listed by exchange OKEx on Wednesday, currently trading at $4.10.
LookRare’s market capitalization also briefly exceeded $500 million on Thursday, although it has since settled down to around $478 million, placing it 179th out of all crypto projects. death.
The self-invoicing project is “by NFT People, for NFT People”, says its marketplace indexes all NFT collections on the Ethereum blockchain, meaning traders can access All NFTs are available on OpeanSea and other markets.
Data from blockchain research tool Dune Analytics shows that looks have dominated the NFT space in terms of transaction volume since its release. The nascent market had over $551 million in trading volume on Thursday, more than six times an advantage over OpenSea’s roughly $88 million on the same day.
In total, since it was launched on Monday, the appearance has grossed more than $1.37 billion in total volume, compared with OpenSea, which hosts around $281.7 million over the same period.
OpeanSea hit a valuation of $13.3 billion last week after investors pumped more capital in its latest funding round.
Hanna Gottschalk / Natalia Siiatovskaia