Non-fungible tokens (NFTs) data aggregator CryptoSlam has identified more than USD 8.3bn worth of wash trading on LooksRare, a new NFT marketplace. Subtracting this volume, it turns out that major NFT marketplace OpenSea is still the dominant player in the field.
As per data by Dune Analytics, LooksRare has exceeded USD 10.9 bn in trading volume since its official launch on January 10. During the same span of time, OpenSea has recorded a volume of USD 3.9bn. …
Read More: Removing LooksRare’s USD 8.3B in Wash-Trades, OpenSea is Still the Dominant NFT Marketplace
