Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.
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![Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.](https://lemmy.world/pictrs/image/e27b44f9-68c4-4596-b064-58b176ecfcde.jpeg?format=jpg&thumbnail=256)
markets.businessinsider.com
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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95% seems a little low. I assume that it's closer to 99.9%.
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Even at the hype max there was already a lot of worthless NFTs, so it can easily be even less than 95%.