LooksRare seemingly came out of nowhere to become the biggest rival yet to leading NFT marketplace OpenSea earlier this month. However, it seems It’s being marred by rampant wash trading, as users buy and sell NFTs between wallets they control in an effort to manipulate daily trading rewards.

~This episode is sponsored by FTX US~
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00:00 Intro
00:46 FTX US
02:06 Looksrare Wash Trading
03:50 NFT Market
05:58 Lennon, Gucci, Atari, Lamborgini NFTs
06:52 Looksrare Volume vs Opensea
07:53 Trading Fees vs Opensea
09:03 Looksrare Updates
09:55 Trading Rewards
11:22 $LOOKS Sentiment Analysis Data

#NFT #Looksrare #Crypto
~LooksRare Token Analysis | Insanely High Staking Rewards Exploited ~
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