Top 10 NFT-Linked Cryptocurrencies by Development Activity: Details

TL; DR

Santiment reports that Decentraland (MANA) leads development activity among NFT-linked tokens. Although demand is returning, assets such as Axie Infinity (AXS) remain below their historical highs, indicating volatility in the NFT market.

Table of Contents

Toggle

Here are the leaders.

Non-perishable tokens (NFTs) and their associated cryptocurrencies were a big trend a few years ago. During the bear market period of 2022-2023, their popularity decreased, but recently, they began to attract the attention of industry participants again.

Crypto market information platform – holy – Listed. Top 10 NFT-related tokens in terms of development activity in the last 30 days. Decentraland (MANA) leads with a ratio of 267.57. Second place is Flow (FLOW) at 234.7 and Metaplex (MPLX) is third at 40.43.

Engine Coin (ENJ), the highest traded pair in the last 24 hours, follows at 14.97, while Sandbox (SAND) holds 5 highs. Club with 14.9.

The bottom of the list

The sixth place is occupied by the little-known cryptocurrency Aavegotchi (GHST), but this is not the case when you look at the asset that is placed at number seven. This is Axie Infinity (AXS), the governing symbol of the eponymous gaming universe.

It is one of the most popular With a current market capitalization of nearly $1 billion of coins in the space. Still, AXS is a long way from its glory days, when the market cap topped $10 billion in November 2021 and the price touched $160.

Monavale (MONA), NFTX (NFTX) and Punk (PUNK) are NFT-linked cryptocurrencies at the bottom of the sentiment rankings.