2024 report finds 96% of NFTs declared ‘dead’ amid market volatility

A recent report by nftevening.com reveals a worrying state of the non-fungible token (NFT) market, with 96% of NFTs now considered “dead”. The analysis highlights the high rate of unprofitability among holders and the transient lifespan of most NFTs. The NFT sector faces an uncertain path as the 2024 Bull Run bypasses it As pointed out in nftevening.com’s 2024 report, (…)