Study: 98% of 2024 NFT Drops Are Dead; Only 0.2% Have Generated Profits for Investors

A new study shows a slump in the non-fungible token market, with low trading activity and steep price drops hinting at potential market oversaturation. Demand and Supply Mismatch A study finds that 98% of non-fungible token (NFT) drops in 2024 have seen no trading activity since September, with 64% having fewer than 10 mints. This […]

Nov 12, 2024 - 03:00
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Study: 98% of 2024 NFT Drops Are Dead; Only 0.2% Have Generated Profits for Investors
Study: 98% of 2024 NFT Drops Are Dead; Only 0.2% Have Generated Profits for InvestorsA new study shows a slump in the non-fungible token market, with low trading activity and steep price drops hinting at potential market oversaturation. Demand and Supply Mismatch A study finds that 98% of non-fungible token (NFT) drops in 2024 have seen no trading activity since September, with 64% having fewer than 10 mints. This […]

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