Nftfy (NFTFY) Metrics
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Nftfy Grafico di prezzo live
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0.28%
Nftfy (NFTFY)
What is Nftfy?
Nftfy (NFTFY) is a cryptocurrency and token that operates on the Ethereum blockchain. It serves as a blockchain project aimed at facilitating the fractionalization and trading of non-fungible tokens (NFTs). The Nftfy token is used for governance within the platform, allowing holders to participate in decision-making processes related to the ecosystem. By enabling users to break down high-value NFTs into smaller, tradeable fractions, Nftfy enhances liquidity and accessibility in the NFT market.
When and how did Nftfy start?
Nftfy (NFTFY) was launched in 2021 as a decentralized platform designed to enable users to unlock liquidity from their NFTs. It was developed by a team focused on bridging the gap between traditional finance and the NFT market, allowing users to collateralize their digital assets. The project gained traction through its initial listings on various decentralized exchanges, positioning itself as a key player in the evolving NFT landscape.
What’s coming up for Nftfy?
Nftfy is set to enhance its platform with several upcoming features outlined in its latest roadmap update. The team is focused on expanding its marketplace functionalities, which will include improved user interfaces and enhanced NFT minting options. Community engagement is a priority, with plans for regular AMAs and collaborative events to gather user feedback and foster growth. Additionally, Nftfy aims to introduce new use cases for NFTs, including integration with gaming and metaverse applications, positioning itself for future expansion in the rapidly evolving digital asset landscape.
What makes Nftfy stand out?
Nftfy stands out in the cryptocurrency landscape with its unique focus on enabling users to fractionalize and trade NFTs, providing real-world use cases that enhance liquidity in the NFT market. Compared to traditional cryptocurrencies, Nftfy employs a specialized tokenomics model that rewards users for participating in the NFT ecosystem, while its innovative technology facilitates seamless transactions and ownership transfers. This combination of features positions Nftfy as a pioneering solution in the evolving world of digital assets.
What can you do with Nftfy?
Nftfy is primarily used for facilitating NFT transactions, allowing users to buy, sell, and trade NFTs seamlessly. The token serves as a utility token within the platform, enabling staking and participation in governance decisions. Additionally, it can be integrated into DeFi apps for various financial services and payment solutions related to NFTs.
Is Nftfy still active or relevant?
Nftfy is currently active with ongoing development and a community that remains engaged. The project is still traded on various exchanges, indicating a steady interest among investors. However, it's essential to monitor future updates to ensure its continued viability.
Who is Nftfy designed for?
Nftfy is built for NFT enthusiasts, collectors, and investors seeking to unlock the value of their digital assets. Its target audience includes both individual users looking to trade and leverage NFTs, as well as developers aiming to integrate NFT functionalities into their applications. The platform aims to foster a community of users interested in maximizing the utility and liquidity of NFTs in the evolving digital economy.
How is Nftfy secured?
Nftfy secures its network through a unique consensus mechanism that combines elements of Proof of Stake and decentralized governance, ensuring robust blockchain protection. Validators are selected based on their stake in the network, enhancing network security by incentivizing honest participation and reducing the risk of malicious attacks. This model fosters a secure environment for NFT transactions and interactions.
Has Nftfy faced any controversy or risks?
Nftfy has faced significant risks associated with the broader NFT market, including high volatility that can lead to substantial financial losses for investors. Additionally, the platform is not immune to security incidents, with potential vulnerabilities that could expose users to hacks or rug pulls. Legal issues surrounding NFT ownership and intellectual property rights also pose ongoing challenges for the platform and its users.
Nftfy (NFTFY) FAQ – Key Metrics & Market Insights
Where can I buy Nftfy (NFTFY)?
Nftfy (NFTFY) is widely available on centralized cryptocurrency exchanges. The most active platform is PancakeSwap V2 (BSC), where the WBNB/NFTFY trading pair recorded a 24-hour volume of over $0.686209.
What’s the current daily trading volume of Nftfy?
As of the last 24 hours, Nftfy's trading volume stands at $1.37 , showing a 89.38% decline compared to the previous day. This suggests a short-term reduction in trading activity.
What’s Nftfy’s price range history?
All-Time High (ATH): $0.098919
All-Time Low (ATL): $0.00
Nftfy is currently trading ~98.63% below its ATH
.
How is Nftfy performing compared to the broader crypto market?
Over the past 7 days, Nftfy has gained 0.00%, underperforming the overall crypto market which posted a 0.71% gain. This indicates a temporary lag in NFTFY's price action relative to the broader market momentum.
Tendenze Panoramica di mercato
#2752
148.76%
#1880
143.24%
#286
65.12%
#236
37.56%
#780
36.17%
#541
-48.96%
#2521
-45.26%
#3915
-29.66%
#1712
-28.05%
#3927
-25.16%
#1
0.18%
#8284
no data
Notizie Tutte le notizie
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Nftfy Fondamenti
| Sito web | nftfy.org |
|---|
| Codice fonte | github.com |
|---|---|
| Tipo de activo | Token |
| Indirizzo del Contratto |
| Esploratori (1) | bscscan.com |
|---|
| Etichette |
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|---|
Monete simili
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Nftfy Exchange
Nftfy Mercati
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Altre monete degne di interesse - simili a Nftfy
- usd
| # | Nome | Capitalizzazione di mercato | Prezzo | Volume (24h) | Quantità Circolante | Grafico 7d | ||
|---|---|---|---|---|---|---|---|---|
| 7 | USDC USDC | $75,943,747,460.00 | $1.001012 | $9,302,489,421.00 | 75,866,942,293 | |||
| 18 | Chainlink LINK | $10,731,889,910.00 | $17.12 | $458,125,211.00 | 626,849,970 | |||
| 24 | Binance Bitcoin BTCB | $8,049,662,102.00 | $110,106.00 | $31,263,975.00 | 73,108 | |||
| 30 | NOT CAT | $6,375,438,326.00 | $0.064118 | $80,783.79 | 99,433,648,874 | |||
| 32 | Shiba Inu SHIB | $5,996,108,744.00 | $0.00001018 | $90,039,991.00 | 589,264,883,286,605 |
Nftfy Liquidità
| NFTFY Prezzo | $0.001351 0.14% |
|---|---|
| Volume 24h | $1.37 -89.38% |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
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