wash trading

NFT Market Sees Sales Dip Amid Wash Trading Declines

NFT Market Sees Sales Dip Amid Wash Trading Declines

NFT market sales were down 18.43% to $116.9 million. Quite a few blockchains and NFT projects have proved to be recession-proof in the recent bear market. Simultaneously, wash trading has dropped dramatically on certain exchanges. Private market Immutable was able to maintain its number one rank, despite a drop in...

NFT Sales Surge Hides a Dark Secret Fewer Buyers More Wash Trading

NFT Sales Surge Hides a Dark Secret Fewer Buyers More Wash Trading

We’re used to having headlines yell at us about skyrocketing NFT sales. Bitcoin hitting $103,000! Ethereum bouncing back! The crypto market cap ballooning! I know — it’s easy to get caught up in the excitement, right? Before you jump into the NFT waters, let’s pause to drain the swamp and...

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