The crypto market is back in action, with top coins soaring past expectations over the past month. Likewise, memecoins have performed extremely well. Enthusiasts holding and trading the assets are already witnessing profits. Consequently, a lot of funds are going into these assets as they are expected to net further returns.
The industry-wide interest in memecoins is because of their ability to capture hype and utilize it to surge in valuation. This characteristic lets the tokens observe gigantic price rises in very little time, often making them the frontrunners in spiking activity during bull cycles. And that attracts investors to possible large-scale payouts, which is why the past month has seen massive memecoin-related trading and investing activity.
However, indulging in memecoins is one of the riskiest affairs in the crypto market as their prices can drop as fast as they rise. The disadvantage to relying on hype, as memecoins do, is high volatility levels. Thus, tokens with well-rounded utility are better investment vehicles as they can stand the test of time. Moreover, utility tokens representing projects entering the crypto market hold the best chances to make investors the most significant returns.
Utility-Driven Tokens Often Rise Over Memecoins
The NFTFN token represents just that – a utility token belonging to a next-gen project entering the ecosystem with the potential to revolutionize the NFT market. The token is being launched right before the NFTFN platform’s implementation through a highly anticipated presale at an exclusive price of $0.0025. The token’s place in a disruptive platform positions its price to surge like no other in the coming months, with its price action based on real value derived from utility, unlike meme coins.
To understand the hype behind the NFTFN token, rightfully driven by its utility, one must investigate the NFTFN platform. It is expected to be the next bigly adopted project and is already backed by crypto titans like Sandeep Nailwal, the Polygon co-founder. Such interest from top crypto personalities is due to the platform’s industry-shaping use cases.
The NFTFN Platform – Reshaping the NFT Market
The platform is a reimagined NFT trading venue that offers capabilities that traditional NFT marketplaces have yet to conceive. It integrates a trading index that houses some of the most prominent NFTs from top-dollar blue-chip collections. Those interested in gaining value from NFTs can trade perpetual futures contracts representing portions of the NFT index, thus offering traders exposure to top NFTs collectively and fractionally.
Essentially, traders interact with the collective value of all the NFTs in the index, trying to profit from their collective price movements. The collective interaction is also fractional in the sense that traders only hold claims to portions of each NFT in the index. This approach enables NFTFN to allow trading with as little as $10, opening the doors to a wide range of NFT enthusiasts who do not hold the capital needed to buy or trade top-dollar NFTs.
>> Be Among the FIRST! Get the Exclusive Perks From NFTFN Presale <<
With increased accessibility to the NFT market and its top assets through the NFTFN platform, experts believe it will become the path most enthusiasts take to profit off NFT price movements. Moreover, blue-chip NFTs depict the most robust price movements of all NFTs, with obscure collections often dropping in value due to volatility or being rug-pull scams. NFTFN, with its offering of blue-chip NFTs, secures users from interacting with assets prone to such impediments.
The platform takes secureness to another level by facilitating trades through a DEX, nullifying human corruption from the trading process. Simultaneously, users can check all past trades on the DEX, alongside current bids and asks on its transparent orderbook. NFTFN prioritizes transparency to ensure fair trading practices on its platform.
It also removes all hidden fees, ensuring traders do not have to shell out money unfairly. The slippage fees associated with so many trading platforms are eliminated from NFTFN. Simultaneously, traders can make the most of their strategies by harnessing the 10X leverage potential provided by the platform. Ergo, they can avoid losing out on unrequired fees and capitalize to the greatest extent with attractive leverage options.
NFTFN also integrates crypto asset types beyond NFTs for those interested. They can trade perps of Bitcoin Ordinals, RWAs (Real World Assets), and ERC-20 tokens through the same index-based approach as NFT trading. With that, they can stand to gain as much as possible from popular asset types and their market movements.
Thus, the NFTFN token is bolstered by a robust platform that offers it utility by fostering fee payments, insuring trading positions, and generating rewards through staking. These features make it integral to the platform, thereby associating its price point with the adoption of the platform.
NFTFN Token Will Outshine Popular Memecoins
As industry adoption seems inevitable thanks to the avant-garde use cases of the platform, the NFTFN token will invariably rise in value to outpace current memecoin gains. Moreover, it will offer steadier growth than any memecoin can, making it the best-suited investment for crypto enthusiasts during this bull run.
About NFTFN
NFTFN is the go-to platform for perpetual trading of diverse assets like Blue-Chip NFTs, Crypto, and Real-World Assets. With a minimum investment of just $10, users can easily take long or short positions on their chosen asset class, catering to traders of all levels.
For more visit:
Website: nftfn.xyz
Telegram: t.me/nftfnofficial
Twitter: twitter.com/nftfnofficial
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
