What killed NFTs?

The once booming market for Non-Fungible Tokens (NFTs) seems to have hit a roadblock. What could have possibly killed this emerging trend? Was it the over-saturation of the market, with countless digital assets flooding the space? Or was it the lack of genuine value perceived by consumers, who began to realize that many NFTs were just digital JPEGs with sky-high price tags? Did the recent market crash, which saw crypto prices plummet, have a domino effect on the NFT market, eroding investor confidence? Or was it the lack of regulation and transparency, leaving investors vulnerable to fraud and scams? As we ponder these questions, it's clear that the demise of NFTs is a complex issue with many potential contributing factors.