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3 years ago

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Why Is Everyone Investing in NFTs?

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Non-fungible tokens, or NFTs, have become an overnight investing phenomenon, with $60 million in sales on Tuesday—surpassing total sales for the entirety of 2020. An NFT is a type of cryptographic token used to make digital media unique and therefore collectible, whether that's a GIF or even a sports highlight. If you're wondering why everyone has suddenly forgotten how to take a simple screenshot, or are otherwise baffled by this—you're not alone.

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