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Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless. (markets.businessinsider.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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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.

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[-] who8mydamnoreos@lemmy.world 48 points 1 year ago

The whole point was to get dollars into crypto so the holders could cash out. The value was never meant to stay.

this post was submitted on 21 Sep 2023

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