Pssst…..they were always worthless.

Filed in National by on September 21, 2023

Remember when NFTs sold for millions of dollars? 95% of the digital collectibles may now be worthless.

Are NFTs dead?

A recent study looking at the price of thousands of collections seems to suggest the answer is “yes.”

A report by dappGambl based on data provided by NFT Scan and CoinMarketCap showed that out of 73,257 NFT collections the researchers looked at, 69,795 of them, or slightly over 95%, had a market cap of zero ether.

By their estimates, almost 23 million people hold these worthless assets.

About the Author ()

Jason330 is a deep cover double agent working for the GOP. Don't tell anybody.

Comments (2)

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  1. Roger says:

    At least a garden center can still charge something for a tulip.

  2. jason330 says:

    And yet, Trump NFTs are still a great investment for any conservatives looking for a safe harbor for their untaxed millions

    https://www.gobankingrates.com/investing/crypto/trump-nft-cards/