According to a recent report by crypto platform dappGambl, 95 percent of NFT collections are worthless today.
— roughly $58,700 at the time — which was the lowest it'd been since October 2021.
Since then, the floor price has only continued to sink, reaching depths of just 24 ETH at the time of writing,It's a moment of reckoning for the space, and the future of the tokens is uncertain as ever. Even filtering out just the top value NFTs, dappGambl found that 18 percent of these top collections had a market cap of zero Ether, indicating that even hyped-up collections have become effectively worthless.
That doesn't necessarily mean NFTs have gone away completely, with the report suggesting that NFTs "still have a place in our future." But to weather the storm, the tokens will have to prove they have inherent value, whether that's from being culturally relevant or representing actual art, which is far easier said than done.
Meanwhile, crypto communities are seemingly in denial about the devastating downturn, with some Redditors arguing NFTs are still a
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Study Finds Drinking Children’s Blood No More Effective Than Regular Blood At Achieving Eternal LifeBOSTON—Challenging the alleged benefits of the practice as touted in the press and by social media influencers, a study published Thursday in the Journal Of Hematology concluded that drinking children’s blood is no more likely to lead to eternal life than drinking regular blood. “When it comes to attaining…
Leer más »
Dolphins, seals and whales managed by the US are highly vulnerable to climate change, study findsAccording to a study published in PLOS ONE, 72% of cetacean and pinniped stocks managed under U.S. jurisdiction are highly or very highly vulnerable to climate change. The research was led by Matthew D. Lettrich at NOAA Fisheries, in Silver Spring, Maryland, USA.
Leer más »
Socially vulnerable populations are disproportionately exposed to wildfires in the West, study findsPeople experiencing a high degree of social vulnerability are also more exposed to wildfires in Oregon and Washington as wildfire risk increases, a new study shows.
Leer más »
A new study finds that the rental market is starting to coolAccording to the latest report from Rent.com, rents in LA, Orange County, and Long Beach are up 1.65 percent year over year -- a lower price point than what researchers expected.
Leer más »
Morning exercisers tend to have healthier habits, which can help with weight loss, study findsA newly published study has found morning exercisers may have healthier habits that help with weight loss.
Leer más »