The market cap of NFT or non-fungible tokens shows a fast moving development growing nearly ten-fold between 2018 and 2020.

Non fungible token market size. In 2020 the non-fungible token market grew by almost 300 tripling its size in 2019. Supply of 420000000 TOKE coins. Non-Fungible TOKE TOKE 0012376 0 000000026 BTC.

You may have heard in March 2021 about Jack Dorsey the co-founder and CEO of twitter selling his first tweet as an NFT for over 29 million. 24H VOLUME 1585 M. Non-fungible Token NFT Market Research Report - Segmentation By Type Art FractalAlgorithmic Art Pixel Art 2D3D Painting Computer Generated Painting 2D3D Computer Graphics GIFs Others Collectibles Audio Clip Video Clip Gamification Others Gaming Video Game Trading Card Game TCG Strategy Role Playing Game RPG Others Metaverses Sport Utilities Domain Names.

NFT stands for non-fungible token. Non-fungible is an economic term that you could use to describe things like your furniture a song file or your computer. The most popular NFT Cryptokitties remains the number one contributor.

Fungible items on the other hand can be exchanged because their value defines them rather than their unique properties. The circulating supply is not available and a max. Track historical market sales data to build valuations of individual non-fungible tokens.

The total sales volume traded in NFT increased from 159142 million in 2018 to reach 250846 million in 2020 which is an increase of 299 from 2019. The non-fungible token market NFT has created a solid buzz in the crypto space during the first half of 2021. These things are not interchangeable for other items because they have unique properties.

More than 250 million exchanged hands in transactions involving NFTs. The non-fungible token NFT market tripled in 2020 with the total value of. For example ETH or dollars are fungible.