Some of the most sought-after nonfungible tokens (NFTs) of 2022 have taken a massive hit in value over the past year. The trend mirrors the depreciating value of metaverse properties in 2023, which were considered top virtual lands for investment in 2022.
Investments in top NFT projects, including Doodles, Invisible Friends, Moonbirds and Goblintown, have lost up to 95% of their value in Ether (ETH). The value of blue-chip NFT collections alone has fallen down by over 40% on average.
Cele mai mari NFT din 2022 au avut un 2023 DUR.
Mâzgălituri…
23 ETH 2.3 ETHPrieteni invizibili...
8 ETH 1.15 ETHMoonbires…
32 ETH 2 ETHGoblintown…
6 ETH .26 ETH pic.twitter.com/5Fr9BMhmkg— HashBastards NFTs (@HashBastardsNFT) 21 Mai, 2023
Data from NFTGo shows that the Blue Chip Index went down to 7,446 ETH from its yearly high of 12,394 ETH back in July 2022.
Surprisingly, NFT investors remain unfazed by the ongoing decline in value. While some expect further and prolonged depreciation of NFT prices, a handful of investors believe it’s the right time to invest, as they anticipate a comeback.
On the contrary, the number of blue chip NFT holders over the past year has increased by more than 90%. During this time, sellers increased by 32% while buyers decreased by 30%.
Related: Prețul Bitcoin atinge 27.2 mii USD, dar o nouă analiză avertizează că mai multe pierderi sunt „probabile”
Despite the financial setbacks, the NFT ecosystem continues to draw the attention of new investors. On May 27, crypto skeptic Peter Schiff launched an NFT project on the Bitcoin blockchain via Ordinals.
DEZVOLTARE: ORDINALE ENJOYERS REUSERĂ LA BORD PETER SCHIFF LA BITCOIN ÎN 3 LUNI; LASER-EYES INFORT DUPĂ NU L-A FĂCUT SĂ SE ALĂTURATE TIMP DE 10 ANI pic.twitter.com/rbWPhXJYD2
— Udi Wertheimer ♂️ (@udiWertheimer) 26 Mai, 2023
Schiff unveiled the “Golden Triumph” NFT collection, depicting a human hand holding a bar of gold. The collectibles will be sold via a two-part auction starting on June 2 and ending on June 9.
Source: https://cointelegraph.com/news/popular-nft-investments-take-a-massive-hit-in-2023