Non-fungible tokens (NFTs) are unique digital assets on the blockchain that represent unique real-world items. Features include: Unique: Each NFT has a unique identifier, making it irreplaceable. Scarcity: NFTs are often issued in limited quantities, making them collectible. Ownership: NFT ownership is stored on the blockchain, providing transparent and immutable proof. Transferability: NFTs can be bought, sold and traded on the market like other crypto assets. Verifiability: Blockchain ensures the authenticity and provenance of NFTs, making them less susceptible to counterfeiting.
What is NFT?
Non-fungible token (NFT) is a unique digital asset on blockchain technology that represents a unique item in the real world. Unlike fungible cryptocurrencies such as Bitcoin, NFTs are each unique and cannot be copied or split.
Characteristics of NFTs:
- Unique: Each NFT has a unique identifier, making it irreplaceable.
- Scarcity: NFTs are usually issued in limited quantities, making them collectible.
- Ownership: NFT ownership is stored on the blockchain, providing transparent and immutable proof.
- Transferability: NFT can be bought, sold and traded in the market like other crypto assets.
- Verifiability: Blockchain ensures the authenticity and provenance of NFTs, making them less susceptible to counterfeiting.
NFT use cases:
- Digital Art and Collectibles: NFT enables people to own and trade unique digital art, collectibles, and other virtual items.
- Game Assets: NFT can represent in-game items such as weapons, skins, and avatars, and allow players to monetize their ownership and value.
- Real Estate: NFT can be used to represent and trade real-world real estate, providing secure and transparent proof of land ownership.
- Identity Verification: NFT can be used to verify identity and ownership, such as passports, driving licenses, and academic qualifications.
- Supply Chain: NFT can be used to track and verify goods from production to consumption, ensuring authenticity and transparency.
APENFT (NFT) Current Price: $4.4000850199464E-7
Trading Volume: $24878361.796546
Market Cap: $440004101.90962
Latest change: -1.58108058%
Price change factors:
APENFT’s price movements are driven by factors such as market sentiment, industry news and volatility in the broader crypto asset market.
Future Price Analysis:
In the short term, the price of APENFT is likely to remain fluctuating around current levels. However, if the crypto asset market experiences a larger rally, the currency’s price could benefit.
Investor Advice:
Investors should exercise caution when investing in APENFT or any other crypto asset. It is recommended to only invest money that you are willing to lose.
Short-term trend forecast:
APENFT’s price may remain stable or fluctuate slightly in the coming days.
Indicator:
- Current price: $4.4000850199464E-7
- 24 hour trading volume: $24878361.796546
- Circulation volume: 99999000000000APENFT
- Maximum supply : 999990000000000
- Total supply: 999990000000000
- Market value: $440004101.90962
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