The cryptocurrency market is witnessing a major shift in investment trends among altcoins. Latest market data indicates that investors holding major altcoins like Ripple (XRP) and Pepe (PEPE) have shifted their focus onto a new presale token NFT Finance (NFTFN). The increasing investment in NFTFN by XRP and PEPE investors shows significant confidence in NFTFN as it revolutionizes the broader non-fungible token market.
Read CRYPTONEWSLAND onLong Term Growth Meets Hype
While XRP and PEPE occupy a considerable portion of the crypto market, these altcoins come from two different sectors. The contrast is visible in the risk appetites and investment preference of their respective investors. XRP investors are often attracted by its long-term growth potential, while PEPE investors find the short-term boom in the price of memecoins enticing.
NFTFN’s potential has been described by crypto experts as a combination of significant short-term potential thanks to the popularity of NFTs. and consistent growth in the long term based on its real world utilities. By leveraging the NFT hype, and addressing key challenges in the NFT market, NFTFN has demonstrated the potential for explosive short-term growth and sustainable long-term profitability.
Addressing NFT Market Challenges
NFTFN’s focus on addressing challenges in the NFT market with innovation, has been a major driver in attracting the attention of XRP and PEPE investors. SuperNova (SNV), NFTFN’s flagship offering, is a revolutionary decentralized exchange (DEX) that allows users to trade premium NFTs based on the floor price of the collection. By eliminating the need to own individual blue chip NFTs, NFTFN aims to remove the high entry barriers in this space.
Strong Fundamentals
With its well-planned tokenomics, NFTFN has made long-term stability priority one. Only 20.3% of the tokens have been allocated to public sale, effectively controlling the price and reducing short-term volatility. Furthermore, 5% of the supply has been allocated to liquidity provisioning enhancing the token’s stability in the crypto market.
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Strategic Partnerships
NFTFN is backed by the likes of Polygon founder Sandeep Nailwal, who along with other investors like Dapps have raised over $500k. NFTFN has also entered strategic partnerships with industry leaders like Polygon and Binance Smart Chain (Blockchain Partners), Google Cloud Platform (Cloud Partner), OpenSea and BitsCrunch (Pricing Partners), etc.
Apart from XRP and PEPE investors, retail traders are also rushing to participate in stage 1 of NFTFN’s presale. NFTFN tokens are currently available for just $0.025, with supply limited to 1 billion tokens.
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