$13.7 Billion Vanishes: NFTs Crumble Alongside the Crypto Market
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Once the rising stars of Web3, NFTs have lost their luster. Since 2021, their trajectory has resembled more that of a slide than a rocket: in three years, their capitalization has collapsed by over 90%. At the beginning of 2025, the hope for a comeback was still allowed, but the trend abruptly reversed. In February, trading volume dropped by 50% to fall to 498 million dollars. So, is this a mere hiccup in the crypto market or a warning sign of an irreversible decline?
The fall of NFTs: a measured descent
The public’s disinterest in non-fungible tokens is far from…
