{"id":390552,"date":"2023-05-02T13:47:14","date_gmt":"2023-05-02T13:47:14","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=390552"},"modified":"2023-05-02T13:47:14","modified_gmt":"2023-05-02T13:47:14","slug":"the-nft-market-prediction-2023-heres-how-the-next-nft-bull-run-will-start","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/the-nft-market-prediction-2023-heres-how-the-next-nft-bull-run-will-start","title":{"rendered":"The NFT Market Prediction 2023 – Here\u2019s How The Next NFT Bull Run Will Start"},"content":{"rendered":"

Two years ago, the non-fungible token market saw exponential growth, gaining traction among institutions, investors, and businesses more than ever before, the move that left most NFT projects flourishing to new all-time market highs.<\/p>\n

Unfortunately, the non-fungible token market has suffered a brutal comedown in the past several months, leaving most NFT projects in massive losses. The NFT market downtrend started sometime in June last year and has since extended to earlier this year.<\/p>\n

But interestingly, in recent weeks, the general crypto has been projected to retest hype by various industry experts. Earlier last week, Geoff Kendrick, a renowned analyst at Standard Chartered, predicted that the flagship crypto \u201cBitcoin\u201d will hit $100 by 2024. Below will look in-depth at how the next bull run will start.<\/p>\n

How The Next NFT Bull Run Will Start<\/h2>\n

In a May 1 blog post, Kermit, an on-chain NFT Growth Consultant and the Chief Operating Officer at NFT startup OriginNFTs, has shared a thread explaining how the new non-fungible token market bull run will probably start. Kermit is bullish that NFTs will retest hype before the end of this year.<\/p>\n

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How the next NFT bull run will start:?<\/p>\n

(1\/13)? pic.twitter.com\/f4AvLZytE1<\/a><\/p>\n

— Kermit ? (@crypto__kermit) May 1, 2023<\/a><\/p><\/blockquote>\n