NFT Market Looksrare Surpasses Opensea's 24-Hour Sales With $385 Million in Volume

NFT Market Looksrare Reach $385M in Volume in 24h Surpassing Opensea

A new non-fungible token marketplace (NFT) called Looksrare outperformed Opensea in terms of daily volume on Wednesday. Statistics show that 3,264 Looksrare traders executed $385.39 million in shorts during the last day, as the market recorded a 1,461% increase in daily volume.

24-hour statistics show, however, that Looksrare‘s daily volume and hourly volume surpassed Opensea‘s sales on January 12, 2022. Looksrare recorded $385.39 million in sales among 3,241 traders, which is less than Opensea‘s 59,500 traders on Wednesday. Opensea‘s 24-hour volume was $109.78 million in sales on Wednesday morning at 7:00 am (EST).

While the markeplace is new, the name is buzzing on social media after the market surpassed Opensea‘s daily turnover.