NFTs are hot right now. And there’s a big rotation into NFT stocks, so that’s exactly what we’re going to talk about in today’s video.
It’s really happening, folks…
Investors and traders continue to show growing interest in NFTs as companies with possible connections to the cryptocurrency see major movement in share prices.
If you’re not familiar with non-fungible tokens (NFTs), they’re a form of crypto with unique identifiers. “Non-fungible” basically means it’s distinct and can’t be replaced with something else. Most NFTs are part of a blockchain — like Bitcoin or Dogecoin — and can really be used for trading anything online, such as art.
We’re only now on the brink of using them as identities. Art works well because it needs to be identified. And if it can be identified digitally — BOOM! That’s a whole new market.
But these tokens can represent both physical and digital art, so tons of names are on the move because of the rotation into NFT stocks. And in today’s video, I’m giving away two of my favorites…
One that’s on the move thanks to the rotation into NFT stocks is Dolphin Entertainment Inc. (Nasdaq: DLPN).
It’s the nation’s leading entertainment, PR and marketing communications agency. It works with several top brands to assist in the creation of content, along with getting the word out to the public.
Dolphin’s shares moved up 1,200-plus percent in the past 12 months!
And the stock began exploding higher when the company announced this week it’s launching an NFT division. That’s right! An entire division focused on NFTs, which tells us the rotation into NFT stocks isn’t going anywhere anytime soon.
But with NFTs gaining interest, more companies are entering the space…
Dolphin isn’t the only one, so check out the video below to learn more about these names and the rotation into NFT stocks.
And as always, don’t forget to subscribe to my YouTube channel if you haven’t already so you can be notified as soon as I post my next video!