
NFTX Price (NFTX)

The live NFTX (NFTX) price today is $ 13.04, with a 0.60% change over the past 24 hours. The current NFTX to USD conversion rate is $ 13.04 per NFTX.
NFTX currently ranks #- by market capitalization at $ 5,476,441, with a circulating supply of 420.00K NFTX. During the last 24 hours, NFTX traded between $ 12.91 (low) and $ 13.08 (high), reflecting market activity. Its all-time high stands at $ 499.09, while the all-time low was $ 11.01.
In short-term performance, NFTX moved -0.00% in the last hour and -0.35% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of NFTX is $ 5.48M, with a 24-hour trading volume of --. The circulating supply of NFTX is 420.00K, with a total supply of 650000.0. Its Fully Diluted Valuation (FDV) is $ 8.48M.
-0.00%
+0.60%
-0.35%
-0.35%
During today, the price change of NFTX to USD was $ +0.077294.
In the past 30 days, the price change of NFTX to USD was $ -3.4730579520.
In the past 60 days, the price change of NFTX to USD was $ -4.6180677520.
In the past 90 days, the price change of NFTX to USD was $ -21.60281553395612.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ +0.077294 | +0.60% |
| 30 Days | $ -3.4730579520 | -26.63% |
| 60 Days | $ -4.6180677520 | -35.41% |
| 90 Days | $ -21.60281553395612 | -62.35% |
In 2040, the price of NFTX could potentially see a growth of 0.00%. It could reach a trading price of $ --.
NFT-backed index funds on Ethereum
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Where can I buy NFTX?
What is NFTX?
NFTX is a Non-Fungible Token (NFT) index funds protocol built on top of Ethereum. There are two types of funds on NFTX - D1 and D2 funds. Every D1 fund token has a 1:1 backing against an NFT. For example, if a user owns 2 PUNK-ZOMBIE, that means the user can redeem exactly two random zombie CryptoPunks at any moment. Every D2 fund token is a Balancer pool's Liquidity Provider (LP) token that has exposure to several D1 funds’ token. PUNK is a D2 fund that combines five different D1 Punk funds (PUNK-ZOMBIE, PUNK-FEMALE, PUNK-BASIC, PUNK-ATTR-4, and PUNK-ATTR-5). Other features that the NFTX team expects to release in the future include NFT loans and randomized gift cards. There are currently no fees charged on NFTX. Who are the target users of NFTX? With only the D1 funds to bootstrap Asset Under Management (AUM), a more diverse D2 fund is expected to be created to have a more diversified exposure to the NFT market. NFTX aims to be the go-to place for NFT investments. Users will arrive at the homepage and will be able to view metrics for top-level funds backed by NFT blue-chips such as CryptoPunks, Axies, CryptoKitties, Avastars, and Hashmasks. How to become the NFTX’s funds Liquidity Provider? Using Hashmasks Index Fund (MASK) as an example, users can supply one or multiple Hashmasks as collateral, which gives back index fund tokens called MASK. MASK tracks the ETH-floor price of all Hashmasks in the index fund. The Hashmasks basic pool is set up to accept any Hashmasks and does not consider specific attributes of the NFT. Because of this, this index fund will organically become a fund that attracts the least valuable Hashmasks, often referred to as floor Hashmasks. Redeeming collateral from an index pool will give users back random Hashmasks from the same index fund - there is no guarantee that users can get back the original deposited Hashmasks. You may buy NFTX from exchanges such as Uniswap, Gate, Hotbit, and Sushiswap. You can find NFTX trading on various other centralized and decentralized cryptocurrency exchanges. One of the biggest problems in the NFT space is price discovery due to rampant wash-trading and illiquidity between sales. Having real-time price feeds from popular funds may solve both of these issues. For example, let’s assume that PUNK-ATTR-4 (Cryptopunk with four attributes) is 150% more expensive than PUNK-BASIC, and the PUNK-ZOMBIE is currently trading at 60 ETH. With this information, users can determine that a zombie CryptoPunk with four attributes should have an approximate price of 150% of 60 ETH, or roughly equal to 90 ETH. We expect more liquidity to flow into NFT markets as more NFT index funds launch. NFTX does not aim to serve the hardcore NFT collectors, as these collectors enjoy browsing and trading individual NFTs. Instead, NFTX seeks to serve investors that want exposure to the NFT market. Investing in an index allows investors that do not have time or expertise on NFTs to benefit from the rise in NFTs’ valuation.
What is NFTX's current price?
NFTX trades at $13.04, reflecting a price movement of 0.59% over the last 24 hours.
What is the market cap and rank of NFTX?
With a market cap of $5476441, NFTX is ranked #2084 globally, showcasing its footprint in the cryptocurrency landscape.
How much trading volume does NFTX generate daily?
It recorded $-- in 24-hour volume, indicating strong interest among traders and deep liquidity conditions.
What is the circulating supply of NFTX?
There are 420000.0 tokens circulating in the open market.
What is the 24-hour price range?
NFTX fluctuated between $12.91 and $13.08, reflecting daily volatility.
How does NFTX compare to its ATH?
Its all-time high is $499.09, offering a benchmark for long-term potential.
What long-term fundamentals influence NFTX?
Fundamentals include supply mechanics, adoption trends within the Decentralized Finance (DeFi),NFT,Asset Manager,Ethereum Ecosystem,NFT Marketplace category, and development momentum on the -- network.
How does NFTX behave under different market conditions?
During high-volume periods, liquidity improves, and spreads tighten. In low-volume periods, price swings may become more erratic due to reduced depth.
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Top cryptocurrencies with market data available on MEXC
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