Last month, the NFT market saw a spike in trading volume on April 5th, followed by a significant 50% drop by the end of the month. The number of NFT sellers exceeds the number of buyers, indicating a potential oversupply in the market.
As these markets evolve and grow, investors and traders must stay abreast of the latest developments and trends. By examining the key factors driving the cryptocurrency and NFT markets, we can better understand the opportunities and risks associated with these emerging trends.
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