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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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[–] Veraticus@lib.lgbt 113 points 1 year ago (16 children)

Out of the top collections, the most common price for an NFT is now $5-$10.

Still overpriced!

[–] bobs_monkey@lemm.ee 51 points 1 year ago (14 children)

I'm honestly amazed they're worth anything at all.

[–] mrgoodc4t@lemmy.world 8 points 1 year ago

They’re still not

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