TRKA has begun it's journey

NASDAQ: TRKA (TROIKA MEDIA GROUP) Yesterday we told you about Troika Media Group (NASDAQ:TRKA) when it was trading at $1.30 per share...... Well yesterday it ended up closing the day at $1.41 with STRONG MOMENTUM! We are talking about a company that in the last week has moved up over 30% with strong volume. Investors should pay close attention to NFTs. Otherwise known as non-fungible tokens, NFTs are turning digital works of art, memes, musical compositions, and collectibles into trade-able items on the blockchain. Sure, the NFT market is still in its infancy. But with significant demand, analysts at Jefferies say the market could be worth about $80 billion by 2025. While investors can always buy non-fungible tokens, NFT-related stocks, like Troika Media Group (NASDAQ: TRKA) may hold just as much potential. Especially after its subsidiary Troika IO became the FIRST publicly-traded company to use blockchain to secure NFTs backed by luxury brands. With more fashion and luxury brands looking to capitalize on NFTs and crypto offerings, Troika IO will provide a new way for brands to list luxury assets tied to NFTs using a familiar asset such as Bitcoin. At the moment, Troika’s NFT marketplace, [Redeeem NFT,]( serves as a marketplace for luxury asset-backed NFTs and lists a number of rare luxury goods including handbags and wallets, shoes and accessories, and collectable art pieces. Each item is represented by a series of NFTs that delineate ownership of the physical item and users can choose to redeem the NFT for the physical item at any time, which will be delivered locally by a secure service. Even better, Troika’s marketplace makes it easy for first time NFT purchasers to buy NFTs and accepts familiar payment options including credit/debit cards, gift-cards, ACH payments or wire transfers. NFTs can also be purchased using cryptocurrency including Bitcoin and a number of supported stable-coins and alt-coins. No wallet is needed to purchase the NFTs, allowing for a more user-friendly experience. Not only is it tough to ignore a potential $80 billion NFT market boom, it’s tough to ignore related stocks like Troika Media Group (NASDAQ: TRKA) More information on Troika Media Group (NASDAQ: TRKA) coming tomorrow, stay tuned... Good Investing, Xavier Green -Top Stock Tips Copyright 2022 © TopStockTips.com is owned and operated by TopStockTips Ltd. [Disclaimer and Privacy]( For more Information please contact Support@TopStockTips.com Company Address: Rua Frei Tome de Jesus, n18, 1dto., 1700-215 Lisboa, Portugal. This website provides information about the stock market and other investments. This website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. This website is for informational purposes only. The Author of this website is not a registered investment advisor and does not offer investment advice. 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