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The NFT Bubble Has Officially Burst: Over 95% of NFT Collections Have Zero Value

Non-fungible tokens (NFTs), once the darlings of the digital art and collectibles world, are facing a harsh reality check. According to a recent study conducted by Web3 review website dappGambl that used data from crypto...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

The NFT Bubble Has Officially Burst: Over 95% of NFT Collections Have Zero Value
Non-fungible tokens (NFTs), once the darlings of the digital art and collectibles world, are facing a harsh reality check.
According to a recent study conducted by Web3 review website dappGambl that used data from crypto tracking sites CoinMarketCap and NFT Scan, more than 95% of NFT collections are now effectively worthless....
Read More: The NFT Bubble Has Officially Burst: Over 95% of NFT Collections Have Zero Value

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This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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