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What currencies are included in the nft concept?

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2024-07-17 15:09:55807browse

Currencies related to the NFT concept include: Ethereum (ETH): the major currency that supports most NFT transactions. Polygon (MATIC): A low-fee and fast-transaction sidechain for the NFT market. Solana (SOL): Fast, scalable blockchain for NFT art. Binance Smart Chain (BSC): Low fees and fast confirmations for NFT transactions. Flow (FLOW): Optimized for throughput and scalability, specifically for NFTs. Tezos (XTZ): Focused on security and governance, for NFT artists. WAX (WAXP): Specially used for NFT transactions, with low fees and fast transactions.

What currencies are included in the nft concept?

NFT concept related currencies

What is NFT?

Non-fungible tokens (NFTs) are unique digital assets stored on the blockchain that represent ownership of a specific digital or physical asset.

Coins related to the NFT concept

  • Ethereum (ETH): As the blockchain that supports most NFT transactions, ETH is the main currency for buying and selling NFTs.
  • Polygon (MATIC): An Ethereum-compatible sidechain that offers lower fees and faster transaction speeds for NFT markets and games.
  • Solana (SOL): A fast and scalable blockchain known for its low cost and high throughput for NFT art and collectibles.
  • Binance Smart Chain (BSC): A smart contract blockchain launched by Binance that provides low fees and fast transaction confirmations for NFT transactions and games.
  • Flow (FLOW): A blockchain designed specifically for NFTs and games, providing optimized high throughput and scalability.
  • Tezos (XTZ): A security and governance focused blockchain with specialized features for NFT artists and collectors.
  • WAX (WAXP): A blockchain dedicated to NFT transactions and games, known for its low fees and fast transactions.

These coins play a vital role in the NFT ecosystem, providing users with the means to buy, sell, and create NFTs. Their selection depends on specific needs, such as transaction speed, fees, and supported NFT markets.

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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