Animoca’s chairman backs NFTs to push Ethereum to smash all-time high

Yat Siu, chairman of Animoca Brands, asserts that NFTs may propel Ethereum to new heights. Despite a significant downturn in trading volume, the NFT market cap is nearing 11 billion USD, showing resilience.

Ethereum’s value has risen over 133% in the last three months, exceeding 3,800 USD. As NFT sales increase, the positive momentum suggests a potential rebound for the Ethereum ecosystem.

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