December 19, 2024

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Why Hedera would possibly pull off a shocking comeback in 2023’s NFT market

Why Hedera might pull off a surprising comeback in 2023's NFT market

Hedera made some important developments in 2022, paving the way in which to changing into an NFT powerhouse.
A value pivot might be on the way in which, as HBAR was shy of oversold circumstances regardless of the draw back.

Now that 2022 is ending, it’s time to recap the efficiency of a number of the prime layer 1s. Hedera [HBAR] rose to prominence over the past yr, because it noticed some important developments that will lay the muse for robust development forward.

Learn Hedera’s [HBAR] Price Prediction for 2023-24

There have been notable developments and partnerships in 2022 that underscored Hedera’s potential for extra development within the NFT market. These included the community’s collaboration with LG Artwork Lab, a partnership that aimed to facilitate NFT distribution.

In a tweet on 27 December, LG Artwork Lab reiterated its dedication in the direction of constructing on the Hedera community regardless of the challenges the market confronted in 2022.

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