Make Your NFT Journey Safe and Secure With bitsCrunch
Cryptocurrencies are a hot commodity right now. More so, because the global adoption of Bitcoin has significantly influenced the expansion of blockchain technology. Though the market has seen significant ups and downs, the underlying blockchain technology is still here and stronger. With that in mind, more and more people are looking to get into the cryptocurrency space. One of the most popular applications of blockchain technology that has emerged in the last year has been the use of non-fungible tokens or NFTs.
NFTs represent unique digital assets that are stored on a blockchain. They can be anything from virtual goods and real estate to memes, and tweets. Emerging themes dominate the existing spaces, and the rise of NFTs is its most vivid example. According to, NFTs surpassed the trading volume of US$10 billion , with a Year-on-Year(YoY) rise of 704%, thus making NFTs exceptional in terms of return on investment.
Therefore, it wouldn’t be wrong to say that NFTs have penetrated all spheres and industries, making them more appealing to audiences globally. Read our blog and understand in-depth the platforms’ offerings.
For more interesting updates on the latest NFT trends, follow bitsCrunch!
Originally published at https://bitscrunch.com on July 25, 2022.