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.
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.