95% of all NFTs are officially WORTHLESS
- Author
- Dr Boyce Watkins
- Published
- Thu 21 Sep 2023
- Episode Link
- https://podcasters.spotify.com/pod/show/smart-black-people/episodes/95-of-all-NFTs-are-officially-WORTHLESS-e29js1a
According to Business Insider, the #NFT Market has plummeted. Finance Professor Dr Boyce Watkins analyzes the NFT market and why valuations have plummeted.
According to Business Insider, the following is true:
Most NFTs may now be worthless, less than two years after a bull run in the digital collectibles.
A new study indicated that 95% of over 73,000 NFT collections had a market cap of 0 ETH.
Out of the top collections, the most common price for an NFT is now $5-$10.
Dr Boyce Watkins is a Finance PhD and author of the book, "The 10 Commandments of Black Economic Power." To learn more, please visit BoyceWatkins.com.
