Top 5 reasons NFTs will rise in 2024
#1 Future NFT Projects NFT 2024 will witness a bunch of new projects and functionalities that will shape the start of 2024 and open doors for other drops to happen. #2 Higher Price NFT 2024 will witness price growth which seems like a good reason to consider NFT as an investment option. #3 Trading Volume Fueled by the rising interest in metaverse and gaming, the non-fungible-token (NFT) sector is projected to move around $800 billion by 2024, says a new report by crypto market tracker Coingecko. #4 New Web3 Technologies To make matters more intriguing there is a bunch of new technologies currently under development. These technologies will have a debut in 2024. #5 NFT Events Furthermore, we definitely cannot forget the NFT events that will start NFT 2024. The many events include major ones like NFT.NYC 2024 and NFT Paris 2024. These NFT conferences are perfect to introduce people to new Web3 projects and collections that will launch that year and in the future. The growth potential for a leader in the charitable NFT space is massive. The growth rate of the NFT Token Market is 34.2%, with an estimated value of $211.72 Billion by 2030.
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