The NFT world has made millions for lots of investors, while at the same time, it has bankrupted just as many people. There are rumors that NFTs will make a big comeback in 2024 and grab the headlines again. But is that really true? Can we trust these rumors? To find out, we will return to the very beginning - to the peak of NFTs in 2021, we will try to understand the reasons for the collapse of the market in 2022, its gradual recovery in 2023, and give a forecast for the current year.
Discord breaches, malicious links, and the whole range of free NFT coin scams left many people with heavy losses and undermined confidence in the market. Third factor. The collapse of big systems When FTX, one of the largest crypto exchanges, filed for bankruptcy, allegedly due to a liquidity shortage and a disappearing act with the funds.