The non-fungible token (NFT) market has grown rapidly since mid-2021.
It is rumored that the NFT market has recorded a trading value of over $ 13 billion during the year.
Based on records to date, NFT’s trading value increased by almost 43,000% when compared to its performance in 2020.
That year, the NFT market only recorded a trading value of over $ 33 million.
The surge was dominated by the performance of the world’s largest NFT platform, OpenSea with a record 88% or $ 12.5 billion of total trading volume for 2021.
Will this momentum continue?
Predictions reveal, yes.
Analysts think the NFT and metaverse markets will grow at an incredible rate, again after Facebook switched to a new name, Meta and many large companies are already targeting metaverse tokens like The Sandbox (SAND) and Decentraland (MANA).
Intraday readers may already be ready for this phenomenon next year. Who knows if Intraday itself will launch NFT.
Eh?
Shhh! Keep it secret.
