NFT report: a fast growing market - BitcoinEthereumNews.com
TeknolohiyaNFT report: a fast growing market04 / 12 / 2022Balita ng Ethereum ng Bitcoin The latest quarterly report from blockchain data analytics firm Nansen, highlights the outstanding performance of the Mga NFT market, which has outperformed the cryptocurrency market since the start of the year, with social NFTs and metaverse leading that growth. NFT report: market outperforms cryptocurrencies The market fell quite sharply in Pebrero 2022, but the last 30 araw have seen a decisive turnaround. The Mga NFT market has continued to outperform the cryptocurrency market since the start of the year, returning 103.7% when denominated in ETH and 82.1% when denominated in USD. Going into more detail on the fastest-growing sectors, the report showed that the metaverse is the driver, with a year-to-date return of 129.4%. The index also showed a slight decline in land and real estate NFTs, Habang Avatar and Utilities NFTs increased. While the gaming and art sectors are the ones that would have suffered the biggest decline, the gaming 50 index recorded a sharper decline especially for the play-to-earn category. “The NFT segment of the cryptocurrency market is fast-growing and dynamic and has proved to resonate with retail investors over the past year, with significant growth in Q1 of 2022”, Nagkomento