🔴 Kevin O’Leary Dismisses NFTs as a Fad, Buys $13M Collectible Card

🔹 Shark Tank’s Kevin O’Leary called NFTs a “fad,” pivoting instead to physical collectibles with a $13M investment in a rare card.

🔹 O’Leary says high-end tangible assets offer scarcity, trust, and value retention unlike digital collectibles.

📊 Analysis: While NFTs struggle with declining volumes, luxury physical collectibles are seeing surging demand from wealthy investors. This reflects a shift from hype-driven digital assets to proven scarcity-based markets.

💡 Expert Advice: Collectors should diversify between physical and digital assets, but focus on scarcity-backed items with strong provenance for long-term value.

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