In past two years, the demand for NFT has grown at huge scale and it has gained lot of popularity amongst crypto investors and traders. It is huge worth to invest in NFT, it is no big deal that it has developed lot of interest specifically when it comes to projects such as NFTX which you will get more information in this article.
More persons and crypto investors have lot of interest in NFTX platform. If you want to be safe and secured it is very important that you choose a platform with huge quality which has high ratings from users. In this article, you will learn interesting information such as price forecast, market cap, market rank, 24-hour trading volume, fully diluted market cap, circulating supply, maximum supply, and total supply.
What is NFTX?
NFTX is a platform that acts as a channel between Non-Fungible Tokens (NFT) and Decentralized Finance (DeFi). It encourages features such as minting, creation, and trading of ERC-20 tokens that are supported by NFT collectibles. This amazing strategy allows for fractional ownership of NFTs, which becomes available for huge audience, has huge liquidity, is more efficient, and offers huge liquidity in the market.
At the center part, NFTX acts as both marketplace for NFTs and a project for developing funds for NFTs. These funds are ERC-20 tokens which shows a specific share in a collection of NFTs. On NFTX platform, there are two types of funds such as D1 and D2.
The funds of D1 possess a 1:1 ratio supported by NFT which can be explained in an easy manner as each specific fund in D1 token is straight away supported by certain NFT in a collection. For example, having ownership of token from D1 fund can give you permission to redeem it for certain NFT from that collection.
On other side, D2 funds are more complicated. They are integrated with many types of funds and provide wide range of diversified exposure to a variety of NFTs with a specific category. This helps investors to achieve big exposure to wide range of NFT markets and there is no requirement to maintain individual NFTs.
NFTX also integrates a governance model that encourages token holders with authority who takes decision. If there are any modifications in proposals or new ideas on the platform need permission of 80% of voting tokens, which assures that no individual business entity can have monopoly of decision making. These proposals has 24 24-hour time limit of voting which encourages smooth and effective governance.
The project is connected with decentralized exchanges (DEXs) such as Uniswap which provides services of trading of ERC-20 tokens, provides liquidity, and encourages price discovery of NFTs which might be illiquid. This helps by providing benefits not only to NFT creators and collectors by providing them fresh ideas to generate income and invest in NFTs but are also looking for investors who have lot of interest in diversifying their portfolio with digital assets.
NFTX provides amazing solution for liquidity and accessibility of issues in NFT marketplace because it lies at the intersection of NFTs and DeFi. The NFTX platform promotes fractional ownership and trading of NFTs with the help of ERC-20 tokens. NFTX is growing the possibilities of creators, collectors, and investors.
NFTX (NFTX) – Key Points
Name of the coin
NFTX
Ticker symbol
NFTX
Blockchain
Ethereum
Circulating supply
606,672 NFTX
Total supply
650,000 NFTX
Maximum supply
NA
Exchanges
Gate.io, Uniswap v3 (Ethereum), Bilaxy
Wallet
Trust Wallet, Meta Mask
Website
nftx.io
NFTX (NFTX) – Price Statistics
Market cap
$19,316,018
Market rank
#910
24-hour trading volume
$60,480
Rank by trading volume
#3198
Fully diluted market cap
$20,692,331
Volume/Market cap (24h)
0.31%
All-time high (16th February, 2021)
$486.83
All-time low (15th June, 2023)
$11.61
NFTX (NFTX) Coin – Watch Full Video
How is NFTX secured?
The NFTX gives preference for safety to its platform and safeguarding digital assets of holders and personal information such as PIN with the help of multi-layer approach of security. This includes execution of two-factor authentication which adds an extra step for verification process, which assures that users who have authority can only have control of their account. To ensure that data is transmitted smoothly, end-to-end encryption is integrated which develops trust that important information which is sent to another person cannot be traced or read by third party.
The important feature of NFTX security is that Fairness. The project provides reports about transparency which helps to build trust among users which provides detailed information and security practices. Additionally, NFTX has gone through an independent audit. The 3rd party auditors conduct audit of NFTX platform and identify any vulnerabilities, check the code of platform, and suggest improvements if needed.
The security protocols of NFTx platforms are updated on frequent basis with latest standards being implemented. This consists of consistent upgradation and enhancing safety practices which assures strong safety against threats. the project is strongly committed to safety in well-established safety protocol which is built to protect personal assets of users extensively.
It is very crucial for users to perform their own research and check the safety features on any platform before stepping into it. NFTX adopts amazing safety standards to protect its platform and users’ assets, it is very important to be alert in order to protect our digital assets.
The owners of NFT should keep in mind is if they deposit NFT into NFTX vault, they won’t get it back. Whenever any NFT is given in vault, the owner relinquishes ownership of NFT in exchange for vToken.
How will NFTX platform be used?
The NFTX acts as a pivotal tool in the domain of non-fungible tokens (NFTs), which provides variety of different application that fulfills both creators and collectors. the basic objective is to encourage buying and minting of NFTs which shows virtual presentation of both tangible and intangible assets. this include wide variety of items such as artwork, collectibles, and real estate which provides virtual ownership of proof which can be effectively transferred.
It promotes the development of funds based on NFT collectibles which encourage users to make investments in diversified portofolio on NFTs. If different NFTs are pooled into a single fund, investors can attain huge exposure based on performance of market instead of being dependent on success of single tokens.
Additionally, NFTX plays important role in transforming illiquid NFTs into liquid assets. With help of its platform, users can perform trading of NFT funds which is same like trading of stocks which becomes simple to buy and sell interests in NFT collections and there is no need for ownership of assets. This improves effectiveness in market but also opens the door of fresh investment opportunities.
The application of NFTX project is expands into several industries such as music, games, and sports whereas the main use of NFTs is used show unique items.
When was NFTX platform launched?
In the beginning of January, 2021, the NFTX platform was launched. The primary objective is to deliver huge quality service to consistently growing NFT industry with the help of Indexing of projects. The specific token represents index funds, you should remember that they are fungible as well as composable.
The word fungible can al;so be used to explain interchangeable for other tokens.
Why is NFTX platform so unique?
The main business of the project is to fill the gap between DeFi, decentralized finance and NON-Fungible Tokens. The project is completely different and has achieved a lot of popularity because NFTX has goal to reproduce indexes such as coinmarketcap and DeFi pulse. The project has to expand its uses which include:
Lottery tickets
In game items
Digital collectibles in NFT form
The project of NFTX is seeking for improvement with help of NFT ERC-20 loans providing and on-chain liquidity. There is no requirement for NFT holders to give away their ownership when it comes to loans. The services which are provided charge a fee of 2.5% on minting and burning operations.
NFTX (NFTX) Coin – Price history
On 1st June, 2022, the opening price touched $51.38 and the closing price reached $28.23. The maximum price reached $59.58 and the minimum price hit $19.48. The 24-hour trading volume reached $2,001,496 and market cap was $11,648,491.
On 1st August, 2022, the opening price was reduced by 22.87% and hit $39.63 and the closing price fell by 5.35% and hit $29.74compared to 1st June, 2022. The maximum price reached $47.24 and the minimum price touched $22.84. On 1st August, 2022, the 24-hour trading volume was increased by 61.35% and hit $3,229,336 and the market cap saw hike of 6.37% and touched $12,390,673.
On 1st October, 2022, the opening price reached $21.54 and the closing price touched $21.49. The maximum price was dropped by 60.76% and hit $23.38 and the minimum price fell by 8.32% and hit $17.86 compared to 1st August, 2022. The 24-hour trading volume on 1st October, 2022 the 24-hour trading volume was reduced by 76.49% and hit $759,112 and the market cap was saw increment of 5.20% and hit $13,034,901.
On 1st January, 2023, the opening price was droped by 45% and hit $11.84 and the closing price was reduced by 5.54% and hit $20.30compared to 1st October, 2022. The maximum price reached $21.56 and the minimum price touched $11.72. On 1st January, 2023, the 24-hour trading volume saw increment of 1363.59% and hit $1,110,279 and the market cap saw hike of 5.50% and hit $12,317,368.
On 1st April, 2023, the opening price reached $19.12 and the closing price touched $16.71. The maximum price was reduced by 6.59% and hit $20.14 and the minimum price saw increment of 38.80% and hit $16.15compared to 1st January, 2023. The 24-hour trading volume on 1st April, 2023, was reduced by 24.97% and hit $833,004 and the market cap was dropped by 17.68% and hit $10,139,735.
On 1st August, 2023, the opening price was reduced by 32.68% and hit $12.87 and the closing price was reduced by 20.83% and hit $13.23compared to 1st April, 2023. The maximum price touched $14.13 and the minimum price reached $12.11. The 24-hour trading volume on 1st August, 2023, was reduced by 9.14% and hit $756,855 and the market cap was dropped by 20.85% and touched $8,025,165.
On 1st November, 2023, the opening price touched $15.43 and the closing price reached $22.81. The maximum price saw increment of 67.87% and hit $23.72 and the minimum price saw growth of 21.72% and hit $14.74compared to 1st August, 2023. The 24-hour trading volume on 1st November, 2023 saw increment of 131.45% and hit $1,751,758 and the market cap saw huge growth of 72.42% and hit $13,836,737.
On 1st January, 2024, the opening price saw increment of 54.70% and hit $23.87 and the closing price saw growth of 9.16% and hit $20.72 compared to 1st November, 2023. The maximum price touched $28.95 and the minimum price reached $19.38. On 1st January, 2024, the 24-hour trading volume was dropped by 3.72% and hit $1,686,609 and the market cap saw hike of 9.14% and hit $12,571,847.
On 1st March, 2024, the opening price reached $28.52 and the closing price touched $18.41. The maximum price saw hike of 10.36% and hit $31.95 and the minimum price was dropped by 7.28% and touched $17.97 compared to 1st January, 2024. The 24 -hour trading volume saw increment of 16.60% and hit $1,966,636 and the market cap was dropped by 11.17% and touched $11,168,173.
On 1st May, 2024, the opening price was dropped by 49.30% and hit $14.46 and the closing price was increased by 94.62% and hit $35.83compared to 1st March, 2024. The maximum price was $38 and the minimum price reached $14.15. On 1st May, 2024, the 24-hour trading volume was increased by 21.89% and hit $2,397,150 and the market cap saw increment of 94.61% and hit $21,734,391.
Disclaimer – Cryptocurrency and Stock market is a highly volatile market and unstable. Do your proper research and study before investing. Our website aims to provide information regarding the crypto market. We are not responsible if you suffer any loss. Spend enough time on research. We are not providing investment or financial advice or tips. We are just providing our personal opinion based on our research.
NFTX (NFTX) Price Prediction – 2024 to 2050
Year
Minimum price ($)
Average price ($)
Maximum price ($)
2024
31.76
33.56
35.34
2025
36.02
37.63
39.23
2026
40.13
42.74
45.34
2027
46.27
49.32
52.37
2028
53.07
56.69
60.30
2029
61.84
65.65
69.46
2030
70.09
74.87
79.64
2035
111.14
117.88
124.62
2040
192.89
199.11
205.32
2050
411.52
421.84
432.15
NFTX (NFTX) Price Prediction – 2024
If market faces bearish signal, the minimum projected price is expected to hit $31.76. The average trading price is projected to hit $33.56 at the end of the year. If market observes bullish signal, the maximum projected price is expected to touch $35.34.
NFTX (NFTX) Price Prediction – 2025
If market experiences downward sentiments, the minimum forecasted price is estimated to reach $36.02. The average trading price is projected to touch $37.63 at the end of the year. If market observes bullish sentiments, the maximum forecasted price is anticipated to reach $39.23.
If we compare average trading price with year 2024, we can analyze that prices has shown projected increment of 12.13%. The minimum price has shown projected growth of 13.41% while maximum price has shown projected increment of 11%.
NFTX (NFTX) Price Prediction – 2026
If market faces bearish sentiments, the minimum projected price is expected to reach $40.13. The average trading price is projected to hit $42.74 at the end of the year. If market faces bullish signal, the maximum projected price is anticipated to reach $45.34.
If we compare average trading price with year 2025, we can analyze that prices has shown projected growth of 13.58%. The minimum price has shown projected growth of 11.41% while maximum price has shown projected increment of 15.57%.
NFTX (NFTX) Price Prediction – 2027
If market faces downward sentiments, the minimum forecasted price is expected to hit $46.27. The average trading price is projected to hit $49.32 at the end of the year. If market faces bullish signal, the maximum projected price is anticipated to hit $52.37.
If we compare average trading price with year 2026, we can analyze that prices has shown projected hike of 15.40%. The minimum price has shown projected growth of 15.30% while maximum price has shown projected hike of 15.50%.
NFTX (NFTX) Price Prediction – 2028
If market faces bearish signal, the minimum projected price is expected to touch $53.07. The average trading price is projected to hit $56.69 at the end of the year. If market faces bullish signal, the maximum projected price is estimated to reach $60.30.
If we compare average trading price with year 2027, we can analyze that prices has shown projected growth of 14.94%. The minimum price has shown projected growth of 14.70% while maximum price has shown projected growth of 15.14%.
If we compare average trading price with year 2026, we can analyze that prices has shown projected growth of 32.64%. The minimum price has shown projected growth of 32.25% while maximum price has shown projected increment of 33%.
NFTX (NFTX) Price Prediction – 2029
If market faces bearish sentiments, the minimum projected price is anticipated to hit $61.84 . The average trading price is projected to hit $65.65 at the end of the year. If marker observes bullish sentiments, the maximum projected price is expected to reach $69.46.
If we compare average trading price with year 2028, we can analyze that prices has shown projected growth of 15.81%. The minimum price has shown projected growth of 16.53% while maximum p[rice has shown projected increment of 15.19%.
If we compare average trading price with 2027, we can analyze that prices has shownm projected increment of 33.11%. The minimum price has shown projected growth of 33.65% while maximum price has shown projected increment of 32.63%.
NFTX (NFTX) Price Prediction – 2030
If market observes bearish signal, the minimum projected price is expected to hit $70.09. The average trading price is projected to hit $74.87 at the end of the year. If market faces bullish sentiments, the maximum projected price is expected to reach $79.64.
If we compare average trading price with year 2029, we can analyze that prices has shown projected growth of 14.04%. The minimum price has shown projected growth of 13.34% while maximum price has shown hike of 14.66%.
If we compare average trading price with year 2028, we can analyze that prices has shown projected growth of 32.07%. The minimum price has shown projected increment of 32.07% while maximum price has shown projected growth of 32.07%.
If we compare average trading price with year 2025, we can analyze that prices has shown projected increment of 98.96%. If any person invests $100 in year 2025 and holds NFTX coin upto 2030 his investments can reach $190.
NFTX (NFTX) Month-Wise Price Prediction – 2030
Month
Minimum price ($)
Maximum price ($)
Jan.
70.09
71.12
Feb.
70.12
71.25
March
70.45
71.34
April
71.23
71.56
May
71.34
72.23
June
71.56
72.34
July
71.56
72.45
Aug.
72.13
73.56
Sep.
72.14
73.65
Oct.
72.45
75.23
Nov.
73.23
75.38
Dec.
73.35
79.64
NFTX (NFTX) Price Prediction – 2035
If market faces downward sentiments, the minimum projected price is anticipated to reach $111.14. The average trading price is projected to hit $117.88 at the end of the year. If market faces bullish signals, the maximum forecasted price is expected to reach $124.62.
If we compare average trading price with year 2030, we can analyze that prices has shown projected growth of 57.45%. The minimum price has shown projected growth of 58.57% while maximum price has shown projected hike of 56.48%.
If we compare average trading price with year 2029, we can analyze that prices has shown forecasted hike of 79.56%. The minimum price has shown projected growth of 79.72% while maximum price has shown projected increment of 79.41%.
If we compare average trading price with year 2027, we can analyze that prices has shown hike of 139.01%. If any person invests $150 in year 2027 and holds NFTX coin upto 2035 his investments can reach $350.
NFTX (NFTX) Month-Wise Price Prediction – 2035
Month
Minimum price ($)
Maximum price ($)
Jan.
111.25
113.12
Feb.
111.36
113.35
March
111.14
113.25
April
111.46
113.78
May
112.32
114.23
June
112.25
114.12
July
112.56
115.35
Aug.
113.12
115.46
Sep.
113.35
115.78
Oct.
114.25
116.32
Nov.
114.36
117.28
Dec.
115.23
124.62
NFTX (NFTX) Price Prediction – 2040
If market observes bearish sentiments, the minimum projected price is expected to reach $192.89. The average trading price is projected to hit $199.11 at the end of the year. If market faces bullish signal, the maximum projected price is anticipated to reach $205.32.
If we compare average trading price with year 2035, we can analyze that prices has shown projected increment of 68.91%. The minimum price has shown projected growth of 73.56% while maximum price has shown projected hike of 64.76%.
If we compare average trading price with year 2030, we can analyze that prices has shown projected growth of 165.94%. The minimum price has shown projected growth of 175.20% while maximum price has shown projected hike of 157.81%.
If we compare average trading price with year 2027, we can analyze that prices has shown hike of 303.71%. If any person invests $200 in year 2027 and holds NFTX coin upto 2040 his investments can reach $800.
NFTX (NFTX) Month-Wise Price Prediction – 2040
Month
Minimum price ($)
Maximum price ($)
Jan.
192.95
194.13
Feb.
193.15
194.32
March
193.46
194.56
April
192.89
194.75
May
194.25
194.89
June
194.37
205.32
July
194.56
195.23
Aug.
195.23
196.23
Sep.
195.27
197.56
Oct.
195.38
198.33
Nov.
196.13
200.13
Dec.
196.28
202.32
NFTX (NFTX) Price Prediction – 2050
If market observes downward trends, the minimum projected price is expected to reach $411.52. The average trading price is projected to hit $421.84 at the end of the year. If market faces bullish sentiments, the maximum projected price is expected to touch $432.15.
If we compare average trading price with year 2040, we can analyze that prices has shown projected growth of 111.86%. The minimum price has shown projected growth of 113.34% while maximum price has shown hike of 110.48%.
If we compare average trading price with year 2035, we can analyze that prices has shown projected increment of 257.86%. The minimum price has shown projected hike of 270.27% while maximum price has shown projected growth of 246.77%.
If we compare average trading price with year 2030, we can analyze that prices has shown projected hike of 463.43%. If any person invests $300 in year 2027 and holds NFTX coin upto 2050 his investments can reach $1690.
FAQs
Q1) What is Circulating, Total, and Maximum supply of NFTX (NFTX) coin?
Ans – The Circulating supply is 606,672 NFTX, Total 650,000 NFTX, and Maximum supply of NFTX (NFTX) coin is not available.
Q2) What is price of NFTX (NFTX) coin today?
Ans – Thecurrentprice of NFTX (NFTX) coin is $31.55 with market cap of $19,316,018 and 24-hour trading volume of $60,480.
Q3) How high can NFTX (NFTX) coin go?
Ans – The maximum projected price of NFTX coin is anticipated to reach $79.64by 2030, if we consider 5 year plan.
Q4) What is future of NFTX (NFTX) coin?
Ans – The future of NFTX (NFTX) coin is very bright and has lot of potential, if we analyze price forecast of NFTX coin from 2025 to 2030, we can observe that average prices has shown consistent growth of 12 to 15% every year.
Q5) What is All-time high and All-time low price of NFTX (NFTX) coin?
Ans – The All-time high price is $11.61 and All-time low price of NFTX (NFTX) coin is $486.83.
Q6) Will NFTX (NFTX) coin can reach $500?
Ans – Yes, NFTX (NFTX) coin can reach $500 but it will take more than 15 years i.e. after 2040. In this decade, we are not expecting NFTX coin to hit $10. But if awareness on different social media platforms such as Facebook, Twitter, Instagram, and YouTube rises and sudden demand of NFTX coin increases then it is possible that within short time it may hit $500. The cryptocurrency is highly volatile market, prices may increase and drop at any time.
Q7) Is NFTX (NFTX) coin a good investment?
Ans –Yes,NFTX (NFTX) coin is a good investment but only if you are planning to invest for long-term purposes. The circulating supply is 606,672 NFTX, the total supply is 650,000 NFTX, and maximum supply of NFTX coin is not available. The market cap is $19,316,018 and market rank of NFTX coin is #910. The 24-hour trading volume is $19,316,018 and fully diluted market cap is $60,480
Q8) From where can you buy NFTX (NFTX) coin?
Ans – the top cryptocurrency exchange platform from where you buy NFTX (NFTX) coin is Gate.io, Uniswap v3 (Ethereum), Bilaxy.
Q9) How much should a beginner invest or trade in NFTX (NFTX) coin?
Ans – If you are a beginner then you should spend maximum time in researching crypto market, study chart patterns, learn technical and fundamental analysis, watch crypto news channel. If you are a newbie then you should not invest more than $100 in crypto market. Once you gain deep knowledge and experience then you can gradually increase your investments as per budget. The reason we recommend minimum investment is if you suffer loss it would not make any huge difference.
If any trader or investor has more than 5 years of expereince in crypto market then he should invest as per his budget.
Q10) Is NFTX (NFTX) coin a Scam or Legit?
Ans – This question is one of the most popular question asked by many investors and traders as they are excited to know whether NFTX coin is Scam or not. The NFTX coin is listed on popular coin listing platform such as coinmarketcap. The blockchain developers and engineers review each coin or token before listing on our platform. If they find any suspicious activity such as manipulation of market cap and trading volume. They will remove coin or token from their platform.
The another factor is that is is traded on popular exchange platform such as Gate.io, Uniswap v3 (Ethereum), Bilaxy.
As per our opinion and research, NFTX (NFTX) coin is not a Scam and it is genuine.
