2022, The Year Of Crypto, Why Many People Are Going Digital?
2021had many great things that helped pushed crypto into a new spotlight, but will 2022 be the year crypto finally makes it break through into many mainstream operations?
Many people are starting to look into cryptocurrency as a way to make purchases, save money, make money, and invest in the long-term. Many things play into factor on why this is happening, but all the talk can’t disprove the numbers, and numbers don’t lie. With Bitcoin leading the way, the crypto has managed to out perform gold for the 3rd straight year.
NFTs have started to take over mainstream art, as collectors and investors meet in the middle to see the new rush. Non-fungible tokens, commonly known as NFTs, have started to gain more momentum – generating over $23 billion in trading volume – a frenzy away from less than $100 million recorded in 2020, according to data from DappRadar.
This wave will likely continue as many artists and businesses start to join in; will this start a new wave of investors who only go digital?
We also know that in America, crypto was a hot topic for many people as it gained billions across the map. Investors in the U.S. made an estimated $4.1 billion in realized bitcoin gains in 2020, according to a new report by software company Chainalysis. 2021s numbers likely exceeded that as well.