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In a “base case” situation, Galaxy Digital’s analysis 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 major quantity of consideration because the Ordinals protocol launched in late January, enabling customers to inscribe information equivalent to photographs, PDFs video and audio onto particular person satoshis, or sats that every signify 0.00000001 Bitcoin (BTC).
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