On April 1st, according to the latest report from Matrixport, cryptocurrency trading volume has skyrocketed since early March as a wave of counterfeit currency activities flooded the market. The expectation of Ethereum Denchun upgrades and low transaction fees has sparked this frenzy, with some political developments pushing cryptocurrencies to the forefront of political elections. However, as trading volume decreases, the sustainability of the rise of counterfeit coins is being questioned.
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