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Almost no one made money from reselling NFTs released in 2024

Almost no one made money from reselling NFTs released in 2024

HappyCoinNewsHappyCoinNews2024/11/13 06:33
By:HappyCoinNews

The results of a study conducted by employees of the NFTevening Team indicate that almost no one made money on the resale of the coins issued in 2024 NFT .

The experts analyzed statistics on 29 collections of non-fungible tokens that appeared from January 079 to August 1, 31, and Found out the following key points:

  • 98% of them were complete failures, with their price falling at least in half within the first three days of release;
  • peak value 84% NFT coincided with the starting price of the assets;
  • Investors made a profit by reselling only 0,2% of the tokens.

The list NFT , which failed, included tokens that were not in demand at all. This list included 98% of coins that were bought less than 10 times within a week of release. This fact indicates that the vast majority of projects fail to attract the attention of collectors, so their price drops sharply and does not get out of a deep hole.

Among the "living" collections NFT , which continue to be traded, there were also few tokens capable of increasing capital. According to statistics, only 11,9% of them brought profit to buyers. The acquisition of 88,1% of coins resulted in losses or, at best, allowed them to break even.

Almost no one made money from reselling NFTs released in 2024 image 0

Quantity NFT , bringing profit to buyers

These data show how selective and cautious investors should be. The cost of the vast majority NFT does not remain stable or grow, making profits a rare occurrence in current market conditions, the study authors concluded.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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