What I know is that NFT prices can change quickly and complexly and almost every day is born on the other hand The downside is low liquidity and trading volume although 2024 will be the year of NFT.
NFT was not liquid. It's determined based on the interest from people. You can't dump your NFT to the market like you dump your token. 
it's very different thing. The total volume that being counted by NFT market was not based on the total liquidity that available. It's represent the total volume of transactions that happened in the NFT. NFT can be pumped and dumped like the token. You shall not be surprised if the price could change quickly like token.
Someone was able to pump the price of NFT by buying so many NFT with bigger price. It has pretty much the same mechanism like token. I wanna say if NFT was just a speculation product like token that issued by any projects right now.
The only popular NFT who got lots of demand unlike tokens even some crappy meme tokens were able getting big liquidity.