The four-largest NFT DApps are driving $10m in daily volume

CRYPTONAIRE LYWEEK

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The four-largest NFT DApps are driving $10m in daily volume

According to DappRadar, the top four decentralized NFT apps now drive $10 million in volume each day.

The excitement surrounding NFTs is showing no signs of slowing down, with the top four decentralized NFT apps driving more than $10 million in daily volume.

According to decentralized application data aggregator DappRadar, NBA Top Shot, CryptoPunks, Mooncats, and Sorare represented more than $10.57 million worth of secondary NFT sales over the past 24 hours.

However, overall NFT DApp volumes are dominated by the top four, with the combined daily volume of the 10-largest DApps equating to $12.27 million.

NBA Top Shot’s secondary marketplace is the dominant NFT DApp by all metrics, with 30,944 traders driving 30,372 transact worth $4.62 million over the past 24 hours.

While the pioneering NFT project CryptoPunks ranks second by volume with $4.28 million, it ranks poorly by traders and number of transactions — with 85 users executing 69 trades today. Similarly, the recently exhumed Mooncats collectibles DApp ranks third by daily volume with $1.02 million but ranks seventh by users with 500, and eighth by total trade count with 530.

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