Top NFT Tokens with Huge Weekly Trading Volume: $PENGU Leads

As a result of a sheer upsurge in the NFT sector, several projects have seen massive increases in trading volume. As per the data from Phoenix Group, $PENGU, $ANIME, and $GALA are prominent among the NFT tokens based on trading volume this week. The crypto analytics firm disclosed the list of the top NFT tokens on its official social media account.

$PENGU’s Weekly Trading Volume Touches Staggering $1.4B, Dominating NFT Market

$PENGU has secured the 1^st spot among the NFT tokens in line with weekly trading volume. The NFT token’s volume has touched $1.4B this week while its price has seen a 27.0% weekly dip. In addition to this, the market capitalization of $PENGU is $643.1M. The 2^nd name on the list is $ANIME as its trading weekly trading volume has reached $834M. Simultaneously, its price has plunged by 27.7% while its market cap stands at $153.4M.

Subsequently, $GALA takes the 3rd rank following attaining the $735M mark in weekly trading volume. Additionally, the 7-day price performance of the NFT token shows a 22.6% decline whereas its market cap is $801.8M. The next NFT token on the list is $SOLV with a $710M in its weekly trading volume while its price displays a 25.4% dip over this week. $APE occupies the 5^th spot following touching $539M in the overall trading volume throughout this week. Concurrently, a 23.1% plunge has taken place in its price.

Apart from that, $SAND’s 6^th position among prominent NFT tokens is based on its $505M figure in 7-day trading volume. However, this week saw a 19.1% decrease in the weekly price performance thereof. Another well-known project on the list is $ME with a trading volume accounting for $500M. Additionally, it has also experienced a spike of 23.2% in its price this week.

$MANA Sees $333M in Weekly Trading Volume to Occupy 10^th Position

Phoenix Group’s list of prominent NFT tokens by their weekly trading volume adds $GMT in the 8^th position. Its per-week trading volume has attained $461M however, the weekly price change of the token shows an 18.2% dip. Along with that, $CHZ’s $374M in per-week trading volume has placed it in the 9^th rank. Moreover, $MANA accounts for a trading volume reaching $333M to secure the 10^th spot among NFT Tokens in line with weekly trading volume.