Prime NFT Marketplaces in Q1
Magic Eden emerged as the highest market in transaction quantity for Q1 2024, recording $163 million in January, $256 million in February, and a pointy improve to $756 million in March, totaling $1.7 billion within the first quarter.
Try: Magic Eden Rewards Diamonds to ETH NFT Merchants At this time (nftplazas.com)
In the meantime, Blur maintained robust transaction exercise, producing $500 million in January, $502 million in February, and $530 million in March. This resulted in over $1.5 billion in NFT gross sales for the quarter. With a market share of 28%, Blur skilled a progress of 25% when in comparison with knowledge from This fall 2023.
Furthermore, the OKX NFT Market—linked to the OKX crypto change—claimed the third spot, amassing over $588 million in gross sales through the first three-month stretch. Nonetheless, the buying and selling quantity for Bitcoin NFTs on the OKX platform noticed a marked decline of 73.3%.
Extra prime contenders within the NFT market highlighted included Tensor NFT Market, with a turnover of $484 million; OpenSea, with transactions totaling above $457 million; and UniSat NFT Market, clocking in at greater than $139 million in Q1.
CryptoPunks, MOOAR, X2Y2, and Ordinal Pockets have been additionally talked about, every contributing to the cumulative buying and selling quantity of $4.7 billion throughout this era.
