$ETH This line looks a bit tangled: Pudgy Penguins and BAYC's floor prices are both rising, but the market as a whole is shrinking. Sales dropped from $304 million in February to $175 million in April, with trading volume and active users nearly halved, and wash sales still making up a large proportion. On the surface, blue-chip projects are supporting it, but in reality, the market is getting narrower, and NFTs are still far from truly rebounding. $ETH

ETH-2.93%
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