It is observed that an NFT purchased for $69 million in 2021 has now dropped to $19,000 when attempting to put it up for sale. Such dramatic value losses in the NFT market clearly demonstrate the volatility of digital assets. A decline of over 99% over a three-year period is a concrete example of how uncertain the market can be and what kinds of risks investors face.
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MEVSandwich
· 1h ago
NFT dropped from 69 million to 19 million. This is the reality of Web3... Where's the promised digital art?
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GasFeeCrybaby
· 1h ago
Damn, a $69 million NFT is now only worth $19,000? This isn't investing, it's gambling, bro.
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SnapshotLaborer
· 1h ago
69 million directly plummeted to 19k, this is the magical reality of Web3... Luckily, I didn't get on that train.
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SchrodingersFOMO
· 1h ago
$690 million invested, now at 19k... This is NFT, a painful lesson
It is observed that an NFT purchased for $69 million in 2021 has now dropped to $19,000 when attempting to put it up for sale. Such dramatic value losses in the NFT market clearly demonstrate the volatility of digital assets. A decline of over 99% over a three-year period is a concrete example of how uncertain the market can be and what kinds of risks investors face.