Weekly Top 5 NFT Marketplace [ 27-05-2022 to 02-06-2022 ] || Weekly REVIEW || 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 the 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 decreased. As a result, the total value of the NFT marketplace has declined.

At this time of crypto collapse, the NFT world has also collapsed. Traders have kept themselves away from all places at the present time and this has had an impact on these NFT marketplaces as well. 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 number 1 position every week. Last week the average price was $ 181.34, which ate down -23.55%. Again, the total number of traders in this marketplace is 174,951. Which is stable compared to the previous week. And its weekly total volume is $214.48M, it's down to -81.62%. The detrimental effects of the bear market have affected everything.

LooksRare is in second place. This marketplace continues to strive to maintain its 2nd position. Last week's average price of this marketplace was $6.89k, it's increased up to 26.09%. Its total number of traders is 6,060, it has decreased by about -22.87%. Its weekly total volume is $ 69.85M, it has decreased by about -8.02%.

Magic Eden is in the third position on this list. It is a popular marketplace in the Solana network. Last week, the average price of this marketplace was $ 115.97, which was decreased to -31.42%. The total number of traders in this marketplace is 104,838, which is a -9.11% decrease compared to the previous week. The total volume of this marketplace for the last one week is $ 39.55M, which is much lower than usual.

Then in 4th place is CryptoPunks. This marketplace has managed to hold its place. Last week, its average price was $ 103.6k, down -19.67%. Again, the total number of traders in this marketplace is 77, which is an increase of 32.76%. Then the total volume of this market is $ 5.18M and it has increased by 8.55%.

Finally, BloctoBay is in 5th place. After much effort, this marketplace has risen to 5th place. Due to the sudden decrease in the volume of this marketplace, it also lost its place from the top ranking. Last week, the average price of this marketplace was $ 68.94, which increased by 107.08%. The total number of traders in this marketplace is 24,498, and it has also increased by about 17.48%. The total weekly volume of this marketplace is $ 4.69M and it has also increased by 243.38%.