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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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[-] malloc@lemmy.world -2 points 1 year ago

During the shitcoin hype, bought $100 chunks of various projects. Only 1 coin 🚀 to the moon for a nice $20K profit (it crashed 2-3 weeks after selling). If it had shed another 0, would have had a nice chunk of money.

[-] LukeMedia@lemmy.world 1 points 1 year ago

Yeah you could make a lot of money during that bubble if you knew what you were doing. Aka, if you were cognizant of it being a bubble.

this post was submitted on 21 Sep 2023

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