Shark Tank’s Mr. Wonderful thinks that NFTs could become larger than Bitcoin — but other experts argue that it's unfair to compare an entire sector to a single asset.
towards blockchain and digital assets was due to the growing trend of regulators warming up across the globe over the past couple of years.
Not everyone agrees with comparisons between Bitcoin and NFTs however, with Coingecko digital marketing associate Khai Ren Kuan telling Cointelegraph that it’s “probably not fair to compare Bitcoin, which is a single asset, to NFTs which are an entire sector.” Kuan did note however, that the NFT adoption curve in 2022 is only going to increase upwards as the sector is still in its early days:
“I think collectively if you look across all NFTs, and the fact that 2021 was year one of market adoption, there’s definitely still a lot of room to grow.” “We’ve already got a set of 'blue chip' NFTs, but I think the industry is still barely scratching the surface of what NFTs could be and what they could do, particularly if the Metaverse comes to fruition,” he added.
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