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NFT Bubble Bursts: Experts Warn Issuers Must Get Creative or Face Oblivion
16.1.2025
The non-fungible token (NFT) market faced its worst performance in four years in 2024, with trading volumes and sales dropping by 19% and 18%, respectively. 2024 NFT Trading Volumes Fell to a Quarter of 2022 Levels The non-fungible token (NFT) market experienced its worst performance in four years...
The NFT Bubble Has Officially Burst: Over 95% of NFT Collections Have Zero Value
21.9.2023
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...
NFT market held back by oversupply, greed and bad projects: Gary Vee
12.12.2022
The number of celebrities, brands and artists that hopped on the NFT bandwagon was bound to cause supply and demand issues, said the Vee Friends creator
3 reasons why the FTX fiasco is bullish for Bitcoin
17.11.2022
The FTX fiasco is nothing new for Bitcoin as it survived multiple exchange collapses, bear markets and even outright bans in its decade-plus existence
More Zimbabwean Artists Pivot to NFTs as Bubble Concerns Grow
2.9.2021
A Zimbabwean artist, Greatjoy Ndlovu, joined the growing list of African artists pivoting to the non-fungible tokens (NFT) market after his digital artwork was sold for 0.7 ethereum. The sale, which took place on the Async Art NFT marketplace, is Ndlovu’s first foray into the digital...
Report: Nigerian NFT Artists Thrive Despite Bubble Fears and Ongoing Central Bank Anti-Crypto Restrictions
25.6.2021
Nigerian artists are now increasing their net worth by leveraging the art world’s lucrative pivot to non-fungible tokens (NFT). According to reports, this move to NFTs is happening despite the Nigerian central bank’s renewed anti-crypto stance. NFT Bubble Concerns As a recent CNN report...
The NFT bubble may have popped, but the sector is still primed for expansion
5.6.2021
NFT sales and active wallets fell by more than 40% in the past month but new layer-2 infrastructure is preparing the sector for the next surge
Study Shows NFT Sales Plummeted 90% Over the Last 30 Days, NFT Wallets Dip 70%
4.6.2021
According to a recent study, non-fungible token (NFT) sales have dive-bombed 90% since the market’s record sales on May 3. Market data shows over 130,000 NFT sales that day and 30 days later sales are down to a touch over 84,000, dropping more than 35% last month. Protos.com Study Claims...
The NFT Bubble Might Be Bursting, But Streamers And Esports Orgs Are Still Getting In On It
9.4.2021
As of last month, the age of NFTs was officially upon us. As of this month, it might be on its way out. Average prices have declined by as much as 70% since a peak in February, according to Bloomberg. That, however, has not stopped big-name streaming and esports figures from announcing their...