified into one of seven intriguing types, distinguished by the scar on their nose. These types encompass Explorer (cross), Fighter (flame), Gambler (spade), Hunter (paw print), Leader (crown), Lover (heart), and Wizard (lightning), each having its own charm and allure. 

Additionally, one of the most exciting things about The Grouchy Tiger Social Club series is that players can breed new NFTs. By combining the traits of the parent tigers, players can create new and rare NFTs, and the rarity of the descendants depends on the characteristics inherited from their parents. 

Moreover, The Grouchy Tiger Social Club stands out as a cheap NFT to buy, providing an excellent opportunity for both enthusiasts and collectors to become part of this vibrant and interactive community. 

10. OliveXOniPetz

• Launched on: July 2023; 
• Chain: Ethereum; 
• Minimum Price: 0.0165 ETH (≈ $30.95); 
• Maximum Price: -. 

Last but not least, we end the top with the OliveXOniPetz collection, recently launched this month. 

This collection is about the Creation Trials, where a new world emerges after Styx’s actions bring an end to The Herald, transforming it into Eternal Sparks, now entrusted to The Robes in the form of Eggs. As Souls ascend from Limbo, leaving behind The Genesis ledger, the journey of evolution begins. These Eggs hold the key to the birth of OniPetz, but they demand the experience of suffering from hatching and metamorphosing.  

Based on their type, be it Chaos or Order, OniPetz can evolve into various fascinating creatures, each with unique characteristics and attributes. 

This project has been a success from the start, with a sales increase on OpenSea in the last seven days of over 435%. 

FAQ 

What is the Lowest Price of an NFT? 

The price of NFTs can vary significantly in today’s market. Some NFTs are even available for free through airdrops or giveaways, allowing you to get them without any cost. However, when purchasing NFTs, there is typically no strict minimum amount required, and you can find NFTs starting from just a few cents. 

It’s important to know that NFTs with very low prices may have limited potential for significant future value appreciation. While there might be exceptions, such as discovering hidden gems, the chances of finding highly profitable NFTs are generally small among those priced extremely low. As with any investment, conducting thorough research and exercising caution when exploring the NFT market is essential.  

Can NFTs Be Created for Free? 

Yes, NFTs can be created for free on certain platforms. 

Platforms like OpenSea and Rarible allow users to create NFTs on the Ethereum blockchain without any initial fees. This process is called “lazy minting,” where you can create an NFT and put it up for sale without it being immediately written to the blockchain. When a buyer shows interest and purchases, the fees for writing the NFT to the blockchain are combined with the fees for transferring it to the buyer. 

However, it’s important to note that both platforms take a percentage fee from any sales you make. 

How Much Does 1 NFT Cost? 

NFTs can range from just a few cents to millions of dollars. The cost of one NFT can vary significantly depending on several factors. The price of an NFT is determined by the digital asset being sold, the platform or marketplace where it is listed, the artist or creator’s reputation, rarity, demand, and current market conditions. 

Are Cheap NFTs a Good Investment? 

Investing in cheap NFTs can be riskier compared to higher-priced ones. While some cheap NFTs may potentially gain value over time, they are generally considered more speculative and may not always result in significant profits. If you’re considering investing in NFTs, it’s essential to do thorough research, assess the quality and demand of the NFTs, and be prepared for potential market fluctuations. 

What are the Cheapest NFT Collections? 

Given the multitude of existing projects, it is impossible to know precisely which are the cheapest NFTs on the market. However, a few cheap NFTs that also have profit potential and are available for purchase in August are Wen Sandwich, Super Puma, 3D Invisible Friends, Secret Society of Whales, Rift Valley Motel Coin, Baby Doge Army, Skyborne – Nexian Gems, Lazy Ape Official, The Grouchy Tiger Social Club, and OliveXOniPetz. 

What are Blue-Chip NFTs? 

Like blue-chip cryptocurrencies, blue-chip NFTs are also quite expensive, and we recommend against getting into them. However, if you have the financial means, you do have the option to buy them. 

Some examples of blue-chip NFTs are CryptoPunks or Bored Ape Yacht Club. 

Final Thoughts 

Non-Fungible Tokens have opened up new avenues for artists, collectors, and enthusiasts alike, bringing a revolution of ownership and creativity. 

In this article, we’ve highlighted a diverse selection of top cheap NFTs worth considering, suitable for both experienced investors and newcomers looking to explore this exciting market. 

However, while affordability may be a key aspect, it’s essential to conduct thorough research and due diligence before making investment decisions. Understanding the underlying projects, creators, and communities is crucial to making informed choices that align with your interests and long-term goals. 

Furthermore, this article only covers a small part of the vast and varied NFT world. There are many other promising projects and artists waiting to be discovered. So, with that said, happy NFT hunting! 

* The information in this article and the links provided are for general information purposes only and should not constitute any financial or investment advice. We advise you to do your own research or consult a professional before making financial decisions. Please acknowledge that we are not responsible for any loss caused by any information present on this website.

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• Source: https://coindoo.com/top-cheap-nfts/