The NFT market took a big hit in 2024! 📉

- According to NFT Evening, 96% of over 5,000 NFT collections are “dead.”

- 2023 was a record year for NFT crashes, with 30% of projects falling into the “dead” category.

- Justin Bieber’s $2 million NFTs in 2022 are now worth just $100,$ .

- OpenSea’s value fell from $13.3 billion to $1.4 billion.

Source: NFT Evening