Galaxy tips Bitcoin NFT market to hit $4.5B by 2025 By Cointelegraph
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In a “base case” scenario, Galaxy Digital’s research unit has tipped the burgeoning nonfungible token (NFT) market to hit a $4.5 billion market cap by March 2025.
Bitcoin NFTs, or Ordinals, have attracted a significant amount of attention since the Ordinals protocol launched in late January, enabling users to inscribe data such as images, PDFs video and audio onto individual satoshis, or sats that each represent 0.00000001 Bitcoin (BTC).
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© Reuters
In a “base case” scenario, Galaxy Digital’s research unit has tipped the burgeoning nonfungible token (NFT) market to hit a $4.5 billion market cap by March 2025.
Bitcoin NFTs, or Ordinals, have attracted a significant amount of attention since the Ordinals protocol launched in late January, enabling users to inscribe data such as images, PDFs video and audio onto individual satoshis, or sats that each represent 0.00000001 Bitcoin (BTC).
Continue Reading on Coin Telegraph
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