Dare Obasanjo on Twitter
twitter.com
Analysis of 6.1 million trades of 4.7 million NFTs shows that the top 10% of traders have traded 97% of NFTs which definitely puts meat on the bones of the hypothesis that a lot of NFT trades are wash sales intended to artificially boost prices. https://t.co/ufgmhE2iBi— Dare Obasanjo (@Carnage4Life) November 30, 2021
  • mparenti123 [none/use name]
    ·
    3 years ago

    the vast vast majority of crypto is a pump and dump. i myself hold a shitcoin that's worth close to 0

      • Owl [he/him]
        ·
        3 years ago

        The shitcoins don't cost nearly as much electricity. More than they're worth, of course, but a dogecoin transaction is only like an hour of regular computer use. Or turning off adblock for three days.