Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => NFTs & Collectibles => Topic started by: dragononcrypto on March 21, 2021, 03:48:48 PM
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I'm a bit speechess looking at these two charts, 12 months and 5 years of search terms for both NFTs and cryptocurrencies.
Currently interest in NFTs is nearly twice as much compared to cryptocurrencies, not much less than Ethereum now:
(https://i.imgur.com/4lAjbP8.png)
Compared to the top the bull market at the end of 2018, NFTs are currently 50% as searched as cryptocurrencies were back then, as well as 50x more than in January:
(https://i.imgur.com/axgPLw4.png)
By comparison, cryptocurrency search terms are only 30% of what they were in December 2017. Some food for thought!
Will the trend continue, evaluations grow into the billions from a market that appears to be valued at around $1 billion at present (https://www.altcoinstalks.com/index.php?topic=199247.0)? Total volume has now crossed $500 million (https://www.altcoinstalks.com/index.php?topic=199247.0), nearly half of which was in the past month alone. Will like DeFi NFTs grow from $ 1 billion to over $50 billion in a matter of months?
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I'm a bit speechess looking at these two charts, 12 months and 5 years of search terms for both NFTs and cryptocurrencies.
Currently interest in NFTs is nearly twice as much compared to cryptocurrencies, not much less than Ethereum now:
By comparison, cryptocurrency search terms are only 30% of what they were in December 2017. Some food for thought!
Will the trend continue, evaluations grow into the billions from a market that appears to be valued at around $1 billion at present (https://www.altcoinstalks.com/index.php?topic=199247.0)? Total volume has now crossed $500 million (https://www.altcoinstalks.com/index.php?topic=199247.0), nearly half of which was in the past month alone. Will like DeFi NFTs grow from $ 1 billion to over $50 billion in a matter of months?
I see it this way: many people now know their way around and have their bookmarks. These are among others those who are looking for NFT.
Bitcoin addresses are not getting any less either, but they are not generated as many and as quickly as in 2017.
Anyway, as long as you need crypto to buy NFT, I'm calm.
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Nft are a momentarily fad once it burns out crypto will again be the most searched hit
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NFT tokens differ in many ways from ordinary cryptocurrencies and, of course, people are looking for answers to many questions that have appeared about them. The world of cryptocurrency is huge, it often becomes rich in the one who got his bearings in time and joined financially to a certain project at an early stage. As it was with the DeFi projects. Potential investors are thus evaluating the opportunity to invest in this new branch of the cryptocurrency. This is all logical, but it does not mean at all that NFT projects will grow rapidly in price, especially in the long run.
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Haha they can get money easy and fast in NFT just mint it in eth/bsc with some unknown piece of art which not even confirmed the authenticity of it I read some articles before on medium with a guy just creating some fake ntf and then sell it on marketplace and bought with some weird buyers buy it lol.
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NFTs have a lot of potential if used properly. I mean there are a lot of artists that are struggling to make money now since the pandemic last year and this is the best possible way to make income. There are also Korean NFT like (https://piction.network/) this that artists from Korea or even from other countries can join in.
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Binance Nft is preparing to open a market and not too far in June. This means that there will be serious demand for Nft tokens. Cz also tweeted about Nft tokens on Twitter yesterday.
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Nft seems to make a lot of mention of its name. The Binance Exchange, which is a pioneer in everything, is another first to establish the Nft market. After this news, tokens with Nft feature started to be mobile. Yesterday, Dego started a nice movement and it seems that the continuation will come.