23 May 2024
Rewards
Is the NFT craze losing its sparkle?
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23 May 2024
In this Edge of NFT Hot Topics, the team discusses with Joe Benso where a report from the Rolling Stones reveals that 95% of the once-hyped crypto assets have plummeted to rock-bottom valuations, leaving around 23 million people with virtually worthless investments. The article provides the harsh reality of the NFT market, which has seen tens of thousands of once-popular NFTs drop to a market cap of 0 ETH, underscoring the need for careful due diligence and the challenges facing this highly speculative and volatile space.
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