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The NFT industry attracts new investors

Nov 7, 2022
The NFT industry attracts new investors
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Despite the fact that many digital currencies are at the stage of stagnation, the market for non-fungible tokens continues to grow. Analytical data speaks for itself. For example, over the past month, the number of new traders, working with NFT, has grown by 18% and reached 1.11 million. At the same time, the scale of transactions remains insignificant, as activity in the crypto sphere weakens. 

Given the growth in the number of investors, we can say that new buyers are coming to the NFT market, and therefore, the popularity of collections is not falling. Also, it is worth noting that many exchanges add their own trading platforms for transactions with unique collections.

Analysts emphasized that the activity of buyers of non-fungible tokens is influenced by market behavior, for example, volatility and tightening of monetary policy.

Earlier it became known that Kraken is launching its own marketplace for NFTs.

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