$PENGU’s Weekly Trading Volume Touches Staggering $1.4B, Dominating NFT Market
$PENGU has secured the 1st spot among the NFT tokens in line with weekly trading volume. The NFT token’s volume has touched $1.4B this week while its price has seen a 27.0% weekly dip. In addition to this, the market capitalization of $PENGU is $643.1M.
$ANIME and $GALA Follow Suit
The 2nd name on the list is $ANIME as its trading weekly trading volume has reached $834M. Simultaneously, its price has plunged by 27.7% while its market cap stands at $153.4M. $GALA takes the 3rd rank following attaining the $735M mark in weekly trading volume. Additionally, the 7-day price performance of the NFT token shows a 22.6% decline whereas its market cap is $801.8M.
Other Notable NFT Tokens
Apart from that, $SOLV with a $710M in its weekly trading volume, $APE with a $539M, $SAND with a $505M, and $ME with a $500M, also made it to the list. $MANA, which occupies the 10th position, has a trading volume of $333M.
Conclusion
The NFT market is experiencing a surge in trading volume, with several projects seeing massive increases. The top NFT tokens by weekly trading volume, as per Phoenix Group, include $PENGU, $ANIME, and $GALA. These tokens have seen significant price movements, with some experiencing price dips and others showing growth. The data suggests that the NFT market is an exciting space to watch, with many projects vying for attention.
FAQs
- What is the top NFT token by weekly trading volume?
$PENGU with a weekly trading volume of $1.4B - What is the market capitalization of $PENGU?
$643.1M - What is the rank of $GALA in the list?
3rd with a weekly trading volume of $735M - What is the price change of $SAND over the week?
19.1% decrease
