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Price
$0.0571
10/2/2022, 5:55:13 AM
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Market

Market stats

Market cap

$1.9M

Volume (24h)

$73,848.36

Circulating supply

32.7M NFTD

All time high

$2.13

Price change (1h)

-0.06%

Price change (24h)

-4.69%

Price change (7d)

-15.35%

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NFTrade is on the decline this week.

The price of NFTrade has fallen by 15.35% in the past 7 days. The price declined by 4.69% in the last 24 hours. In just the past hour, the price shrunk by 0.06%. The current price is $0.057127 per NFTD. NFTrade is 97.32% below the all time high of $2.13.

The current circulating supply is 32,741,174.85 NFTD.

About

What Is NFTrade (NFTD)?

NFTrade (NFTD) is a cross-chain non-fungible token (NFT) trading platform. NFTs are verifiably distinct digital cryptocurrency tokens that are neither convertible nor fungible with one another. This feature enables anybody to create, acquire, and trade one-of-a-kind digital goods with clear ownership rights and traceable history. The NFTrade platform aims to operate as an aggregator of all NFT ecosystems and host the entire NFT lifecycle, allowing anybody to create, trade, swap, farm, and leverage NFTs across multiple blockchains.

According to the litepaper, innovation in the NFT marketplace is essential to add value to the user experience and make the process simpler and more cost effective for the end users. Consequently, NFTrade seeks to bring in a decentralized trading mechanism accomplished through peer-to-peer swaps. Peer-to-peer (P2P) swaps allow two users to trade directly with one another without the need for third-party control or verification. With escrowed P2P swaps, a previously untapped segment of the market becomes much more accessible, producing significant value for everyone who wants to interact. Further, users retain complete sovereignty over their NFTs with the inclusion of multi-chain and cross-chain access. This feature seeks to enable users to take advantage of other networks benefits such as quicker transaction finality and reduced costs.

The platform further seeks to add social features as an initiative to foster community interaction and creativity within the NFT market. Finally, the platform seeks to provide an NFT launchpad. The launchpad feature aims to help enterprises acquire funding while also building a devoted community. They also allow ordinary traders to participate in initiatives that are typically reserved for an elite class of funders.

NFTrade’s native governance and utility token is called NFTD. Token holders that own NFTD have four major benefits—rights to govern, a reduction in platform transaction costs, the ability to stake NFTD in order to gain unique collectible and utility-based NFT, and access to special NFT launches and drops.

History of NFTrade (NFTD)

The NFTrade platform was founded in 2018 by Ori Levi, the CEO. The NFTrade company is based out of Israel.

The platform reports a total supply of 135,000,000 NFTD.

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FAQ

What is the current price of NFTrade?

The price of 1 NFTrade currently costs $0.0571.

What is the market cap of NFTrade?

The current market cap of NFTrade is $1.87M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of NFTrade?

The all-time high of NFTrade is $2.13. This all-time high is highest price paid for NFTrade since it was launched.

What is the 24 hour trading volume of NFTrade?

Over the last 24 hours, the trading volume of NFTrade is $73.85K.

What other assets are similar to NFTrade?

Assets that have a similar market cap to NFTrade include EXMO Coin, SENATE DAO, Pundi X NEM, and many others. To see a full list, see our comparable market cap assets.

How many NFTrade are there?

The current circulating supply of NFTrade is 33 million.

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