The LooksRare NFT marketplace, launched on January 10, had $ 9.5B + ​​in trading volume, of which $ 8.3B + appears to be users "wash trade" between their own wallets (Andrew Hayward / Decrypt)


Andrew Hayward / Decrypt:

The LooksRare NFT marketplace, launched on January 10, had $ 9.5B + ​​in trading volume, of which $ 8.3B + appears to be users “laundering” between their own wallets– CryptoSlam says that the vast majority of hot NFT marketplace sales are illegitimate trades made to manipulate the token reward model.

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