Despite the fact that the market is new, its name has generated a lot of attention on social media when the market surpassed Opensea's daily transaction volume.
« Complaisance's tragedy. Opensea, like Mex during its apogee, is likely to have succumbed to its ineptitude, content in its established dominance », a Twitter account known as « Hsaka » said.
On Dune Analytics, several people have also created graphs that show the volume differences between the two NFT platforms. For example, a user named Looksrare VS Opensea created a collection of graphics. A group that examines the daily and recurring volume between the two NFT markets. Other Dune Analytics users have created visual graphs for analyzing Looksrare sales.
Looksrare is a new non-fungible token market based on Ethereum. He surpassed Opensea in volume in less than 24 hours during the previous day. Without a doubt, Opensea is the largest NFT market in terms of historical volume. In fact, it records total sales of $14.68 billion dollars. The NFT Looksrare market is brand new, and it has yet to handle billions of dollars in sales.