Nearly $23.7 billion worth of NFTs have been minted in 2022 as wash trading scams increase
- Nansen tweeted that a total of $23.7 billion worth of NFTs were minted.
- The crypto analytics firm claimed weekly volume of NFTs reached $1.6 billion.
- LooksRare saw the highest number of wash trade scams in January and February.
Nansen, a crypto analytics firm, tweeted that a total of $23.7 billion worth of NFTs would be minted and traded in 2022. Additionally, the crypto analytics firm claimed that the weekly volume of NFTs had reached $1.6 billion in early May, when NFTs were the most minted.
In 2022, a total of $23.7 billion worth of NFTs were minted and traded on EthereumWeekly. Volume hit $1.6 billion in early May after Yuga Labs launched Otherdeed for Otherside pic.twitter.com/5GQZEgKhvX
— Nansen (@nansen_ai)
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