---
title: "NFTs: The Next Big Thing, or Just Another Investor Craze?"
description: "Fresh off of spikes in cryptocurrencies like Bitcoin and Dogecoin and price surges in \"meme\" stocks like GameStop, investors are flocking to non-fungible tokens (NFTs): digital files whose unique ownership and identity are verified on a blockchain. If this sounds confusing, that's because it is — but that hasn't stopped the value of NFTs from skyrocketing in recent weeks. (This week, Christie's sold digital art by an artist named \"Beeple\" for an astounding $69.3 million.) The question is, are these trends merely passing fads, or are they indicative of a larger change for the financial industry? This New York Times article examines the topic in detail."
---

<https://www.barryinvestmentadvisors.com/blog>

# [NFTs: The Next Big Thing, or Just Another Investor Craze?](https://www.barryinvestmentadvisors.com/blog/nfts-the-next-big-thing-or-just-another-investor-craze)

 Written by [Barry Investment Advisors](https://www.barryinvestmentadvisors.com/blog/author/barry-investment-advisors) | Mar 24, 2021 4:24:31 PM

Fresh off of spikes in cryptocurrencies like Bitcoin and Dogecoin and price surges in "meme" stocks like GameStop, investors are flocking to non-fungible tokens (NFTs): digital files whose unique ownership and identity are verified on a blockchain. If this sounds confusing, that's because it is — but that hasn't stopped the value of NFTs from skyrocketing in recent weeks. (This week, Christie's sold digital art by an artist named "Beeple" for an astounding $69.3 million.) The question is, are these trends merely passing fads, or are they indicative of a larger change for the financial industry? This New York Times article examines the topic in detail.

                                                       

[View full post](https://www.barryinvestmentadvisors.com/blog/nfts-the-next-big-thing-or-just-another-investor-craze)

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