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The rise and fall of NFTs - From $25B to worthless

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by COINS NEWS 51 Views

The rise and fall of NFTs - From $25B to worthless

The video highlights the exact moment the world went insane (2021) Jack Dorsey’s first tweet sold for $2.9 million. The buyer called it the "Mona Lisa of the digital world". A year later, the highest offer for that same NFT was $6,800. That is a 99.8% loss. that is incineration of capital. You had Paris Hilton and Jimmy Fallon awkwardly shilling Bored Apes on TV. This was a top signal. When celebrities are selling you "digital culture," you are the exit liquidity.

submitted by /u/Ikki_The_Phoenix
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