Pascal Gauthier, the chief executive officer (CEO) at Ledger has shared his thoughts about the future of cryptocurrencies and non-fungible tokens (NFTs).
Crypto Future is Bright
While giving an interview to one of the local tech-based forums, Pascal Gauthier shared his views about the cryptocurrency industry. He talked about the future of cryptocurrencies and also made it clear that the crypto sector is here to stay.
Pascal Gauthier has been working for Ledger for the past 8-years. He has been connected with the crypto world for more than a decade so he has enough credibility to comment on the future of cryptocurrencies.
Gauthier Talked about Bitcoin (BTC)
Gauthier talked about the future of Bitcoin and how it has been doing at present. He stated that since the beginning of 2022, the Bitcoin price has been experiencing a downtrend.
No matter the efforts made by the investors, they have not been able to push the trading price of Bitcoin over $30,000.
The situation of the Overall Cryptocurrency Market
As the price of Bitcoin is facing a downtrend, the overall situation of the cryptocurrency industry is moving into bullish territory.
The public interest has not been lost in cryptocurrencies. Despite the recent downtrends, the overall appeal of people has not slumped in cryptocurrencies.
People have realized that the future of finance cannot survive without cryptocurrencies and blockchain technology.
The crypto-blockchain technology is vast and comprehensible for investors and even for common people. This is the reason why the cryptocurrency industry will never lose its traction and investors will continue joining the market.
Public Interest is growing in NFTs
If the situation of the cryptocurrency industry were to worsen in the earlier years of the cryptocurrency industry’s debut, then the situation could have been different.
A few years back, the downtrend in the cryptocurrency market would have ended the industry for good. However, the industry has come a long way and has finally gained worldwide recognition.
The cryptocurrency industry has grown vast and there is no way it will ever lose its traction. Multiple segments and spaces have been launched within the crypto-verse.
Out of all major segments in the cryptocurrency industry, the most prominent and highly adopted one are non-fungible tokens (NFTs).
Since the start of 2021, the NFT sector has witnessed tremendous adoption and new NFTs are introduced daily in the market.
Other Major Segments
Pascal Gauthier also talked about the growing market for segments such as metaverse, virtual reality, augmented reality, and so many other sectors.
As the adoption level is constantly rising in these segments, therefore, the future of the crypto industry is all set even if BTC suffers from an unfortunate demise.