Crypto whales are usually the first players to move their massive crypto funds toward interesting market phenomena. If the market shows bullish tendencies, whales are often seen purchasing crypto worth millions. If BTC’s price rallies, whales move their funds to the asset. Likewise, many whales are taking their profits from the present bull run and the ones in the past to a new token: NFTFN.
They believe this token, priced at just $0.025, will become the top gainer by the end of this bull run. Investors interested in getting their hands on the token, like the whales have, can head over to the NFTFN presale and reap the rewards in the coming months. But before one gets their hands on the token, they must wonder the reason behind the token’s whale activity.
Simply put, the NFTFN token is native to an upcoming NFT trading application with the potential to turn the NFT segment upside down. The NFTFN platform allows users to interact with the most exquisite NFTs from blue-chip collections with funds as low as $10. While these assets cost hundreds of thousands of dollars a pop, sums that users need to acquire the NFTs on traditional marketplaces, they can turn to NFTFN with double-digit funding instead.
The platform lets users trade top NFTs fractionally, so a tiny amount of $10 is more than enough to start. Trading is facilitated by NFTFN’s NFT index, which comprises all the NFTs the platform onboards and depicts the mean price of the assets in it. Users essentially trade portions of the index through perpetual futures contracts, gaining exposure to blue-chip NFTs collectively and their price action fractionally.
With the emergence of NFTFN, users who could not access high-cost NFTs can now do so. The platform thus breeds equality among the NFT segment, with everyone possessing the chance to ride the price action of pristine NFT assets in hopes of profiting. Simultaneously, NFTFN makes NFT interaction as secure as possible by only listing well-known projects that display good price action and are not scams. Thus, user positions remain firm and will not experience sudden drops.
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NFTFN’s index-based approach also extends to positions remaining as firm as possible. The presence of multiple top NFTs is sufficient to hedge trades effectively, with well-performing tokens in the basket counteracting the negative effects of those not doing well. NFTFN ensures that NFT dealing is very safe for its users.
Other features, including its trading DEX and a transparent orderbook, advance its user-centric programming. NFTFN utilizes the power of decentralization to execute trades, thereby halting worries of centralized manipulation. The transparency of its orderbook allows users to check bids and asks lists in real time to ensure their trades are executed at fair market prices.
NFTFN also brings other asset types into the mix, letting NFT enthusiasts diversify their trading activity by trading perps of RWAs, ERC-20 tokens, and Bitcoin Ordinals. Like the NFTs on the platform, these assets are also clustered into indices of their own, providing the same index-based as NFT trading on the platform. Trading any asset type on the platform comes with 10X leverage, so users can maximize their profitability if they play their bets right.
The NFTFN platform looks to take over the NFT and the broader crypto ecosystem. With its novel use case, NFT enthusiasts would love to jump on what it offers. Its low entry barrier will also invite those unfamiliar with the NFT market to try their luck with the asset type. This will revive NFT interest and make NFTFN the new way to indulge in the next NFT craze. As that happens, the NFTFN token will skyrocket to heights thought unreachable. And that is precisely why the token is captivating crypto whales.
NFTFN is the go-to platform for perpetual trading of diverse assets like Blue-Chip NFTs, Crypto, and Real-World Assets. With a minimum investment of just $10, users can easily take long or short positions on their chosen asset class, catering to traders of all levels.
For more visit:
Website: www.nftfn.xyz
Telegram: t.me/nftfnofficial
Twitter: twitter.com/nftfnofficial
Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.
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