Over 95% of NFTs Are Worthless

A study of 73,000 NFT collections found that more than 95% had a market cap of zero ether and an estimated 23 million people are holding worthless assets.

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

See also:

• Trading volume of NFTs fell 97%
• Investment strategies that only work in a bull market
• Growth in tech during the pandemic was not permanent