Atlas Development CFO: NFT prices will "halve and then soar"

Oscar Franklin Tan, chief financial officer of Atlas Development, believes NFT prices will "spike after the halving".

As part of a known cycle, prices and volumes should eventually spike after the halving," he said. Since NFTs are an established part of the ecosystem, bitcoin interest will spill over into NFTs along with torrents."

Zach Burks, founder of NFT marketplace Mintable, said that while it's nearly impossible to accurately predict future growth or technology adoption, the community can expect to see an increase in NFT volume as the price of bitcoin rises. "If halving also increases user engagement, then the expectation of an increase in NFT prices is reasonable."