In 2021, over $25 billion worth of NFTs changed hands — everything from CryptoKitties to Bored Apes to million-dollar digital rocks. By 2025, over 95% were worthless. This video breaks down the entire arc of the NFT phenomenon: how it started, why it exploded, the role of OpenSea, celebrity hype, scams, wash trading, and ultimately, the collapse most buyers never saw coming.
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