Top 10 NFT-Related Cryptocurrencies by Development Activity: Details
TL;DR
- Santiment reported that decentraland (MANA) is leading the development activity among NFT-linked tokens.
- Although interest has returned, assets like axie infinity (AXS) remain well below historical peaks, underscoring the ongoing volatility in the NFT market.
Here are the leaders
Non-fungible tokens (NFTs) and their related cryptocurrencies were a big trend a few years ago. Their popularity waned during the 2022-2023 bear market, but they have recently begun to attract the attention of industry participants again.
Crypto market intelligence platform – Centiment – summarized Top 10 NFT-related tokens by development activity in the last 30 days. Decentraland (MANA) leads the ranking with a rate of 267.57. flow (FLOW) ranks second with 234.7 points, and Metaplex (MPLX) ranks third with 40.43 points.
Enjin Coin (ENJ), which has witnessed a significant increase in trading volume in the last 24 hours, is followed by 14.97, while the sandbox (SAND) is in the top 5. club with 14.9.
At the bottom of the list
While sixth place is occupied by a lesser-known cryptocurrency, Aavegotchi (GHST), this is not the case when examining the seventh-placed asset. This is Axie Infinity (AXS), the governance token of the eponymous gaming universe.
It is among the most popular It is a niche coin with a current market cap of around $1 billion. Still, AXS is a long way from its glory days in November 2021, when its market cap exceeded $10 billion and its price reached $160.
Monavale (MONA), NFTX (NFTX) and Punk (PUNK) are NFT-related cryptocurrencies at the bottom of the Santiment ranking.
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