NFTX offers a solution for the world of digital collectibles (NFTs). The project helps you to unlock the value of the NFTs. It is a community-driven project that bridges the gap between NFTs and traditional finances.
Are you excited about NFTX? Well, we have explored all the major details about the crypto. Check out all you need to know about NFTX, including the function of the project, current performance, future price forecast, buying options, buying processes, and credibility.
Let us dive deep into the world of NFTX:
What is NFTX?
NFTX operates as a decentralized protocol fostering a collaborative environment. The platform is owned and operated by the community. The purpose is to create non-fungible tokens (NFT). Instead of buying the entire NFT, it is possible to invest in funds made on the NFTX.
These funds are ERC-20 tokens backed by popular NFT collections like CryptoKitties or CypherPunks. It is like buying shares in a company of rare digital assets.
| Token Name | NFTX |
| Market Cap | $12,729,128 |
| 24-hour Trading Volume | $679,726 |
| Total Supply | 650,000 |
| Max Supply | 650,000 |
| Chains | Ethereum Ecosystem |
Key Factors of NFTX
- Funds: NFTX offers two types of funds: D1 Funds and D Funds.
D1 Funds: It has a ratio of 1:1. They represent a single NFT collection. It is a simple way to invest in a specific group of collectibles.
D2 Funds: It is also known as top-level funds. They combine multiple D1 funds, offering border exposure to the NFT market.
- Time-saving: Researching and managing individual NFTs can be a time-consuming process. The NTFX funds offer a convenient entry point. This is adaptable for busy investors who look forward to capitalizing on the NFT market.
- Focus: NFTX targets investors who want to have a similar way to gain exposure for their NFTs. Passionate collectors can enjoy the process.
NFTX Tokens: Early distribution of NFTX
The total supply of NFTX is 650,000. The token holders can participate in the decision-making. Check out the distribution of NFTX tokens:
60% is allotted to the Early Community Members
20% for the NFTX DAO Treasury
10% for the Founders
10% for Liquidity
Price Prediction of NFTX (NFTX)
At the time of writing this, NFTX has been trading for the past 24 hours at $679,726. This signals an increase of 742.00% from the previous day.
The surge represents a recent rise in market activity. As per the current trading rate of NFTX and its market trajectory, we have made a seven-year price prediction for the crypto.
Check out the seven-year price prediction of NFTX until 2030:
| Year | Minimum Price Prediction | Average Price Prediction | Maximum Price Prediction |
| 2024 | $26.59 | $63.18 | $65.77 |
| 2025 | $64.44 | $74.90 | $77.28 |
| 2026 | $88.24 | $100.66 | $107.07 |
| 2027 | $115.55 | $127.12 | $137.44 |
| 2028 | $115.55 | $127.12 | $137.44 |
| 2029 | $142.57 | $157.25 | $165.05 |
| 2030 | $202.38 | $211.30 | $221.77 |
Where can you buy NFTX (NFTX)?
Have you decided to invest in NFTX? Make sure that you have a solid investment plan and financial strategy before proceeding with the purchase. You can easily buy and sell NFTX on credible centralised and decentralised crypto exchanges. Uniswap V3 (Ethereum) is the most active exchange for trading NFTX.
The last 24-hour trading volume in Uniswap V3 (Ethereum) is $569,247. If you want to explore other popular options, you can also go for Bikaxy, Hotbit, Suushiswap, and Gate.io.
How to buy NFTX (NFTX)?
Are you ready with the investment budget to purchase NFTX? We will guide you through the process of investing in the NFTX. Check out the steps here:
Step 1: You can choose the website or application of the exchange to create your free account. Provide your email address, select a strong password, and complete the verification details as per requirement.
Step 2: Finance your account. You can do it by selecting the best payment method of your choice. Most exchanges have options like credit cards, debit cards, bank deposits, third-party payment, and P2P trading.
Step 3: Purchase the NFTX. From the ‘buy and sell’ section of the exchange, select NFTX.
Step 4: You can either hold NFTX in the exchange or transfer it to the personal crypto wallet. It is possible to trade the token for additional passive income.
Is NFTX a credible investment option for you?
The community-driven platform allows the users to place the fund on the Ethereum blockchain. The governance of the project depends on a decentralized autonomous organization. The NFT world is filled with passionate collectors. They are looking forward to collecting the unique and individual pieces.
The NFTX opens the door for a broad audience to invest in NFTs. This provides an alternative to the traditional collector experience. As per the valuation of the NFTX, this appears to be a credible investment option for both beginners as well as expert traders.
The crypto market and related investments are volatile in nature. It is advised to do deep research about the project before investing.
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