- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
Of the 73,257 NFT collections we identified, an eye-watering 69,795 of them have a market cap of 0 Ether (ETH).
This statistic effectively means that 95% of people holding NFT collections are currently holding onto worthless investments. Having looked into those figures, we would estimate that 95% to include over 23 million people who’s investments are now worthless.
Bearish market? I’d prefer the market to be atomic bomb-ish (i.e. wipe out every litlle bit of trading)