💀 ⚠️NFT Market Collapse😱🔥

A recent report reveals that 96% of NFT collections are now considered “dead,” with 43% of holders currently unprofitable. The average lifespan of NFTs is just 1.14 years, 2.5 times shorter than cryptocurrency projects. The Azuki collection remains the most profitable, while

Once popular collections such as Pudgy Penguins have suffered sharp declines.

💡The NFT market is no longer the golden goose it appeared to be.

Investors should exercise extreme caution and do their research before entering this space.

Stay tuned for new trends in successful collections and potential regulatory developments in the NFT space.

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