This Nascent Crypto Sector To Invade and Infect Commercial Use Cases, Says Analyst Elliot Wainman
Crypto trader and influencer Elliot Wainman says this emerging crypto sector isn’t going away.
Even as growth in the crypto markets is slowing down over the past month, Wainman says that the bullish news for unique digital assets or non-fungible tokens (NFTs) has not stopped coming.
Wainman points out that major news outlet CNN just announced they’re entering the non-fungible token market, selling significant moments in history as NFTs.
“As the market has slowed down, the reality is that NFT news continues to come in at a feverish pace with CNN now selling historic news moments as NFTs…types of huge earth-shifting moments in human history and well, those news moments are going to be immortalized.”
Wainman also encourages crypto investors not to forget the nascent NFT space, betting that it may be the sector that ushers in mainstream adoption to crypto.
“You need to watch the NFT space because I’ve said this time and time again that NFTs are the most commercial and widely adoptable version of cryptocurrency, and they most likely will start to invade and infect all sorts of commercial use cases. So be on the lookout. This NFT thing is not going away, and I do believe that based on all of the news that I’m seeing, it is one of the most interesting things about cryptocurrency in June of 2021 and in fact, the news coming in from the NFT sector is, I dare say, more interesting and coming in at a higher pace than any other sector of crypto right now.”
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Author: Daily Hodl Staff