Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.::NFTs had a huge bull run two years ago, with billions of dollars per month in trading volume, but now most have crashed to zero, a study found.

  • dangblingus@lemmy.dbzer0.com
    link
    fedilink
    English
    arrow-up
    9
    arrow-down
    1
    ·
    10 months ago

    99 times out of 100, it was the seller selling it to himself to artificially inflate transaction numbers and nudge the price up.

    • dustyData@lemmy.world
      link
      fedilink
      English
      arrow-up
      6
      ·
      10 months ago

      Yeah, but that’s the thing with scams. They make thousands of attempts, but they only need that one sucker.