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In 2024, 96% of NFT collections were deemed "dead," according to a study by NFTEvening.
The average lifespan of a collection is just over a year, with one-third failing this year.
š Researchers analyzed over 5,000 collections and 5 million transactions on NFTScan, classifying projects as "dead" if they had zero trading volume, low weekly sales, or no social media activity.
About 43% of NFT holders faced losses, averaging 44.5%.
Among major collections, Azuki was profitable, while Pudgy Penguins was the most unprofitable. š¤ 0 reply
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