What is an NFT?. “Non-fungible tokens or NFTs are cryptographic assets on blockchain with unique identification codes and metadata that distinguish them from each other”. NFT stocks have become one of the hottest sectors in the market.
$TKAT, Takung Art, jumped from 3 dollars to an all time high of $74 in a matter of days. The market awareness for NFT stocks has increased as the NBA features “NBA moments” which are NFTs available for purchase as collector’s items.
Both $Feng and $LGHL are on our NFT watch list. $Feng is currently trading below $2 and $LGHL is trading in the $4.60 range. $Tkat initially ran to $41 during after hours trading. You can sign up for after hours trading with Webull and receive a free stock with your first $100 deposit. Webull allows after hours trading from 4 to 8 pm and premarket trading from 4 am to 9 am. Make sure you use limit orders when trading after hours to get the best price.