NFT Prices Rebound in January Despite Continued Wash Trading
• NFT indexes up nearly 10% in January, outpacing Ether's 2% gain • Nansen's NFT-500 index up 9.35%; Blue Chip 10 also up about 9% • Animoca Brands founder cites maturity and diversity as reasons for NFT price recovery • Rally comes despite 13% drop in average NFT price to $107 • Wash trading accounts for 39% of NFT volume, per CryptoSlam data