September NFT Market: Bearish Sentiment Prevails

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In September, Rolling Stone, a prominent mainstream media outlet, garnered significant attention with a captivating article titled “Your NFTs Are Actually — Finally — Totally Worthless”. This article claimed that “95 percent of the once-hyped crypto assets have hit rock-bottom valuation”, rendering them “largely worthless”. While this narrative struck a nerve, the reality is more nuanced and offers reasons for optimism.