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.