Weekly Top 5 NFT Marketplace [ 09-08-2022 to 15-08-2022 ] || 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 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 the number 1 position every week. Last week the average price was $137.4, which increased by 11.12%. Again, the total number of traders in this marketplace is 165,571, which is decreased by -4.43%. And its total weekly volume is $134.73M, it's up to 5.95%. The detrimental effects of the bear market have affected everything.

X2Y2 is in the second position for the fourth time on this list. It is a popular marketplace in the ETH network. Last week, the average price of this marketplace was $374.72, which was increased to 10.32%. The total number of traders in this marketplace is 17,267, which is increased to 21.1% compared to the previous week. The total volume of this marketplace for the last one week is $23.9M, which was increased to 44.68%.

Then in 3rd place is Magic Eden. Last week, its average price was $30.79, which was a decrease to -17.89%. Again, the total number of traders in this marketplace is 63,210, which is decreased to -18.03%. Then the total volume of this market is $10.16M and it has decreased to -42.73%

CryptoPunks is in 4th place. This marketplace holds its 4th position. Last week's average price of this marketplace was $183.82k, it's increased to 13.82%. Its total number of traders is 71, it has decreased by about -5.33%. Its total weekly volume is $9.37M, it has decreased to 4.84%.

Finally, BloctoBay ranks 5th on this list. This is the FLOW NFT marketplace. After a few months, this marketplace is on the review list. The average price of this marketplace was $116.53 and that increased by about 65.73%. The total number of users in this marketplace is 22,151, which has increased by about 29.05%. The total volume of this marketplace is $9.35M, which has increased by 157.8%. This marketplace has taken place on my list due to its volume increase.