NFT market booming & up 3x against Bitcoin in past month

[dragononcrypto]

Here is the current Top 5 NFT projects, making up a NFT 5 Index, that in less than 1 month has tripled in value against Bitcoin. Thought it'd be interesting to share here.
You've probably heard about the art world coming into the crypto space, with a burnt Banksy selling as an NFT and other so-called pieces selling for $500K.

Today I looked at Crypto Kitties (now 2 year old cats) that I bred for around $1 that are now worth around $30-40 (limited edition Xmas 2018 "lit" and "holidaycheer"). It seems crazy this speculation over rare "art", but then the art industry is probably one of the most speculative that ever existed. NFT hype and art speculators is a match made in heaven for the crypto ecosystem it seems!



That said, I took 50% profits on Enjin today for Ether (after 2x in past week), as it does look like the local top might be in for now.

[I-Bit]

This is also one of the surprising coins that have very awesome increase.
NFT tokens are booming enough, moreover, this day that is very self in creating the new one that can make your investment good and promising. As a new coin, this can be promising but the ATH is still low enough. So we can still have better improvement in the price of course.

[TomPluz]

I am not really into NFTs but I am getting interested with those platforms dealing with NFTs as the growth of this sector is going to be benefitting them and if that is the case the tokens of these platforms can be rising a lot. Like BNB which is representing everything that Binance and its related business are doing. There is no question that together with DeFi, there is a good growth potential of NFTs and this is going to be a trend for 2021 and beyond. So anybody here who can share what can be cheap but good NFTs to buy and hold?

[Giangphuong8489]

NFT tokens are receiving the attention of the fan community as soon as they appear. And we cannot appreciate the value of passion and how much money fans are willing to pay for something special like the NFT token.
However, I am not surprised by this, besides cross-chain, CBDC, NFT tokens are also predicted to be one of the mainstream trends

[trauchot]

I am very actively observing new cryptocurrency projects and old cryptocurrency projects, and now a lot of cryptocurrency companies are issuing various NFTs, since the NFT sphere is becoming more and more popular and therefore cryptocurrency companies know that they can make a lot of money in this area.

[bitcoin-shark]

in fact this and the year of the nft thay are having an incredible boom, their price is rising exponentially some have become almost impossible to find and are invaluable, more and more companies from various sectors try to ride the wave and create their own cards with the hope of stellar earnings

[Andruha1993]

Yes, NFT became very popular and began to outstrip Bitcoin in popularity. And there is nothing strange in this, but Bitcoin will still be great

[Ferki]

The NFT sector is currently so small that it depends heavily on external factors. If the crypto market should crash, then the NFT market, like the DeFi sector, will collapse sharply. Before the NFT sector can decouple itself from the rest of the crypto market, it still needs the big brands and influencers who make NFT really fit for the mainstream. Even greater NFT use is required in virtual reality environments and in the gaming sector.

But hey, how about Dapper Labs blockchain protocol and its underlying flow token!!
If you were able to purchase a flow token for 0.10 US dollars in the pre-sale in September last year on coinlist.co, these are now quoted at just under 30 US dollars. So whoever invested 1,000 US dollars can now look forward to an “account balance” of 300,000 US dollars, i.e. 30,000 percent book profits.

Most of what I hear is: "NFT, what is it?"
I had the same thing with Bitcoin 2017 so that I'm a little scared. But just a little

[Paglamon]

I used to think that NFT projects were not doing well. However, if we look at the current market, that is, if I look at the cryptocurrency market, I see that the price of Bitcoin has increased, as well as NFT projects have increased by 2-5x. So it’s never hard to digest that NFT in an interesting way.

The coins or tokens that I was thinking of destroying or increasing in value are in good condition.
+1

[Vladok]

I also noticed that the ntf token market has grown a lot lately and I think it will continue to grow, because most likely the next era will be for nft

[pealr12]

~
Most of what I hear is NFT, what is it?
I had the same thing with Bitcoin 2017 so that I'm a little scared. But just a little

Exactly what you have heard, NFT is the next big thing in crypto just like Defi, I guess what we are seeing now is the crypto space moving from the usual method of investment and tokenomics to a more daring environment which is NFT and Decentralize finance,
Crypto space not only offers the usual payment project which is common but other services as well, Arts in blockchain is getting really hot and soon it will be deserve the attention of mainstream.

[Bitstar_coin]

Unfortunately I haven't had the opportunity to buy in on any NFT project but I have been hearing and reading some post about how NFT is going to be big, I think if this is the case then it is not too late to look for the right NFT project to invest on.

[mohdelayo]

Art world is frankly a very wide area that has a lot of enthusiasts and investors, however the idea of art being redefined by blockchain technology and is gaining an increasingly huge attention is something to not just overlook. I have not been fortunate enough to have bring myself to any NFT project but the attention they're getting right now is compelling me to have a closer look into the NFT space.

[yurez]

Quite recently, I could not even imagine that the NFT market would develop so quickly.  It seems that this is a promising sector for the development of the crypto market with hundreds of millions of potential users: fans of sports, pop culture, computer games and art, who are ready to pay real money for their hobbies.