PFP NFT Resurgence

In recent months, the crypto market has shown signs of recovery, entering what appears to be a new bull market phase. This shift has highlighted some recurring trends, especially the notable increase in trading of PFP NFTs. An analysis of historical price data from the previous bull cycle, juxtaposed with current trading activity, suggests a potential correlation between cryptocurrency price movements and NFT market behavior, with increased NFT trading possibly indicating the peak of a market cycle.

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