Odaily News NFTevening's latest report shows that the NFT market is facing serious difficulties. 96% of NFTs can be considered "dead", that is, these NFTs have almost no trading volume, extremely low sales in 7 days, and almost no activity on social media. The report analyzed 5,000 NFT collections and 5 million transactions, and calculated the profit and loss (PnL) of each holder by analyzing transactions over a 5-year period. The results showed that more than 43% of holders have suffered losses, and the average return on investment has dropped by 44.5%. In addition, the average life cycle of NFTs is only 1.14 years, which is 2.5 times shorter than the average life of traditional crypto projects.