News Formal

NFT Market Projected to Reach $200 Billion in 2030 – Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

A recent report predicts that the NFT market will reach a value of $200 billion in 2030, fueled in part by growing demand. Most of this activity will happen on Ethereum.

A new report is predicting that the total value of the NFT market will reach $200 billion in 2030. The report, issued by Grand View Research, a multinational market insights company, found that the rising demand for this kind of instrument — due to its growing number of applications — will fuel growth of the market.Non-fungible tokens are becoming more popular due to their wide array of applications in different industries.

issued by Grand View Research, a market insights company, predicts that the NFT market will reach a value of $200 billion in 2030, fueled in part by the growing demand behind them due to their applications.The report, which calculates today’s NFT market value at a little more than $15 billion, examined the movement and the evolution of the NFT market between 2018 and 2020. The document predicts the market will grow at a compound annual growth rate of 33.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto Markets Lost $50B as Bitcoin Slumped to 6-Day Low (Market Watch)The crypto market cap is down by about $50 billion daily as bitcoin, as well as most altcoins, have turned red.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000 to Start the Week – Market Updates Bitcoin NewsBitcoin fell below $22,000 to start the new trading week, as sentiment in crypto markets seems to have turned bearish. the sentiment seems bearish🤣not really and bad either just boring weekend closed. would anticipating for any mexc product to launch within this week cryptoexchange And maybe it was just a trap, there was no consolidation below 22K, we continue to push into the 200 MA ‼️Look‼️ Would be better to see BTC below $20K again, for the last time at least. I want to spend all USDT I have now.
Source: BTCTN - 🏆 531. / 51 Read more »

This Is How Uniswap (UNI) Plans To Conquer NFT MarketUniswap (UNI) will allow users to buy NFTs straight from DEX via this integration $uni uniswap eth ethereum ⁹
Source: Utoday_en - 🏆 295. / 63 Read more »