96% of NFTs Deemed ‘Dead’ as Market Struggles with Speculation and Volatility

96% of NFTs Deemed ‘Dead’ as Market Struggles with Speculation and Volatility

The non-fungible token (NFT) market has witnessed explosive growth, followed by significant downturns over the past few years. Despite the initial hype and heavy investment, it is now grappling with severe instability. According to a report from nftevening.com, a staggering 96% of NFTs are considered “dead” based on three factors – zero trading volume, minimal […]

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