**Cryptocurrency and Blockchain News**

- The NFT market is struggling despite the initial hype and investment.

- According to nftevening.com, 96% of NFTs are considered "dead" due to zero trading volume, minimum sales in 7 days, and inactivity on Twitter.

- 43% of NFT owners are in the red, and the average lifespan of an NFT is only 1.14 years.

- The Azuki collection was the most profitable, while Pudgy Penguins brought 97% losses to owners.

- The NFT market has gone from an OpenSea monopoly to an oligopoly with more competitors.

- In 2023, Blur took the lead, while OKX and Tensor showed significant growth.