With the marketcap of crypto at near 2.5 trillion now..and I think that doesn't include NFTs right?
There is a lot of saturation but I am sure there are good projects launching.
NFT is a good business idea, but some people are saying that it is going to replace Bitcoin in the next five or ten years is totally wrong. I do not agree with that statement. Even in the next five and ten years, bitcoin is going to continue with it is reign as the number one cryptocurrency we have in the market. Why I’m saying this is because I haven’t really seen anything that’s going to replace Bitcoin.
As of now, I am just staying away from any of altcoin investments but I focus only on bitcoin investments as I do believe only with bitcoin and not with any of meme or NFT things.