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“NFT sector to overcome cryptocurrencies in 2022”

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A popular personality from the world of cryptocurrencies and at the same time the CEO of the company Galaxy Digital, Mike Novogratz, is a big NFT fan. What is his prediction of this sector for 2022?

Novogratz and NFT

According to the head of Galaxy Digital, the NFT sector will overcome the cryptocurrencies themselves in 2022. This is a really bold assumption, but if we look at the current state of these two sectors, it is possible that this will happen.

The popular billionaire recently said that the crypto market will continue to try to regain its lost balance, but only if if stock markets remained in a bearish trend.

Mike Novogratz sees huge potential in the NFT sector, despite saying that the sector was overheated last October. He challenged traders to take their profits. However, this assumption did not happen. On the contrary, he gained momentum and gained even more strength. Novogratz bought the NFT one in November 2021 from the most popular CryptoPunk collections for about $ 440,000 and also announced the launch of Galaxy Digital’s NFT collection.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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