Are all NFTs now worthless?

With the recent market fluctuations and the influx of new non-fungible tokens (NFTs) onto the market, one must ask: Are all NFTs now worthless? While some NFTs have garnered significant attention and financial gains for their creators and investors, the question remains: Are these gains sustainable? Have the hype and novelty of NFTs overshadowed their true value? As more and more NFTs flood the market, are they becoming increasingly diluted, rendering their value negligible? Or is there still potential for NFTs to transform the digital art and collectibles landscape in meaningful ways? These are the questions that investors, artists, and enthusiasts alike are now grappling with.