📊 Top 5 NFT Marketplaces by 24hr Volume: Blur Takes the Lead! 🔥

👀 Curious about the top NFT marketplaces by 24hr volume? Let's dive into the latest rankings! 📊

The Top 5

1️⃣ Blur: $15.7M 💸
2️⃣ Magic Eden: $7.2M ✨
3️⃣ OKX NFT Marketplace: $3.5M 🚀
4️⃣ MOOAR: $2.6M 🐮
5️⃣ OpenSea: $2.1M 🌊

Analysis

🤔 Blur takes the top spot with a significant lead, followed by Magic Eden and OKX NFT Marketplace. MOOAR and OpenSea round out the top 5.

📈 The NFT marketplace landscape is constantly evolving. Keep an eye on these top 5 marketplaces and their volumes to stay ahead in the game! 👀

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Non-Fungible Tokens (NFTs) have revolutionized the way digital content is bought, sold, and owned. As unique digital assets, NFTs offer creators an unprecedented opportunity to tokenize their work and reach a global audience of collectors and enthusiasts. This guide will walk you through the process of selling NFTs, from understanding the basics to navigating the marketplaces and engaging with the community.

𝟏. 𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐍𝐅𝐓𝐬: Learn what NFTs are and how they work.

𝟐. 𝐂𝐫𝐞𝐚𝐭𝐞 𝐘𝐨𝐮𝐫 𝐍𝐅𝐓: Mint your digital content into an NFT using a marketplace or platform.

𝟑. 𝐂𝐡𝐨𝐨𝐬𝐞 𝐚 𝐌𝐚𝐫𝐤𝐞𝐭𝐩𝐥𝐚𝐜𝐞: Select a suitable platform like OpenSea, Rarible, or Foundation.

𝟒. 𝐒𝐞𝐭 𝐔𝐩 𝐘𝐨𝐮𝐫 𝐀𝐜𝐜𝐨𝐮𝐧𝐭: Sign up, complete your profile, and connect a digital wallet.

𝟓. 𝐋𝐢𝐬𝐭 𝐘𝐨𝐮𝐫 𝐍𝐅𝐓: Provide details, upload images, and set a price and royalties.

𝟔. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐘𝐨𝐮𝐫 𝐍𝐅𝐓: Promote your NFT on social media and engage with potential buyers.

𝟕. 𝐄𝐧𝐠𝐚𝐠𝐞 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲: Participate in discussions and collaborate with other creators.

𝟖. 𝐌𝐚𝐧𝐚𝐠𝐞 𝐓𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧𝐬: Handle sales professionally and ensure secure delivery to buyers.

𝟗. 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐨𝐮𝐬𝐥𝐲 𝐄𝐯𝐨𝐥𝐯𝐞: Stay updated on trends, experiment with new ideas, and adapt to changes in the market.

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NFT sales dropped in April, with a 31.26% decline from March ¹. ⬇️⬇️⬇️
Here are some details about the decline in NFT sales in April:

- The total NFT sales volume in April was $1.15 billion.

- The number of NFT buyers fell by 51.88%, and sellers decreased by 45.72%.⬇️⬇️

- Bitcoin was the leading blockchain in NFT sales, generating $597.62 million.

- Ethereum NFT sales dropped by 56.8% to $247.32 million.

- Solana's NFT sales declined by 39.4% to $159 million.

- Polygon and Mythos Chain experienced losses, with sales of $54.13 million and $28.68 million, respectively.

- Immutable X and Avalanche recorded an increase in NFT sales.🚀

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