ApeCoin: Did YugaLabs' latest caution have any effect on APE
The year, 2022 can be considered as one of the most challenging years for the cryptocurrency market as a whole. The last two months have been a rough ride for theNFT sales volume commenced its downturn over the past month, with the number of sales dropping by around 63% to 9,000 and sales volume in USD plunging by more than 87%.
somewhere around the 12k mark. Primary and secondary sales, unique buyers and sellers, and active market wallets – all dropped between 40% and 80%. But there could be more bloodshed here.What could worsen this situation? Well, coordinated illicit activities for one could affect the market sentiment. Unfortunately, this is the case here.
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