Top 10 NFT-related cryptocurrencies by development activity in the last 30 days

TL; DR

Some NFT-related cryptocurrencies have shown significant growth activity over the past month. Despite strong market performances, the sector leaders in market value such as Internet Computer (ICP) and Artificial Superintelligence Federation (FET) They are not included in the top 10 list.

Top performers

One of the major trends during the crypto bull run of 2021 was non-fungible tokens (NFTs) and their associated cryptocurrencies. Despite declining demand, many of the coins are still available, with a total market capitalization of over $30 billion (CoinGecko's data).

The crypto market information platform Santiment recently Level Top 10 NFT-related cryptocurrencies in terms of “popular development activity”. On a monthly basis. Decentraland (MANA) is the leader. with Score 145.77.

of token, Used to purchase goods and services in the Decentraland ecosystem, it had its glory days at the end of 2021. then, It reached an all-time high (ATH) price of over $5, but currently trades at $0.33.

Flow (Flow) is second with 140.7 points, while Metaplex (MPLX) is third with 20.03. Popular gaming tokens Axie Infinity (AXS) and Enjin Coin (ENJ) round out the top five.

Another well-known cryptocurrency ranking at the bottom of the ladder is The Sandbox (SAND). the same Manna, in November 2021, saw a bull run, with prices reaching above $7. As of now, SAND is priced at $0.31, which represents a whopping 95% discount compared to ATH.

The missing

It is worth noting that none of the five largest NFT-related cryptocurrencies in terms of market capitalization – Internet Computer (ICP), Artificial Superintelligence Alliance (FET), RENDER, IMX and FLOKI – made it onto the above list. .

ICP is done so true FET reached a March 2024 ATH of $3.27 after seeing a price increase of over 130% over the past year.

The price of RENDER also hit a high earlier this year. In January, the token caught the eye of the crypto exchange Coinbase, which Added To the “Road Map” section. The price responded positively to that support, rising further in the coming weeks following an official listing from the company.

Meanwhile, IMX's price has risen 110% year-to-date, while FLOKI has exploded an impressive 715% over the same period.