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NFTX is a platform that allows users to create their own ERC-20 tokens backed by NFT (non-fungible token) collectables. According to its Litepaper, the aim is to build liquid markets for NFTs, powering the creation of NFT index funds. A community-owned protocol, NFTX lets users create and trade funds based on collectables, such as CryptoKitties and Axies. After depositing an NFT into a vault, the user mints an ERC-20 token (vToken), which can then be traded. NFTX is the native asset of the protocol. An ERC-20 token on the Ethereum network, NFTX is a governance token.
NFTX (NFTX) is the 690th largest cryptocurrency in the world by market cap, valued at $32,698,721. The current price of NFTX is $78.12, which is -28.016% lower than yesterday. Prices have ranged between $110.11 and $70.86 over the past 24 hours. All prices are listed in US dollars and accurate as of January 22, 2022 11:01 UTC.
| Coin symbol | NFTX |
|---|---|
| Coin Marketcap | US$32,698,721 |
| Total NFTX supply | 650,000 |
| Circulating NFTX | 420,000 |
| Current price | US$78.12 |
| All time high | US$499.09 |
| Notable team members | Alex Gausman |
| Partnerships | PieDAO |
| Industry | NFT index funds |
| Token uses | Governance |
| Network | Ethereum |
Historical prices compared with the price of US$78.12.
| 1 hour | 2.18% |
|---|---|
| 24 hours | -28.02% |
| 7 days | -46.39% |
| 14 days | -38.53% |
| 30 days | 1.60% |
|---|---|
| 60 days | -29.31% |
| 200 days | 26.96% |
| 1 year | 85.11% |
Disclaimer: Cryptocurrencies, including NFTX, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of NFTX is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the NFTX or any other cryptocurrency discussed.