Tens of thousands of NFTs, once a tech sensation that attracted celebrities and artists, have now plummeted in value, rendering them virtually worthless.
A recent report by dappGambl, analyzing data from NFT Scan and CoinMarketCap, reveals that 69,795 out of 73,257 NFT collections currently hold a market cap of 0 Ether, leaving a staggering 95% of NFT collectors, amounting to 23 million individuals, with investments that have lost all value.
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