Remember when NFTs sold for millions of dollars? 95% of the digital collectibles may now be worthless.
markets.businessinsider.com
NFTs had a huge bull run two years ago, with billions of dollars a month in trading volume, but now most have crashed to zero, a study found.

Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.::NFTs had a huge bull run two years ago, with billions of dollars per month in trading volume, but now most have crashed to zero, a study found.

  • Honytawk@lemmy.zipEnglish
    2·
    1 year ago

    Well, NTF is based upon the Greater Fool Theory.

    So if those with invested interests are unable to find a bigger fool to sell them to, those NFT become worthless.

    You got downvoted because you were interfering with money from the NFT investors.