Finding crypto-kitties

[traderperspective]

I have heard many talk about crypto-kitties lately (i.e. tokens with a low supply). Are you investing in those tokens, and if you are, what is your approach to do so? Only thing that comes to my mind it to sort coinmarketcap for available supply, and take it from there, but maybe you know a better way?

[1715514487]

1715514487

[1715514487]

1715514487

[1715514487]

1715514487

[quantumcomputing11]

As far as I know it isn't a token but rather kitties in a game on the Ethereum blockchain. I would imagine the only reason people are investing or buying these is because it is the first DAPP on Ethereum and if Ethereum is around 5-10 years from now these kitties may have massive value. I doubt all are investing but most probably have too much money and therefore are having fun blowing it. Either way it is great for the ecosystem and I hope to see more DAPPs soon on the ETH blockchain.

[phreakk]

I have heard many talk about crypto-kitties lately (i.e. tokens with a low supply). Are you investing in those tokens, and if you are, what is your approach to do so? Only thing that comes to my mind it to sort coinmarketcap for available supply, and take it from there, but maybe you know a better way?

They aren't regular tokens. Each crypto-kitty has an other value.

If one bitcoin has a value of $1000, another bitcoin is also worth $1000. However, Crypto-kitties do not work like that.
Some crypto-kitties are bought for a couple dollars, whilst other crypto-kitties are valued at multiple Eth.

Therefore, available supply is useless. If they're all the same, that works, but not if they're all different.

To be honest, I don't invest in Crypto-Kitties, purely because I know it was(and is) a bubble, which sadly, is unsustainable and very unpredictable, making it very risky to invest in it.
Unlike Bitcoin & other cryptocurrencies, it doesn't really have a use, other than buying & reselling either.