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NFT Sector Expected To Move Around $800 Billion In Next 2 Years: Cointelegraph Report



The NFT sector is expected to move around $800 billion in the next 2 years:

While non-usable tokens (NFTs) have been a part of the crypto market since 2014, interest and adoption have grown rapidly over the past two years. At their peak in August 2021, NFT’s total trading volume had grown to over $5 billion, kicking off what was briefly known as the “NFT Summer.”

According to a report by CoinGecko, the NFT market is now expected to move over $800 billion over the next two years. The report, which mainly uses investors from Asia and the Pacific, highlights that of the 871 respondents, around 72% of them already own at least one NFT, with more than 50% of them claim that they have five or more people.