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A new market for non-fungible tokens (NFTs) called Looksrare surpassed Opensea in daily trading volume on Wednesday. Statistics show that 3,264 Looksrare traders made $385.39 million in sales on the last day, as the market’s daily volume increased by 1,461%.
Looksrare NFT marketplace ranks #1 in daily NFT trading volume
There is a new Ethereum-based NFT marketplace called looks rare On the last day, it has exceeded open sea Volume at 24 hours. Of course, Opensea is the largest NFT marketplace in terms of historical transaction volume, with total sales of $14.68 billion. Looksrare, the NFT marketplace, is new and has yet to handle billions of dollars in sales.
However, 24-hour statistics show that Looksrare’s Daily and hourly volumes On January 12, 2022, it has surpassed Opensea’s sales. Looksrare’s sales of $385.39 million were among 3,241 traders, down from Opensea’s 59,500 traders on Wednesday. Opensea had 24-hour sales of $109.78 million as of Wednesday at 7:00AM (EST).
Although the market is new, the name has buzz on social media After the market beat Opensea’s daily trading volume. “A tragedy of complacency. Like Mexico in its heyday, Opensea may have succumbed to their inertia and felt comfortable with their established dominance,” the Twitter account said.Saka” tweet.
People also created graphs on Dune Analytics that highlighted the trading volume between the two NFT platforms. For example, a user creates a “Looksrare VS Opensea” A set of charts that analyze daily and hourly volume between two NFT markets. Other Dune Analytics users have create Visualize charts to analyze Looksrare’s sales.
One reason for Looksrare’s surge in popularity is that the project Airdrop LOOK tokens Anyone who has spent up to 3 ETH on Opensea.Although there are several airdropped tokens unofficial For Opensea users, the leading NFT marketplace does not have an official native token.
Dappradar.com’s NFT market data Represents Looksrare’s average sales of $108,000 per unit at the time of writing. Meanwhile, other top NFT markets today include Solana’s Magic Eden with $9.48 million in sales and Mobox with $1.29 million in sales. Looksrare saw the biggest increase in sales over a 24-hour period, while Mobox saw an 87.08% increase.
What do you think of NFT marketplace Looksrare? Let us know what you think about this topic in the comments section below.
Image Source: Shutterstock, Pixabay, Wiki Commons, Opensea, Looksrare,
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