Top 5 NFT Marketplace [ 04-03-2022 to 10-03-2022 ] || 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.

Everything changes over time. The NFT marketplaces have also undergone major changes in the last one week. The sales of a marketplace have increased while the sales of a marketplace have decreased. This is normal to happen over time.

Today I will discuss the marketplaces in the top 5 rankings of the last seven days. I will highlight all the analyzes.

Trading in the NFT marketplace has been a bit down in the last week. According to last week's analysis, LooksRare is in the top 1 in the ranking. Users are down compared to before. Yet this marketplace is considered to be the best because of the transactions. Last week, $465.67M was traded in this marketplace.

Then OpenSea is in the 2nd position of the ranking. This is one of the most popular NFT marketplaces. This marketplace has the largest number of users. However, the number of users has decreased this week as compared to last week. $439.33M worth of NFT is traded in this marketplace.

Then there is BloctoBay in the 3rd ranking. Compared to last week, the number of active users has decreased by about 10 thousand this week. As a result, the ranking of this marketplace has changed. A total of $41.84M worth of NFT was sold last week.

Axie Infinity is in 4th position. This marketplace was in 5th position last week. As such, this marketplace has improved. However, the user could not hold this week compared to last week. About 10,000 users have been reduced. Trading has affected about 3 million dollars. $10.13M was traded last week.

CryptoPunks is in the last 5th position. It was in 4th position last week. But this marketplace has lost the ranking due to the loss of users. NFT equivalent to about $ 8.94M has been traded this week.

These rankings are based on a week's total volume. The more dollars that are traded in that marketplace, the more that marketplace will be ahead in the rankings.