Analyst Elliot Wainman says this nascent crypto industry will invade and contaminate business use cases.

Crypto trader and influencer Elliot Wainman says this emerging crypto industry will not disappear. Wainman says that even though growth in crypto markets slowed last month, bullish news for unique digital assets or non-alterable tokens (NFTs) hasn't stopped. Wainman points out that major news channel CNN announced that they had entered the non-tradable token market and were selling key moments in history as NFTs. “While the market has slowed, the reality is that while CNN is now selling historic news moments as NFTs, NFT news keeps coming in at a feverish pace… immortalizing. Wainman also encourages crypto investors not to forget the nascent NFT space and bets that this could be the industry that will kickstart crypto's mainstream adoption. He once said that NFTs are the most commercial and widely accepted version of cryptocurrency and are most likely to penetrate and influence all kinds of commercial use cases. So be careful. This NFT thing is not going to go away, and based on all the news I've seen, I believe it will be one of the most interesting things about cryptocurrency in June 2021, and news mainly from the NFT industry, dare I say, more interesting and coming faster than any other crypto industry right now.” l Don't Miss a Break – Subscribe to receive crypto email alerts straight to your inbox Follow us on Twitter, Facebook and Telegram The Daily Hodl Mix Check the latest news Headlines Disclaimer: Opinions expressed on The Daily Hodl investment advice is not. Investors should exercise due diligence before making any risky investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any damages are your responsibility.

Join the Discussion

  • BrokerEUR/USD
    LCG 0.3pips (variable) margin: 3.33%
    OANDA 1.3pips (variable) margin: 3.33%
  • Back to top