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 Flipping NFTs on Solana is the more preferable  way of making quick profits with NFTs  

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compared to OpenSea, because the most traded NFTs on  OpenSea are on the Ethereum Blockchain and we pay  

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huge Gas fees, while on Solana we can flip  NFTs much easier without paying Gas fees  

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and the difference between the price we sell  and the price we bought is a pure profit, there  

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is a small commission which is acceptable  and in this video I will share with you  

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what I'm looking at when I'm flipping NFTs  on Solana, so if you're ready, let's do it.

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Hello everyone it's Petko Aleksandrov, hope you are  doing well and welcome to my Channel, in today's  

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video I'll be sharing with you how I'm flipping  NFTs on Solana, so straight to the point if you  

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click on Stats on salonart, you will see some  useful information about the different collections.  

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First things first, it depends on how much money  you are ready to spend, current price of Solana  

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is $160, so if you're ready to spend  no more than 160 then you should be looking  

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for the projects that have floor price below 1  Solano and there are plenty of such collections  

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but for the purpose of this video, I will be  looking at something in the middle for example  

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about 2, 3 Solana so right over here we  have three projects that have floor price about  

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2 Solana or at the current moment this is about  $320 and you can see that one is the Grim  

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Syndicate, Frakt, Bold Gadgers, now don't take any  of those as a recommendation, I'm just sharing with  

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you what I'm looking at when I'm flipping NFTs on Solana, first things first I want to  

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see two positive columns over here, the first one  is the average price I want to see an increasing  

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average price for the last one day and at the  same time, I want to see an increasing volume for  

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the last 24 hours okay so if I scroll back down  you will see that over here, I have those green  

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percentages in both columns, as well the market  cap for these is above $1,000,000, which  

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is good enough for me and now I'll just open the  three of them on a separate tabs and of course I  

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can look for one that is a little bit cheaper, for  example that one and as well I'm looking for some  

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green percentages over here, I will take the Panzedox if I'm pronouncing that correctly okay again  

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with a market cap above $1,000,000, so  these are the five projects I will compare, first  

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thing I do is I look at their Twitter pages, okay  very quickly I will open all of them and let's see  

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which one has a bigger community, the first one  Grim Syndicate has about 7000 followers, the  

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next one Frakt, 29,200 followers, much more than the  first project I showed to you, the third one 36,900  

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getting bigger and bigger and then we have 19,500  and with the last one 11,400, so what I do from that  

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point, I live in front the ones that have the  biggest communities okay, the Bold Badgers and  

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the Frakt, now I'm familiar with the Frakt, it is  a generative art and it combines fractals, math  

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Blockchain and it delivers 10000 unique pieces  of art however, it's not really attractive when you  

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look at it but somehow the community finds value  as I guess it is just a different generative art  

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okay and the other one is the Bold Badgers which  is a squat on the Solana and this is generative  

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art as well, so if you're not familiar with the  generative art in general, this is again an art  

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where we have a different background, same body  with different colors and different attributes  

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like glasses, cigarette, beard, wearables and so on. Now what I want you to notice is, the cheapest ones  

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for the Bold Badgers it starts at 1.99 and then we  have 22222, what is it five times, six times, so  

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if you want to flip NFTs, one of the easiest  strategies you can use is to buy the cheapest  

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one and to resell it on a little bit higher price,  still keeping it on the floor price because this  

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is a common strategy that many have been using on  OpenSea as well but again on Solana it is easier to  

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be done because you don't pay the Gas fees, so that  strategy over here is nearly impossible because if  

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I buy the cheapest one, any of the cheapest one,  any of those 3 at 0.99, even if I flip it to  

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2 I'll be profiting just 0.01 but  still the one that I wanna resell will not be  

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the cheapest because there will be two others that  will be cheaper, okay now if you look at the Frakt  

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that's not really the case because the cheapest,  one sits at 2.5 and the next one sits at 2.99  

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2.99 and the third one sits at 3 and you can  see that there are many at 3 and a half price  

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which means that if I buy the cheapest Frakt at  2.5 and I try to resell it at 2.9 it will be still  

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the cheapest one but I'll be profiting this 0.4  of Solana and 0.4 of Solana at the current price  

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as $64, not a big deal but easy money if I just buy  even sell the NFT, alright, so personally I'm  

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not a fan of this generative fractal art because  it's not engaging, it's not entertaining according  

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to me, but you can see there is a volume trade at,  so if you decide you can give it a try, but you got  

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my point I'm looking for projects where first  I have positive 24 hours on the trading volume  

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and the price and at the same time I'm looking  for market cap at least of $1,000,000

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two, I'm looking at huge community which Frakt has and three, I'm looking for the project that  

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has a floor price different compared to the next  NFTs because this way I have a space to flip it  

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okay, which is not the case at the Bold Badgers at  the moment and with Frakt it is but one more time  

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it's not an art I'm interested in this is why I  will just skip the opportunity, alright so this  

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is what I'm doing when I'm flipping NFTs on  Solana, if you are using a different strategy to  

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flip Solana NFTs, I'll be super happy to hear them  in the comments below and if you have found that  

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video useful make sure to give it a huge thumb  up, thank you for watching don't leave without  

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subscribing and pressing the notification  bell, take care and enjoy the NFT world you

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