NFT gigantic popularity has implied an expansion in actual buying pressure from retail investors.
NFT (Non-Fungible Token) has conspicuous works to rule digital technology. In simple words, NFT is the digital certificates or assets describing ownership of unique non-interchangeable assets that seem to have decoupled from the broader crypto market. Each aspect from art to music is buying and selling in its decentralized functionality in NFT.
Well, I think you know Google Trends. It is the tool, which gauges general or business trending topics. It spike goes perfect 100 scores for on search query “NFT” for worldwide over the past years. While compares to query for “bitcoin” and “ether” have eased significantly in recent weeks, with scores hovering below 50.
On Friday, sportswear giant Adidas Originals said it earned $23.5 million from NFT sales. And on Monday, basketball giant Michael Jordan and his son announced the launch of an athlete-focused NFT program in 2022.