NFTs in 2024: Rebounds, Risks, and the Next Big Moves

2024 proved NFTs are anything but dead. 

Bitcoin Ordinals matured with better tools and markets, fueling a surge in BTC activity. 

Collections like Puppets hit $33K before retracing, showing potential but highlighting volatility.

Pudgy Penguins' $1.5B PENGU airdrop on Solana demonstrated how tokenomics can electrify ecosystems - 7M wallets benefited, pushing PENGU into the top 100 cryptos. 

Brands showed mixed results: Nike and Starbucks retreated, but McDonald's nailed it with strategic Web3 integration. 

Looking ahead, Azuki’s ANIME and Yuga’s ApeChain could spark fresh momentum in 2025.

Source: Decrypt