The founder and CEO of WazirX Nischal Shetty said in a recent tweet that he believes that cryptocurrencies are here to usher in a new era of decentralisation while analysts predict that stable coin adoption is now unavoidable. He said that there are projections of the metaverse being worth trillions of dollars.
Day 1181 analysts predict that the metaverse will be worth Ts. The adoption of stablecoin is inevitable, according to analysts. Early adopters know that cryptocurrencies are here to usher in an era of decentralisation. We need to do BUIDL together, according to Shetty.
He is not the only founder of the criptocurrency exchange to back the metaverse. In a recent tweet, Ashish Singhal, the founder and CEO of CoinSwitch Kuber Ashish Singhal, also supported metaverse tokens and non-fungible token NFTs. Singhal said that several start-ups and megaliths like Nike and Facebook are betting big on these themes and that NFT sales volume almost touched the $25 billion mark.
During the peak pandemic, Cryptocurrencies held firm and brought in an era of NFT and metaverse token in 2021. The sales volume of the NFT was close to the $25 billion mark. Singhal said that many start-ups and large companies, including Nike and Facebook, are betting big on these themes.
Singhal said there is talent migration into crypto as smart money follows smart people. The coin-switch Kuber boss also believes that talent migration into criptocurrency is an indication that the community and technology are headed for the future.
Talent migration into cryptocurrencies is smart money followed by smart people! I think this is a signal towards where the technology and community are headed in the future, Singhal tweeted.