Methods to Get the Present Worth of an NFT

On this information, we reveal get the present value of an NFT utilizing the industry-leading NFT API from Moralis! We can even get the value of an NFT utilizing the Market Knowledge API and two of its endpoints. Due to the simplicity of Moralis’ highly effective API suite, you’ll be able to merely use single traces of code to perform this. So, in the event you’ve been on the lookout for a solution to the “ get present value of NFT” question, look no additional!

• You may get the present value of an NFT when getting the highest NFT collections by market cap utilizing the getTopNFTCollectionsByMarketCap() endpoint:

const response = await Moralis.EvmApi.marketData.getTopNFTCollectionsByMarketCap();

• Get the present value of an NFT when getting high NFT collections by buying and selling quantity utilizing the getHottestNFTCollectionsByTradingVolume() endpoint:

const response = await Moralis.EvmApi.marketData.getHottestNFTCollectionsByTradingVolume();

These two endpoints present the next particulars:

• Rank of the gathering
• Assortment title
• Assortment picture
• Ground value in USD
• Ground value 24hr p.c change
• Market cap in USD
• Market cap 24hr p.c change
• Quantity in USD
• Quantity 24hr p.c change

One other helpful endpoint you’ll profit from comes from the NFT API and its getNFTLowestPrice() endpoint, enabling you to get an NFTs lowest value:

const response = await Moralis.EvmApi.nft.getNFTLowestPrice();

The above code snippets are all it’s good to give your dapps the facility to entry the present costs of NFTs. If you happen to’ve used Moralis earlier than, you already know precisely implement the above endpoint to get probably the most out of them. Nevertheless, if you’re new to this final Web3 API supplier, be sure to cowl this information from begin to end. Not solely will it offer you a solution to the question of “get present value of NFT“, however it’ll additionally aid you to get going with Moralis. Plus, we’ll make sure you study extra about different highly effective NFT API endpoints that may prevent a ton of money and time. 

Overview

The “ get present value of NFT” question is turning into more and more well-liked. Due to this fact, we determined to supply the endpoints that enable builders to get the present NFT(s) value. Since exhibiting you get the present value of a non-fungible token is the principle level of this information, we’ll dive straight into our easy tutorial. The tutorial will first cowl the conditions required to make use of the endpoints highlighted on the outset of this information. Then, the tutorial will lay out two easy steps to fetch the required information. You’ll quickly see that implementing these endpoints is as simple because it will get!

Subsequent, we’ll make sure you get acquainted with the getTopNFTCollectionsByMarketCap() and getHottestNFTCollectionsByTradingVolume() endpoints. And for these not prepared to make use of the Professional or Marketing strategy – which is required for the earlier endpoints – we’ll additionally current another possibility.

We’ll additionally cowl some well-liked use circumstances for our highlighted “present NFT value” endpoints. This will likely spark some precious concepts on how one can benefit from Moralis. Within the last a part of this text, we’ll transfer past educating you get the present value of NFTs. In spite of everything, there are various different items of on-chain information concerning NFTs that you could put to good use. Therefore, we’ll do a correct overview of the Moralis NFT API.

Tutorial: Methods to Get the Present Worth of an NFT with Moralis

The method of implementing the getTopNFTCollectionsByMarketCap() and getHottestNFTCollectionsByTradingVolume() endpoints is kind of the identical. Actually, the implementation steps are comparable when utilizing any of Moralis’ Web3 APIs. Due to this fact, we are going to information you thru the precise steps for under one of many two endpoints. 

Conditions

With a view to use any of the Moralis Web3 APIs, it’s good to set issues up correctly. Luckily, the setup course of is easy and solely requires basic programming instruments:

Programming Language:

Bundle Supervisor:

Additionally, you will want your Moralis account with a purpose to entry your Moralis API key. 

When you can entry most of Moralis’ API endpoints with a free account, that’s not the case for getTopNFTCollectionsByMarketCap() and getHottestNFTCollectionsByTradingVolume(). So, be sure to additionally improve to the Professional or Enterprise plan.  

For a extra detailed information on cowl these conditions, try the Moralis Getting Began documentation web page. Beneath the Getting Began part, it’s also possible to discover quickstart guides for particular frameworks:

Step 1: Implement the Proper Endpoint

Now, you must determine which of the 2 “get NFT value” endpoints you need to use. For the sake of this tutorial, we’ll go along with getHottestNFTCollectionsByTradingVolume().

The script operating the required endpoint should first import Moralis and EvmChain. Beneath these import traces, you get to run your app and provoke Moralis. Moreover, you will need to additionally enter your Moralis API key. 

Apart out of your API key, the runApp async operate additionally consists of the endpoint. 

The precise traces of code fluctuate relying on the framework you utilize; nonetheless, you could find the scripts that can do the trick beneath. So, copy the suitable script and substitute the YOUR_API_KEY placeholder together with your Moralis API key. Listed below are some examples of the scripts showcasing “ get present value of NFT”:

const Moralis = require("moralis").default;
const { EvmChain } = require("@moralisweb3/common-evm-utils");

const runApp = async () => {
  await Moralis.begin({
    apiKey: "YOUR_API_KEY",
    // ...and every other configuration
  });

  const response =
    await Moralis.EvmApi.marketData.getHottestNFTCollectionsByTradingVolume();

  console.log(response.uncooked);
};

runApp();

import Moralis from "moralis";
import { EvmChain } from "@moralisweb3/common-evm-utils";

const runApp = async () => {
  await Moralis.begin({
    apiKey: "YOUR_API_KEY",
    // ...and every other configuration
  });

  const response =
    await Moralis.EvmApi.marketData.getHottestNFTCollectionsByTradingVolume();

  console.log(response.uncooked);
};

runApp();

from moralis import evm_api
import json

api_key = "YOUR_API_KEY"

consequence = evm_api.market_data.get_hottest_nft_collections_by_trading_volume(
  api_key=api_key,
)

print(consequence)

Step 2: Run Your Script

Now that you’ve got one of many above instance scripts in place, it’s time to run the script. As such, enter one of many following instructions that matches your alternative:

node index.js 

ts-node index.ts

python index.py

As quickly as you run your script, you’ll be capable to see a JSON response in your terminal. Right here’s an instance response:

[
  {
    "rank": 1,
    "collection_title": "Bored Ape Yacht Club",
    "collection_image": "https://market-data-images.s3.us-east-1.amazonaws.com/tokenImages/0x2f1ef58880d01489b8d2c9ba759cf7b14db4ee8a55fd6e6b222ad050e7e00fb0.png",
    "volume_usd": "8261189.224011",
    "volume_24hr_perecent_change": "17.09",
    "floor_price_usd": "79591.5288",
    "floor_price_24hr_percent_change": "0.05",
    "average_price_usd": "39717.255884668266"
  },
  {
    "rank": 2,
    "collection_title": "Mutant Ape Yacht Club",
    "collection_image": "https://market-data-images.s3.us-east-1.amazonaws.com/tokenImages/0xab57ba0f4ce4424e60c477627f6551790b8946d45720240a3d258956e436f2e5.png",
    "volume_usd": "3374077.733755",
    "volume_24hr_perecent_change": "6.29",
    "floor_price_usd": "16028.433180000002",
    "floor_price_24hr_percent_change": "-0.69",
    "average_price_usd": "15915.461008278302"
  },
  {
    "rank": 3,
    "collection_title": "CryptoPunks",
    "collection_image": "https://market-data-images.s3.us-east-1.amazonaws.com/tokenImages/0x8e4d149625faffbdb3b63eb36668a4b470714c0e6c765e66200095a4ccb0234e.png",
    "volume_usd": "1835336.891",
    "volume_24hr_perecent_change": "30.13",
    "floor_price_usd": "90913.539",
    "floor_price_24hr_percent_change": "3.43",
    "average_price_usd": "101963.16061111112"
  }
]

The instance response above exhibits that the ground value is only one of many helpful market information insights. The identical is true for the getTopNFTCollectionsByMarketCap() endpoint. 

Get NFT Worth Endpoints

After masking the above tutorial, you already know that getHottestNFTCollectionsByTradingVolume() and getTopNFTCollectionsByMarketCap() reply the question of “ get present value of NFT”. And, when you can study all it’s good to find out about these endpoints by operating them together with your scripts and analyzing their responses, it’s also possible to discover them upfront utilizing their respective API reference pages:

As indicated within the above two screenshots, each reference pages assist you to attempt the endpoints. Nonetheless, these are the small print that the endpoints provide:

• Rank of the gathering
• Assortment title
• Assortment picture
• Ground value in USD
• Ground value 24hr p.c change
• Market cap in USD
• Market cap 24hr p.c change
• Quantity in USD
• Quantity 24hr p.c change

Be happy to go to the above-linked reference pages and check out operating the scripts for various dev frameworks.  

Methods to Get the Present Worth of an NFT with an Various NFT API Endpoint

There may be additionally another API endpoint that you could entry with a free Moralis account. To that finish, we’re presenting you with the NFT API’s getNFTLowestPrice() endpoint. It permits you to fetch the bottom executed value for an NFT contract for the final X days for transactions paid in ETH.

In contrast to the above two endpoints, this one takes in some required and elective parameters. The required parameter comes within the type of the NFT contract deal with that you just want to concentrate on. By default, the endpoint focuses on the Ethereum community, however you should use it for different supported chains by including a correct “chain to question” parameter. 

The getNFTLowestPrice() endpoint additionally permits you to enter the variety of days to look again to seek out the bottom value. The default possibility is seven days. Plus, the market parameter allows you to decide which NFT market you need to concentrate on.

To offer this endpoint a attempt, be happy to go to its API reference web page. If you happen to need assistance implementing it, try the “Methods to get lowest value of an NFT by Market” documentation web page. Nevertheless, utilizing this endpoint is similar as for every other Moralis API endpoint. 

Use Instances for Present NFT Worth

As you’ll be able to think about, many various use circumstances exist for the above-outlined API endpoints. In spite of everything, customers eager about NFTs typically need to know foreign money costs. So, you’ll be able to put the above-offered particulars to good use by creating all kinds of dapps that incorporate NFTs.

Nevertheless, the most common use case that requires NFT costs comes within the type of an NFT market. And in the event you want to construct such a dapp, we encourage you to take a look at our NFT market growth information earlier than transferring any additional.

Except for NFT marketplaces, any dapp that helps NFT can profit from the power to additionally show a token’s value. For instance, even if you’re constructing an eye catching NFT gallery, you may provide customers value insights as they hover over the NFT photos. 

All in all, these are the most well-liked use circumstances for the “present NFT value” endpoints and the complete NFT API fleet:

• NFT marketplaces
• NFT public sale websites
• Portfolio apps
• NFT-based authentication

Earlier than we transfer on, it’s price mentioning that apart from getting NFT costs, Moralis additionally permits you to fetch cryptocurrency costs. If that pursuits you, try the Worth API.

Going Past the Present Worth of an NFT – Meet the Most Highly effective NFT API

Past giving builders quick access to present NFT costs, the Moralis NFT API consists of many different highly effective and helpful options. As an illustration, you’ll be able to simply detect verified NFT collections and empower customers to see which NFT collections are verified by NFT marketplaces like OpenSea.

One other nice instance comes within the type of NFT spam safety. The latter permits you to shield your customers from scams and guarantee a a lot better consumer expertise. 

These are simply two particular use circumstances of the last word NFT API that Moralis affords. In spite of everything, this final software for constructing dapps round NFTs gives a number of out-of-the-box options. It makes fetching NFT metadata, NFT assortment metadata, NFT possession particulars, NFT transfers and extra extraordinarily simple.

As well as, it helps ERC-721 and ERC-1155, in addition to non-standard NFTs (corresponding to CryptoPunks).

The core advantages of the Moralis NFT API embody:

• Enriched Metadata – Entry totally enriched and normalized metadata on NFT collections and particular person tokens by means of a single API name.
• Actual-Time NFT Switch Knowledge – Get all the newest NFT switch information, whether or not you want switch historical past for particular NFTs, wallets, or monitoring real-time transfers.
• Immediate NFT Possession Knowledge – Monitor NFT possession throughout the blockchain with only one API name, enabling token-gated content material and enhanced creator management.
• Superior Spam Detection – Defend your platform from undesirable NFTs with assortment spam indicators.
• On-Chain Pricing Knowledge – Incorporate on-chain pricing information inside your dapps, corresponding to final sale costs and lowest “bought for” costs.
• Optimized Picture Previews – Profit from dynamically sized picture previews and picture conversions to user-friendly codecs.
• Lightning-Quick Velocity – Expertise unmatched efficiency for fetching NFTs powered by Moralis’ blazing-fast CDNs.
• Alerts and Notifications – Plug and play with our Streams API to get actual notifications on NFT trades, NFTs mints, and market orders.

Why Use Moralis’ NFT API

The core and most evident purpose why it’s best to use the NFT API from Moralis lies within the above-listed options. In spite of everything, they assist you to create killer NFT dapps with out reinventing the wheel. As such, you’ll be able to focus extra of your time and assets on delivering the absolute best consumer expertise (UX). 

The identical applies to the remainder of Moralis’ Web3 API fleet. That is additionally why a number of of the main Web3 corporations use them. Furthermore, accessing the identical backend energy because the main Web3 challenge is nearly as good of a “WHY” because it will get!

Moralis affords a number of case research that additional show the magnitude of its influence. As an illustration, Unizen saved $200,000 by plugging in Moralis APIs. One other instance is Drecom, which saved 5 months of dev time with Moralis. If you happen to want to discover these case research, use the “NFT API” hyperlink on the high of this text. 

Are you able to construct the subsequent massive factor? Dive into the Moralis NFT API documentation and begin BUIDLing!

Methods to Get the Present Worth of an NFT – Abstract

In immediately’s information, you discovered get the present value of an NFT with out breaking a sweat. You now know that to do that, you’ll be able to deploy the facility of Moralis’ Market Knowledge API. In spite of everything, the latter affords the getTopNFTCollectionsByMarketCap() and getHottestNFTCollectionsByTradingVolume() endpoints that can get the job achieved. Plus, you additionally discovered implement these two endpoints in minutes utilizing basic dev instruments. 

One other different addressing the “ get present value of NFT” question comes from the NFT API’s getNFTLowestPrice() endpoint. In contrast to the opposite two outlined endpoints, this one permits you to concentrate on one particular NFT deal with on the time. You’ll be able to entry it together with your free Moralis account!

You additionally discovered concerning the completely different use circumstances for the last word NFT API. So, be sure to make use of Moralis’ highly effective instruments to create the subsequent massive factor with time and assets to spare. Nevertheless, in the event you’d wish to construct up your Web3 data and improve your confidence earlier than growing, discover the Moralis weblog. It’s possible you’ll even want to take a extra skilled strategy to your crypto training with Moralis Academy.