NFTs with little or no utility

It's not surprising that many NFTs enthusiasts lose millions of dollars to no-utility NFTs; many are discouraged and have lost interest. An example of this is evident in the First-ever tweet sold by Jack Dorsey for $2.9 million in 2021 has a recent highest bid of $132, Accounting for a loss of $2.89 million. Also, Bored Ape, sold for $520,000, lost 60% of its value ten days after purchase.