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CryptoSlam: around 95%, or $18B, of the total trading volume on NFT marketplace LooksRare are users selling tokens to earn rewards, not genuine NFT trades (Olga Kharif/Bloomberg)

Olga Kharif / Bloomberg:
CryptoSlam: around 95%, or $18B, of the total trading volume on NFT marketplace LooksRare are users selling tokens to earn rewards, not genuine NFT trades  —  A closer look at the LooksRare platform that has quickly become the leading NFT marketplace by trading volume shows that most of the activity …