The Crypto Conspiracy Podcast – Episode 30 - Bitcoin and NFTs Collide: Bitcoin's Role in Revitalizing the NFT Market

Published: Wed, 04/19/23

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The Crypto Conspiracy Podcast – Episode 30 - Bitcoin and NFTs Collide: Bitcoin's Role in Revitalizing the NFT Market

In the wake of numerous blockchain-based digital asset launches, 2022 proved to be a year of devastation for crypto investors. Many who invested heavily in non-fungible tokens (NFTs) to secure a piece of the digital realm—whether for profile pictures, metaverse avatars, or simply boasting rights found themselves at a major financial loss. The overall NFT trading volume across all marketplaces plummeted from nearly $6 billion in January to under $1 billion in October.

Today the NFT market seems to be recovering a little after a disappointing end to 2022 but can it recover enough to make investors whole?

Join Kurt Wuckert Jr. and David Morgan to see what their thoughts are about this recovery and where it may be going.

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Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader.

The Morgan Report is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. The Morgan Report and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Morgan does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that The Morgan Report will not be held liable or responsible for any decisions you make regarding any information discussed herein.

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