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Blur Ranks First Among Top 10 NFT Marketplaces By Trading Volume

Published 04/27/2023, 12:00 PM
Blur Ranks First Among Top 10 NFT Marketplaces By Trading Volume

  • Crypto analyst Ben GCrypto announced the top NFT projects based on their trading volume.
  • In the list, Blur, OpenSea, and X2Y2 are ranked in the top three positions.
  • Blur ranked first, amongst the top 10, with a trading volume of $899M.

Crypto analyst Ben GCrypto took to Twitter to announce the top 10 NFT marketplaces based on their trading volume for the last 30 days. From the analyst’s list, Blur, OpenSea, and X2Y2 are ranking in the top three positions at $899M, $303M, and $36M, respectively.

As seen in the projection of the list, Blur was ranked first with a trading volume of $899 million. At press time, BLUR, which is the native token of Blur, is priced at $0.6361 experiencing a surge of 71.65% trading volume over a day, hitting a one-month high at $0.8329.

Second to Blur is OpenSea with a trading volume of $303 million. However, OpenSea has shown a visible drop of 48.2% which is, 262,498 traders in 30 days. The NFT marketplace X2Y2 is valued at 36 million, holding the fort at rank 3. At the time of writing, the native token of X2Y2, also called X2Y2 is priced at $0.04097 with a 24-hour trading volume of $330,691.

In the fourth place stands Immutable X Marketplace valued at $27 million and has a native token IMX that has a live price of $1.01 with a 24-hour trading volume of $49,404,624. It is observed that Immutable is down 0.22% in the last twenty-four hours with CoinMarketCap ranking it at 53.

Right at the median stands CryptoPunks and JPG Stores which hold the fifth and sixth positions and are valued at $20 and $4.7 million respectively. CryptoPunk has a native coin called UPUNK that has a live price of $0.030288 and a 24-hour trading volume of $142.57.

NFT marketplace ThetaDrop holds the seventh position with a trading volume of $4.6 million and LooksRare is in the eighth position with a trading volume of $2.7 million. The native token of ThetaDrop is called TDROP and is priced at $0.003225 at the time of writing and has a 24-hour trading volume of $40,883.50.

LOOKS the token of LooksRare is currently priced at $0.129567 with a 24-hour trading volume of $4,855,856. LooksRare is down by 4.43% in the last 24 hours and has ranked 258 on CoinMarketCap.

The ninth position is taken up by Element, while the tenth and the last position of the NFT Marketplace race is taken up by Axie Marketplace. Both these NFT marketplaces are valued at $2.6 million, respectively.

The post Blur Ranks First Among Top 10 NFT Marketplaces By Trading Volume appeared first on Coin Edition.

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