SuperRare ($RARE ) is still on fire, surging over 70% today 🚀 alone and a whopping 250% in the past week. This digital art marketplace is undeniably gaining traction. 🔥🌕

However, let's dig a little deeper. Despite the impressive price action, there were only 35 sales totaling around $24K on the #RARE platform in the past week. 🤮 This suggests that the price increase might be signals of market manipulations. 😤

Furthermore, the broader NFT market is still struggling. Overall NFT sales have dropped significantly since their peak in December 2023. 🌩️📉

While RARE's surge is exciting, it's crucial to approach it with caution (we insist!!). 👋The current market conditions and limited trading activity on the platform raise concerns about the sustainability of this price rally. 🤐

What do you think about RARE's recent price surge? 🤷 Is it a sign of a long-term trend or just a short-lived pump? DYOR! #Altcoins #LowestCPI2021