Weekly Top 5 NFT Marketplace [ 24-10-2022 to 31-10-2022 ] || Weekly Report || 10% to TFC

Hope everybody is doing well. I'm fine too. Today, This blog is going to be very interesting. A lot has happened at NFT World in the last week. The value of a marketplace has increased, while the value of a marketplace has decreased. This all depends on the number of traders and the total volume. The more dollars that are traded in that marketplace, the more that marketplace will be ahead in the rankings. A marketplace only comes in the rankings when there is a very beautiful NFT collection and its demand is the highest for everyone.

It is natural that the marketplaces will fluctuate in ranking. Today, This blog is not Tron-related. All types of marketplaces will be accepted here. As I told you before, NFT is becoming more and more popular. There are 3 types of people: - 1. Buyer, 2. Sellar and 3. Collector.

Buyers come to buy NFT and he is thinking of holding it. NFT creators come to sell their NFT and sell it at a price they like. And collectors basically buy NFT at a lower price and sell it at a higher price. It's basically like a business.

As you all know, I keep you updated on NFT Marketplace Every week. So for that reason, today's post is sorted. Hopefully, I will be able to show you this blog in a very beautiful and interesting way. So let's go:-

Like every week, I reappeared with a review of NFT Marketplace. The downtrend of the crypto market has also had an effect on the NFT marketplace. Due to which the transaction has decreased. And because of this, the number of users has also reduced. As a result, the total value of the NFT marketplace has declined.

At this time of the crypto collapse, the NFT world has also collapsed. Traders have kept themselves away from all places at the present time and this has also impacted these NFT marketplaces. As a result, the number of NFT Marketplace users has decreased over time. However, today's list is sorted based on this.

OpenSea topped the review list this week. This marketplace is the number 1 position every week. Last week the average price was $111.3, which decreased by -28.18%. Again, the total number of traders in this marketplace is 136,677, which decreased by -5%. And its total weekly volume is $71.67M, it's up to 21%. The detrimental effects of the bear market have affected everything.

Then in the 2nd place is X2Y2. This marketplace gained a lot of popularity last week. Last week, its average price was $316.73, which increased to 17.21%. Again, the total number of traders in this marketplace is 20,474, which decreased to 9.35%. Then the total volume of this market is $12.36M and it decreased to -26.17%

Immutable X Marketplace ranks 3rd on this list. This is the Immutable X marketplace. This marketplace claims its 3rd rank in a few weeks. The average price of this marketplace was $33.64 and that increased by about 18.42%. The total number of users in this marketplace is 13,588, which has increased by about 14.14%. The total volume of this marketplace is $5.98M, which has increased by 19.27%.

CryptoPunks is in 4th place. This marketplace is a totally brand-new NFT marketplace. Last week's average price of this marketplace was $128.32k, it's increased to 21.21%. Its total number of traders is 44, which decreased by about 27.87%. Its total weekly volume is $4.87M, which decreased to -6%.

Finally, LooksRare is in the 5th position after the long time. It is a popular marketplace in the ETH. Last week, the average price of this marketplace was $891.93, which increased to 21.72%. The total number of traders in this marketplace is 2,241, which increased to 0.58% compared to the previous week. The total volume of this marketplace for the last week is $3.47M, which increased to 39.4%.