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.

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.

  • @[email protected]English
    9•10 months ago

    99 times out of 100, it was the seller selling it to himself to artificially inflate transaction numbers and nudge the price up.

    • @dustyDataEnglish
      7•10 months ago

      Yeah, but that’s the thing with scams. They make thousands of attempts, but they only need that one sucker.