Nearly all NFTs are now literally worthless after their valuation plummeted to $0
https://www.unilad.com/technology/ne...06993-20230921
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It’s no secret that NFTs are on their way out.
But now, a new report from industry researchers has revealed that the cryptocurrency is pretty much worthless.
According to Rolling Stone, the new report titled ‘Dead NFTs: The Evolving Landscape of the NFT Market’ by NFT Scan and CoinMarketCap observed 73,257 NFT collections and found 69,795 have a market cap of zero Ether (ETH).
In other words, 95 per cent of NFTs were worth peanuts.
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